Propylene(Polymer Grade) Price Trends
Procurement Resource provides latest prices of Propylene (Polymer Grade). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Propylene (Polymer Grade) for several regions around the globe, which are as follows:
- North America
- South America
- Asia Pacific
- Middle East
Propylene is one of the oldest petrochemical feedstocks in the gas industry. Propylene (Polymer Grade) is primarily utilised in the production of cumene, propylene oxide and acrylic acid. The three grades of propylene include polymer, refinery and chemical, where polymer grade comes with a minimum purity of 99.5%. Propylene is also one of the smallest stable unsaturated hydrocarbon molecules utilised in the gas industry. This grade nearly accounts for two-thirds of global propylene consumption and is further used to produce acrylonitrile (ACN).
Chemical Formula of Propylene (Polymer Grade):
- Polypropylene plastics
- Injection mouldings and fibres
- Manufacturing of cumene
- Manufacturing of alcohols
- Manufacturing of propylene oxide
- Manufacturing of acrylic acid
- Production of Propylene (Polymer Grade) during Ethylene Production via the Steam Cracking of Hydrocarbon Feedstocks; and as a by-product via Petroleum Refining.
During ethylene production, the Propylene (Polymer Grade) molecule is produced as a co-product during the steam cracking (steam pyrolysis) of hydrocarbon feedstocks. These hydrocarbon feedstocks include a wide range of products like ethane, naphtha and gas oils. Moreover, Propylene (Polymer Grade) can also be produced through petroleum refining process as a by-product.
- Chevron Phillips Chemical Company
- Mangalore Refinery & Petrochemicals Ltd
- Flint Hills Resources, LLC
- Petkim Petrokimya Holding A.S
- Rompetrol Rafinare SA (Company of The KMG International Group)
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).