Platts proposes propylene glycol spot assessments for Europe

Platts, part of S&P Global Commodity Insights, proposes to launch weekly propylene glycols spot assessments, for Northwest Europe, effective April 25, 2025.

Under the proposal, Platts would assess Industrial Grade Monopropylene Glycol (MPGi), US Pharmaceutical/ European Pharmaceutical Grade Monopropylene Glycol (USP) and Dipropylene Glycol F (DPG F) on FCA Northwest Europe basis.

The proposed assessments would be based on the latest information sourced from the market up to the close of the assessment process, including firm bids and offers, trades and indicative values, as well as any other data deemed relevant to the assessment process.

Details of the proposed assessments are as follows:

The weekly assessments would be published on Fridays, alongside a weekly commentary, which would form part of the existing propylene oxide commentary and will appear on Platts Connect and in Olefinscan. These assessments follow a UK holiday publication schedule and in the event of a Friday holiday, they will be published one day earlier.

Pricing information for materials with other specifications and terms deviating from the abovementioned parameters may be normalized accordingly.

Please send all comments, feedback, and questions to petchems@spglobal.com and pricegroup@spglobal.com by March 7.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.