Stay abreast of the regional Propylene markets that matter to you.
From pricing information to the analysis you need to understand it, ICIS coverage of regional Propylene markets is second to none.
Updated to Q4 2018
European propylene supply was lengthy during the fourth quarter largely because of the impacts of the low water levels on the Rhine on product flows for derivatives production, while a couple of issues at large consuming units added to the situation. There were some pockets where supply was tighter mainly because of the ongoing technical issues at a couple of crackers and planned maintenances and restart delays at other sites. Overall, supply lengthened throughout the quarter but showed signs of re-balancing once Rhine levels started to get back to normal in early December. Discounts – sometimes double digits – against the prevailing contract reference prices persisted for spot volumes throughout.
European propylene demand was soft during the fourth quarter. For most of the quarter this was mainly due to the logistics challenges impacting product flows in and out of derivative units in the Rhine area. Later, a weaker upstream market, the traditional year-end working capital considerations and bearish sentiment, on the back of the US-China trade war uncertainties, all had a reducing effect on demand. Despite all of this, the underlying view was that demand levels were relatively healthy.
We offer the following regional Propylene coverage to keep you informed of factors and developments affecting prices in the Europe Propylene marketplace.
Price Reporting – More information about the price reports we publish on Propylene
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Propylene
Track historical price data
News & analysis
News & Analysis – News & market analysis specifically relating to Propylene
Breaking news of latest developments affecting the markets. Insight and analysis of factors driving prices.
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Propylene is a colourless, highly flammable gas. It is produced by several routes, the most common of which is as a co-product of ethylene production from steam crackers.
The ICIS European propylene report is a benchmark report, which means the prices published are widely referenced in industry contracts. We cover the contract market, which is a monthly market, on a free delivered (FD) northwest Europe (NWE) basis.
This is an industry agreed price, meaning that key producers and key consumers can exchange price ideas and negotiate a new settlement in the last week of every month.
ICIS covers the spot market, both on the chemical grade sector and the polymer grade sector. Additionally, we cover prices on an inland basis, on a free delivered (FD) northwest European (NWE) basis and in the deep-sea market on a cost, insurance & freight (CIF) coastal basis.
Market fundamentals, such as supply-demand developments and production issues, both planned and unplanned, in the derivative markets downstream are all covered on a weekly basis in the report.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Propylene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
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