Propylene (Polymer Grade) Prices, Trends & Forecasts | Provided by Procurement Resource

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Propylene (Polymer Grade) in its latest pricing dashboard.

In the first half of 2023, polymer grade propylene prices experienced fluctuations influenced by demand from the chemical and plastics industries. The market began slowly but picked up as inventories decreased due to high demand. Prices started fluctuating upwards in the second half of the first quarter and continued to waver. Factors such as China’s market revival post-lockdown and price normalization in Europe contributed to this mixed price trend for polymer grade propylene during the period.

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Propylene (Polymer Grade) is a refined form of the chemical compound propylene. It holds significance in the production of various polymers and plastics due to its high purity and specific characteristics. This grade of propylene serves as a key ingredient in manufacturing processes within the chemical and plastics industries.

Key Details About the Propylene (Polymer Grade) Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Propylene (Polymer Grade) in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Propylene (Polymer Grade) Price Trend, including India Propylene (Polymer Grade) price, USA Propylene (Polymer Grade) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Propylene (Polymer Grade) Price Trend:

Propylene (Polymer Grade) finds crucial application across industries, primarily serving as a fundamental building block for the production of a wide array of plastics, synthetic fibers, and packaging materials. Its versatility in creating durable, lightweight, and cost-effective products make it indispensable in sectors spanning packaging, automotive, construction, textiles, and more.

Key Players:

  • 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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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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