Chemicals, Olefins, Solvents & Intermediates

March 13, 2025

Platts to launch propylene glycol spot assessments for Europe

HIGHLIGHTS

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

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

The assessments were first proposed in a subscriber note published Feb. 21 and available here(opens in a new tab).

The assessments will be based on the latest information sourced from the market up to the close of the assessment process at 16:30 UK time on Fridays, including firm bids and offers, trades and indicative values, as well as any other data deemed relevant to the assessment process.

Details of the assessments are as follows:

Product Monopropylene Glycol Industrial Grade Monopropylene Glycol USP/EP Grade Dipropylene Glycol Fragrance Grade
Laycan Delivery 3-30 days forward Delivery 3-30 days forward Delivery 3-30 days forward
Basis and location FCA NWE FCA NWE FCA NWE
Cargo size 24 -100 mt 24 -100 mt 24 -100 mt
UOM Eur/mt Eur/mt Eur/mt
Product specification 99.5% purity 99.7% purity 99.7% purity
Timestamp 16:30 London 16:30 London 16:30 London

The weekly assessments will be published on Fridays, alongside a weekly commentary, which forms part of the existing propylene oxide commentary and will appear on Platts Connect and in Platts Olefinscan.

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.

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.