Propylene Price History & Forecast
Historical Prices in United States, Germany, China and Brazil & Forecast
About Propylene. Propylene (also known as Propene) has been established as a major component of the global olefins business, second only to ethylene. It is mainly used in the production of polypropylene; but it is also employed in the synthesis of other chemicals, such as acrylonitrile, acrilic acid, oxo-alcohols, propylene oxide, and cumene. Propylene is majorly produced as byproduct of ethylene production, by steam cracking of hydrocarbon feedstocks, and petroleum refining.
Chart Description. The chart above presents indicative transaction prices for bulk quantities of propylene for the countries listed below.
- Brazil: export price, FOB (last month is preliminary)
- Germany: import price, CIF (recent three months are preliminary + 9-month forecast)
- United States: export price, FOB (9-month forecast)
- China: import price, CIF
The polymer grade (PG) propylene prices shown are average transaction prices, defined based on data reported in official trade statistics issued by the indicated countries. Therefore, both refinery grade (RG) and chemical grade (CG) propylene prices had to be estimated by Intratec. Such prices are indicative and do not necessarily characterize particular contract prices, spot transactions or spot bids in the locations specified. Rather, they reflect the average values practiced and are treated in order to remove outliers, in cases where significant distortions from historical tendencies are verified. Outlying prices may occur when quantities traded are small, in cases of errors in the trade statistics or price data reported, or when prices between specific countries (or companies in different countries) are differentiated.
When the release of official statistics of a given chemical is delayed, preliminary prices may also encompass estimations made by Intratec. Such estimations are based on prices fluctuations of (i) main raw materials employed in the production of that chemical; and/or (ii) main products manufactured from that chemical.
The forecast prices presented are based on estimates made by Intratec. Such estimates are derived from correlations with forecasts for (i) prices of main raw materials employed in the production of the chemical; (ii) main products manufactured from the chemical; and/or (iii) official industry/economic indexes.
Finally, prices are expressed considering the International Chamber of Commerce’s Incoterms (FOB – Free on Board; CIF – Cost, Insurance & Freight; DEL – Delivered; Ex-Works), which indicate which costs that price includes. Unless otherwise stated, prices do not include Value Added Tax (VAT). All figures are quoted in US dollars per metric ton (USD/mt).
Available Process Utilities Prices
You will have access to pricing data of the following chemical process utilities:
- Cooling Water
- Demineralized Water
- Inert Gas
- Process Water
- Natural Gas
- Steam (High Pressure)
- Steam (Medium Pressure)
- Steam (Low Pressure)
- Utility Air
Customers may cancel the subscription plan at any time, whenever they want, in a private area in our website. Upon cancelation, recurring payments are immediately interrupted.
Customer will be able to access data until the end of the billing period. Therefore, customer will not be entitled to a refund when canceling a subscription plan.
Short Term Forecast
Pro Plan Subscribers will have access to short term price forecast covering the upcoming 9 months, available for selected chemicals and regions.