Polypropylene (PP) is one of the most versatile of the bulk polymers. The automotive and appliance sectors began to pick up, and by the end of the quarter even the weak flooring sector had seen a recovery. The price of propylene is susceptible to the pricing of the petrochemical industry. Chart images may be downloaded as JPG or PNG files*. Intratec provides Propylene pricing data, covering 13 years of historical prices and forecasts. PGP POLYMER GRADE PROPYLENE (PCW) FINANCIAL FUTURES - QUOTES Globex Globex Futures Auto Refresh Is All market data contained within the CME Group website should be considered as a reference only and ! Prolonged maintenance activities at a major producer’s unit in Q2 further capped inventories and allocations. Monitor Prices for Propylene and other 217 Commodities. GAIL Polymer Price Revision w.e.f. Ethane creates almost no propylene byproduct. You can control cookies through your browser settings. Derivatives. The PGPI showed a similar 5 percent month-over-month decrease from February to March. 17.12.2020 1) HDPE all grades Roll over 2) LLDPE Film F20S009, F18S010U, F18S020U/ EXT Coating E20AN009 & Injection I26A500U Increase by INR 2100 / MT 3) LLDPE Film Non slip F18A020U & F18A010U increase by INR 2350 / MT 4) Metallocene increase by INR 4000 / MT 5) LLDPE Roto molding & Drip increase by INR 2000 / MT Uses. Historically, Naphtha reached an all time high of US nonfuel use propylene inventories shot up for a fourth straight week, rising 505,000 bbls to 3.728 million barrels last week, the EIA said. Find out more about ICIS training courses >>. The situation was mixed as some PP production transitioned towards grades where demand was strong, wherever possible, and this was very much application driven. PP Jan-Nov imports to Ukraine up by 1% year on year, OUTLOOK ‘21: ‘All systems go’ for big bounce in global Although this started slowly, converters have gradually increased their production outputs and now most are running at 100%. Methodology. Free Delivery. Being a byproduct in ethylene production, propene’s development and expansion grew tremendously since 1965, due to ethylene's success as a chemical building block. Find out more about ICIS pricing reports >>. Insight and analysis of factors driving prices. Read more…. The months at the end of summer and leading into winter are the high season for fibre production. A combination of bulk phase tubular and gas phase reactors has become a popular process. The August settlement puts contract prices for polymer-grade propylene (PGP) at 61.0 cents/lb ($1,345/tonne) and for chemical-grade propylene at 59.5 cents/lb. On a year-over-year basis, the data showed petrochemical prices last month were down 9 percent from the April 2012 average price of $1,444 per metric ton. Find out more about ICIS consulting expertise in China >>. See a sample below or register for free to see much more. Chart: Graphical representation of the data – you must hover the mouse over the price series to view the respective values plotted. Find out more about ICIS chemicals forecast reports >>, Find out more about ICIS fertilizers forecast reports >>. Historical & Forecast Data in Several Countries. Price forecasts (upcoming 9 months) available only to subscribers of the 'Pro' or 'Business' plans. There were also production outages in the Middle East and Europe that reduced supply. Views. Polypropylene news and market information products from ICIS We offer the following regional Polypropylene analysis and news coverage to keep you informed of factors and developments affecting prices in the Polypropylene marketplace. ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. However, a disadvantage of this polymer is its brittleness at low temperatures. We offer the following regional Polypropylene analysis and news coverage to keep you informed of factors and developments affecting prices in the Polypropylene marketplace. A major source of propylene is naphtha ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts. The price was at $418/ton in 2005 and $389/ton in 2014. Propene, Methyl Ethylene) has been established as a major component of the global olefins business, second only to ethylene. Propane and butane, however, do. Downstream demand in China was relatively healthy in the third quarter, even though converters were reluctant to stock up given ample availability, with new capacities expected to come on stream in H2 2020. MOSCOW (MRC)--Polypropylene (PP) imports into Ukraine totalled slightly over 124,400 tonnes in the first 11 months of 2020, up by only 1% year on year. Spot polymer-grade propylene (PGP) prices dipped early in January from 31 cents per pound to 29 cents and then stayed in a tidy band of 29-30.25 cents until early March. Order online or call 800-658-7716. Other types of reports we cover for Polypropylene, Use margin reports to assess the profitability of commodities, News & analysis Outages in US markets caused by hurricanes eliminated material exports in September. Reports focused on Propylene production processes, presenting key process information, process flow diagrams, capital and operating costs. Data tables may be downloaded as non-printable PDF* or Excel files**. Buy by the Gallon or by the Drum. Forecast reports looking forward a year and 12-month rolling series reports are also compiled for Asia, Europe and the US. Copper, chemical symbol Cu, is a shiny, red-orange metal that has a wide range of applications. Figure 1 PROPYLENE CONTRACT PRICES, JANUARY 2005 - OCTOBER 2013 (in U.S. dollars per metric ton) PRICE DYNAMICS OF PROPYLENE & ETHYLENE 209 … Sources described supply as balanced-to-tight or balanced-to-long depending on their position. ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. Final: Calculations done utilizing official statistics. PP has key applications in packaging, fibres and automotive parts. Indexes for adjusting the construction cost of Propylene plants from one time period to another, covering 36 countries. Raffia has recovered at a slower pace and is still lagging behind fibre in terms of demand. The propylene yield of a steam cracker varies depending on what raw material is being used. The Propylene market is dominated by the PG Propylene, which is mainly used in polymers production. Data may be presented in the following formats: (*) Available only to subscribers of 'Pro' or 'Business' plans. Low prices in Europe meant there was little spot PP availability and most imports were of the structural kind for contracted business from regular importers. PP demand rose in Q3 as overall manufacturing activity rose. (**) Available only to subscribers of 'Business' plans. The CAGR for the period 2014-2020 is 5.1%. Many suppliers cut their allocations to