Refinery Grade Propylene Prices
Current Prices, Historical Series and Forecasts in Several Countries
Chart Description. Intratec provides Refinery Grade (RG) Propylene prices in several countries, as follows:
Chart Instructions. Hover the mouse over the series to view the respective Refinery Grade Propylene prices plotted. You can filter a given Refinery Grade Propylene price series by clicking on the respective legend label, right above the chart.
About Refinery Grade Propylene. Propylene (a.k.a. Propene, Methyl Ethylene) has been established as a major component of the global olefins business, second only to ethylene. Having one double bond, this was the first petrochemical employed on an industrial scale, and is the second in natural abundance. 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.
Chemical Formula. C3H6
Commercial Grades. polymer grade (PG, 99.5% minimum purity); chemical grade (CG, 90-96% minimum purity); and refinery grade (RG, 50-70% minimum purity).
Uses. Propylene is a major industrial chemical intermediate that serves as building block for an array of chemical and plastic products. The Propylene market is dominated by the PG Propylene, which is mainly used in polymers production. 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.
- Ethylene + 2-butene (metathesis reaction)
- Natural gas liquids/ naphtha (stream cracking, coproduced ethylene)
- Propane (dehydrogenation)
- Methanol (MTP process, coproduced with gasoline)
- Vacuum gas oil (fluid catalytic cracking, coproduced propane, C4 fraction, C5+, naphtha, fuel oil)
To know more about Refinery Grade Propylene production processes, click here.
Derivatives. polypropylene; acrylonitrile; acrylic acid; oxo-alcohols; propylene oxide; cumene; acetone; and butanol.
Methodology. The pricing data presented are, if not otherwise indicated, volume-weighted average transaction prices including contract and spot transactions in the locations specified. The information provided is obtained from gathering and refining of trade data officially reported for the respective countries (i.e., governmental agencies, institutions related to foreign trade and industry publications). For further details check our Methodology.
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