Propylene Oxide (PO) Prices, News, Market & Analysis | ChemAnalyst

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Propylene Oxide Prices Overview
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Market Overview Asia   Producers were heard
re-examining their spot and contractual sales
amidst the astonishing drop in overall Propylene
Oxide supplies due to scheduled maintenance and
upcoming turnarounds at several manufacturing
facilities. Sturdy demand for Polyols also
directed some of the integrated PO producers to
adhere a shift to Polyol production rather than
selling Propylene Oxide directly. As Chinas
furniture and home furnishing segment entered
into the peak demand season after observing 16.4
percent hike in July, demand for downstream
Polyols rallied upward in September. Supply
tightness rose as several Shandong-base PO plants
underwent sudden environmental checking
compelling them to reduce their production rates.
With scheduled maintenance turnaround of Nanjing
Hongbaolis Hydrogen-peroxide Propylene Oxide
from August end to late September, overall
operating rates of PO plants in China prominently
reduced to 77 per cent by the quarter end. Spot
prices of PO in China previously hovering at USD
2350 per MT, touched USD 2400 per MT by September
end. For more info https//www.chemanalyst.com/
Pricing-data/propylene-oxide-58   North
America   Strong revival in downstream Polyol
demand positively affected the market sentiments
of Propylene Oxide (PO) in North America. An
abrupt mismatch due to limited production and
unexpected rebound in downstream demand widened
the demand and supply gap for its derivatives in
the market. In line with the steep inclination in
demand patterns, prices of Propylene Oxide in the
region saw a quick pickup by September. With
force majeures declared on several production
units on the Gulf coast amidst fears of Hurricane
Laura, the overall supply of Propylene Oxide in
the region tightened leading to further increase
in its average prices for the quarter.  
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Propylene Oxide Prices Overview
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www.chemanalyst.com/
Europe   With appreciable revival in demand from
the downstream segments, local Propylene Oxide
(PO) producers were observed increasing their
operating rates in quarter ending September.
Tightened supply in the global market directly
affected the market fundamentals of Propylene
Oxide in Europe leading to low inventory levels
amidst substantial demand for the downstream
Polyols. Although offtakes from the downstream
Mono-propylene Glycol (MPG) and Polyethylene
Glycol (PEG) segments remained low but it laid a
minute impact on the overall supply fundamentals
which are already rallying upwards on strong
Polyol demand. How we can help ChemAnalyst
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Propylene Oxide Prices Overview
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Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Propylene Oxide manufacturers, spread
across the domestic and international market,
suppliers and dealers/distributors to gain
insights into value-chains and demand-supply
scenario to assess the market situation. Thorough
study of companys annual reports and secondary
sources such as exhaustive search on credible
paid databases, including our internal database
is done to verify the information. All the
collected information is analyzed, evaluated and
presented in chronological order to depict a
meaningful and clear picture of the concerned
market.   Our dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Propylene Oxide market. The
team analyzes various industrial segments,
strategic viewpoints and provides an analysis of
the industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility.   Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe.   Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence Global
Propylene Oxide market.   Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on monthly and yearly
basis.   Finally, region-specific markets for
Propylene Oxide are analyzed and region-wise
demand pattern is tracked.
4
Propylene Oxide Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
About Propylene Oxide (PO) is colorless,
reactive compound belonging to the epoxide
product family. PO is primarily utilized in
manufacturing of polypropylene glycol and
polyether polyols. In addition, the product is
also used to produce glycol ethers and
dipropylene glycol along with the manufacturing
of surfactants, lubricants and oil demulsifiers.
Propylene Oxide was traditionally produced by the
epoxidation and chlorohydrin routes. Nowadays,
advanced technologies based on Cumene
Hydroperoxide and Hydrogen Peroxide routes are
now being commercialized. Despite of its high
production cost and need of heavy effluent
treatment system, majority of the plants are
still operating under chlorohydrin process.
Presently, companies are focusing to develop new
production technologies that prevent the release
of co-products which require extensive treatment
in line with a new cumene hydro peroxidation
technology. Furthermore, various companies are
innovating technologies to utilize Hydrogen
Peroxide for producing Propylene Oxide.