Africa, to better service the Chinese market. Polypropylene was first produced in a slurry process using Ziegler-Natta catalysts. This high-value news and analysis is an essential business tool to assist market players when making crucial decisions. Order online or call 800-658-7716. Uptake in the food, medical use and hygiene packaging segments was robust, with strong lifting in demand for disposable masks, sheets and single-use food packaging items seen. There are also weekly margin reports in Asia, China, Europe and the US assessing a short-term three-month view and longer-range view. Instead, demand grew steadily from a low base as lockdown restrictions were eased and local and export markets were opened up. All Rights Reserved. Overall demand was still lower than last year. Year-to-date consumption remains a few percentage points below 2019 while year-on-year demand had mostly returned to pre-crisis levels by the end of Q3. Our Commodity Price Database present: Formats. Southeast Asia saw weaker demand relative to China. 5128 items found for propylene glycol. polypropylene; acrylonitrile; acrylic acid; oxo-alcohols; propylene oxide; cumene; acetone; and butanol. Supply continued to increase in China, with relatively limited turnarounds scheduled in the quarter. chemicals M&A, OUTLOOK ’21: Europe PE and PP tightness to ease on new supply, PP imports to Belarus up by 6% in Jan-Oct year on year, Please find more information on the cookies used on our site here, More information about the price reports we publish on Polypropylene, You might also be interested in the information we publish on these related products, Market commentary on trends and developments. Commercial Grades. Propylene Market Report and Price Trend Propylene Highlights from 07 Dec,2020 - 18 Dec,2020 During the last fortnight, Propylene prices moved down in Asia due to dull demand trends in the region. Polypropylene (PP) is a colourless, translucent to transparent solid with a glossy surface. During oil refining, ethylene, Propylene, and other compounds are produced as a result of cracking larger hydrocarbons. Prices from $7 per gallon. First we need to get more precise with our yields. You can filter a given series by clicking on the respective legend label, right above the chart. The prices show volatility from 2005 – 2020. Downstream consumption remained slow, as concerns of a potential second wave of the pandemic dampened sentiment. Forecast: Estimates of what Intratec considers to be the most probable scenario for the upcoming months, as of the date such forecasts are updated. Availability fluctuated through the quarter. 99.7% Glycerin. •Propylene demand growth could get a boost if oversupply of propylene and propylene derivatives significantly weakens prices •Abundance of North America NGL’s will provide a mixed impact on propylene supply •On-purpose will Reductions occurred in Chile and Argentina where lockdowns have been more restrictive. Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans. Price benchmarks for polymers in key markets around the world Barely a fortnight after a major Taiwanese producer hiked January offers by $70/ton to $1290/ton CIF India, fresh import offers into the country are being heard as high September proved to be weak as buyers had some stock. View detailed Import data, price, monthly trends, major importing countries, major ports of propylene oxideDate HS Code Description Origin Country Port of Discharge Unit Quantity Value (INR) Per Unit (INR) Nov 21 2016 29109000 ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions. This statistic shows the price of polypropylene in the United States from 2005 to 2014, with forecasted figures for 2015 to 2020. Monthly advisories and detailed reports on petrochemicals market in India. An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Data Status. Propylene (a.k.a. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively. polymer grade (PG, 99.5% minimum purity); chemical grade (CG, 90-96% minimum purity); and refinery grade (RG, 50-70% minimum purity). Its intrinsic properties of high stiffness, good tensile strength, good processability and inertness towards acid polypropylene; acrylonitrile; acrylic acid; oxo-alcohols; propylene oxide; cumene; acetone; and butanol. Price reports are published from Africa, Asia, southeast Asia, Middle East, China, CIS, Europe, Turkey, US and Latin America. Propylene Price Decline in Q1 2020 Propylene has been a different story. The following types of data are available in the chart: About Propylene. It has improved impact strength, a higher softening point, lower density, better stress cracking and more scratch resistance than other polyolefins. Asia Chemical15 0.5 0.7 Bulk phase technologies were then developed while higher activity catalysts enabled gas phase processes to be used. Read more…, The ICIS Polypropylene (PP) USA price forecast report is a monthly publication that can be accessed via the Dashboard. RG Propylene, which is obtained from refinery processes, is used in liquefied petroleum gas (LPG) for thermal purposes or as an octane-enhancing component in motor gasoline. Breaking news of latest developments affecting the markets. Propylene (a.k.a. On the basis of the current market price per ton of ethylene oxide and the corresponding quantity of hydrogen produced at the cathode, we determined that for a current density of 300 mA/cm 2, the minimum energy efficiency This highly targeted digital forum offers you AI-powered contact-matched networking, instant new business connections, and access to industry leaders and thought leadership commentary to help navigate through these unprecedented times. Supply dropped further in Q3 as feedstock propylene availability was reduced amid lower refinery utilisation rates resulting from low transportation fuel demand due to the pandemic. polymer grade (PG, 99.5% minimum purity); chemical grade (CG, 90-96% minimum purity); and refinery grade (RG, 50-70% minimum purity). Last week the price of ethylene dropped from the low 50s per pound down to the low 40s. ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach. Petro India's largest hub for exclusive news, analyses and data on the This resulted in very limited availability, especially for spot material. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway. RG Propylene, which is obtained from refinery processes, is used in liquefied petroleum gas (LPG) for thermal purposes or as an octane-enhancing component in motor gasoline. Allocations to Turkey were cut and Iranian sellers largely abandoned the market until September. PPE production drove demand early in the quarter, although packaging and homeware caught up. 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