Propylene Oxide Prices, News, Demand and Supply | ChemAnalyst

1. Propylene Oxide Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ 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 China’s 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 Hongbaoli’s 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.

2. Propylene Oxide Prices Overview E-mail : info@chemanalyst.com | website : 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 addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

3. Propylene Oxide Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Methodology ChemAnalyst 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 company’s 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. gathers information through primary research surveys 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 industry’s 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, and region-wise demand pattern is tracked. for Propylene Oxide are analyzed region-specific markets

4. Propylene Oxide Prices Overview E-mail : info@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, innovating technologies to utilize Hydrogen Peroxide for producing Propylene Oxide. various companies are