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Updated to Q1 2021
The MPG market will remain tight for as long as integrated PO producers continue to favour polyols production over other derivatives. This could mean until the Chinese New Year, although the outlook beyond that is unclear. There could be continued exports if the arbitrage to Asia remains open. Co-product DPG will be tighter than MPG as less is produced during the production process. No turnarounds are expected in Q1.
Demand will be strong at the start of Q1 as buyers look to restock amid supply chain concerns. Offtake into de-icer will be low as long as lockdowns remain in place and any restrictions could also curb demand for products in the downstream construction markets. Pharmaceutical grade consumption into personal care applications should be healthy. The MPG market is not expected to return to pre-coronavirus demand levels until 2022 according to ICIS analytics.
We offer the following regional Monopropylene glycol analysis and news coverage to keep you informed of factors and developments affecting prices in the Europe Monopropylene glycol marketplace.
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Mono propylene glycol (MPG), otherwise referred to as propylene glycol (PG), is a product that is used in the manufacture of high performance unsaturated polyester resins (UPR), as well as engine coolants, antifreeze applications.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Monopropylene glycol.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Monopropylene glycol. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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