Pricing and Markets
February 16, 2021
Tosoh Raises MDI Prices in North America
February 15, 2021
Tosoh to Increase Prices for Millionate MDI Grades
Tosoh Specialty Chemicals USA, Inc. is increasing its prices for Millionate MDI Grades in North America. Effective March 1, 2021 or as contract terms allow, TSCU will increase the prices of Millionate MDI grades by $0.35/kg.
Millionate MDI is widely used in the production of rigid, semi-rigid, and integral skin foams, as well as coatings, adhesives and elastomers.
February 12, 2021
Lyondell Raises Glycol Prices
February 12, 2021
Subject: Lyondell Chemical Company; Propylene Glycol Price Increase
Dear Valued Customer,
Effective March 1, 2021 or as contracts allow, Lyondell Chemical Company (“Lyondell”) is increasing off list prices for all grades of Propylene Glycol in North America and South America per the following:
Propylene Glycol Industrial Grade (PGI) $0.20/lb
Propylene Glycol USP/EP Grade (PG USP/EP) $0.20/lb
Di-Propylene Glycol Industrial Grade (DPGI) $0.22/lb
Di-Propylene Glycol Fragrance Grade (DPGF) $0.22/lb
Tri-Propylene Glycol (TPG) $0.24/lb
Tri-Propylene Glycol Acrylate Grade (TPGA) $0.24/lb
This price increase is in addition to the previous price increase of $0.04/lb for all Propylene Glycol grades, effective February 15, 2021, announced by Lyondell.
Our acceptance of orders submitted prior to the increase date will be subject to our ability to supply. We appreciate the confidence you have placed in us as a supplier, and we look forward to our continuing business relationship. As always, your account manager is available to work
with you or answer any questions you may have.
February 12, 2021
Lyondell Raises Glycol Prices
February 12, 2021
Subject: Lyondell Chemical Company; Propylene Glycol Price Increase
Dear Valued Customer,
Effective March 1, 2021 or as contracts allow, Lyondell Chemical Company (“Lyondell”) is increasing off list prices for all grades of Propylene Glycol in North America and South America per the following:
Propylene Glycol Industrial Grade (PGI) $0.20/lb
Propylene Glycol USP/EP Grade (PG USP/EP) $0.20/lb
Di-Propylene Glycol Industrial Grade (DPGI) $0.22/lb
Di-Propylene Glycol Fragrance Grade (DPGF) $0.22/lb
Tri-Propylene Glycol (TPG) $0.24/lb
Tri-Propylene Glycol Acrylate Grade (TPGA) $0.24/lb
This price increase is in addition to the previous price increase of $0.04/lb for all Propylene Glycol grades, effective February 15, 2021, announced by Lyondell.
Our acceptance of orders submitted prior to the increase date will be subject to our ability to supply. We appreciate the confidence you have placed in us as a supplier, and we look forward to our continuing business relationship. As always, your account manager is available to work
with you or answer any questions you may have.
February 12, 2021
Trying to Understand the Propylene Situation
PODCAST: US propylene near record highs, PP demand strong
Author: Michael Sims
2021/02/10
HOUSTON (ICIS)–With US spot propylene prices close to record highs due to low inventories, limited production and strong demand, one of its largest downstream uses, polypropylene (PP), is also facing strong demand.
Low refinery utilisation and plant outages are limiting production, while inventories have been low for months. This, combined with strong demand for PP, has resulted in prolonged market tightness.
PP demand remains strong amid an expansion in US manufacturing activity and stronger demand for durable consumer goods.
Demand for packaging and fibre applications has been strong since the start of the pandemic while demand for durable consumer goods applications such as automobiles and appliances has been picking up in recent months.
Propylene expert Michael Sims and PP expert Zachary Moore discuss this and more in the first podcast interview in the propylene series by Anna Matherne and Alex Snodgrass.
Listen to the podcast here:
https://www.podomatic.com/embed/html5/episode/9957722?style=normal&autoplay=false
February 12, 2021
Trying to Understand the Propylene Situation
PODCAST: US propylene near record highs, PP demand strong
Author: Michael Sims
2021/02/10
HOUSTON (ICIS)–With US spot propylene prices close to record highs due to low inventories, limited production and strong demand, one of its largest downstream uses, polypropylene (PP), is also facing strong demand.
Low refinery utilisation and plant outages are limiting production, while inventories have been low for months. This, combined with strong demand for PP, has resulted in prolonged market tightness.
PP demand remains strong amid an expansion in US manufacturing activity and stronger demand for durable consumer goods.
Demand for packaging and fibre applications has been strong since the start of the pandemic while demand for durable consumer goods applications such as automobiles and appliances has been picking up in recent months.
Propylene expert Michael Sims and PP expert Zachary Moore discuss this and more in the first podcast interview in the propylene series by Anna Matherne and Alex Snodgrass.
Listen to the podcast here:
https://www.podomatic.com/embed/html5/episode/9957722?style=normal&autoplay=false
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