propylene carbonate Pricing Assessment

Markets Covered:

China

Vietnam

Turkey

India

Propylene Carbonate Price Trend, Analysis and Forecast

As of August 2024, propylene carbonate prices are experiencing moderate fluctuations, averaging around $840 per metric ton FOB China. This marks a 3% decrease from the previous month, reflecting rising demand across various industrial sectors. In Q1 and Q2 2024, the market faced challenges due to limited supply from key production regions, particularly in Asia. Furthermore, logistical disruptions in the South China Sea, triggered by ongoing geopolitical tensions, have caused delays in the global supply chain.

In Q3 2024, the propylene carbonate market continues to be influenced by regional demand surges, especially in the APAC region. In China, demand has risen by 6% year-on-year, driven by its expanding electronics and battery manufacturing sectors. Propylene carbonate is used extensively as a solvent in lithium-ion battery production, a market that has grown as electric vehicle (EV) adoption accelerates. Vietnam has seen a 4% year-on-year increase in propylene carbonate consumption, driven by growth in its pharmaceutical and cosmetics industries, where the compound is a key ingredient in formulations.

Looking ahead to Q4 2024 and beyond, the propylene carbonate market is expected to remain tight in APAC due to strong demand from both the automotive and electronics industries, which are projected to continue expanding. In China, the government’s push towards renewable energy and EV infrastructure is expected to further drive-up consumption, especially as battery production ramps up. In India, the market may see some relief as new domestic production facilities come online in late 2024, potentially easing supply pressures. However, the market remains sensitive to fluctuations in raw material prices, including the cost of propylene, which constitutes a significant portion of production costs.

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is your trusted resource for tracking global propylene carbonate price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the propylene carbonate market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence propylene carbonate prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely propylene carbonate market data.

Track 's propylene carbonate price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in propylene carbonate prices

China-U.S. Trade War (2018-2019): Tariffs on chemicals and raw materials caused price volatility and disrupted supply chains for propylene carbonate in the APAC region.

COVID-19 Pandemic (2020): While demand for industrial solvents initially dropped, a surge in the production of disinfectants and personal protective equipment (PPE) led to a temporary price spike.
Geopolitical Tensions (2021-Present): The ongoing tensions in the South China Sea and the U.S.-China trade relations have occasionally disrupted production and shipment, driving up transportation and raw material costs.
China’s Environmental Regulations (2019-Present): Stricter environmental policies in China have led to temporary shutdowns and capacity reductions, particularly in the chemical manufacturing sector.
Surge in EV Production (2020-Present): With the rise in electric vehicle production, demand for propylene carbonate has increased due to its use in battery production, pushing prices higher in APAC.
Typhoon Disruptions (2020-2021): Severe weather events in Southeast Asia disrupted chemical production, leading to short-term price fluctuations.

These events highlight the volatility of the propylene carbonate market and emphasize the need for constant monitoring of regional demand, geopolitical factors, and raw material prices to anticipate future price trends.

Methodology and Specifications

propylene carbonate Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a wide range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures our assessments reflect the most current market conditions for propylene carbonate.

On-the-Ground Intelligence: Our team collects insights directly from key market participants, including producers, suppliers, traders, and end-users across major propylene carbonate production hubs. This on-the-ground intelligence is essential for understanding localized market dynamics and identifying emerging trends.

Supply Chain Monitoring: We track the entire propylene carbonate supply chain, from raw material availability (e.g., propylene oxide) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics to provide a comprehensive picture of the market.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts, trade disputes, or regional instability, which can directly influence propylene carbonate prices. Our analysis assesses the potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We evaluate the impact of natural disasters, such as floods, hurricanes, or severe weather events, on propylene carbonate production facilities, particularly in regions with high production capacity. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: tracks global economic trends, including economic growth, inflation rates, and sector-specific demand (e.g., automotive, electronics, coatings). These factors help us predict shifts in propylene carbonate demand and the corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain an extensive database of global propylene carbonate production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to accurately assess the current supply availability of propylene carbonate.

Future Capacity Projections: Our research includes detailed forecasts of upcoming propylene carbonate production capacities, considering new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential market stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors such as automotive, electronics, personal care, and coatings. We track year-on-year demand growth and project future consumption patterns based on global economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and their impact on global propylene carbonate pricing. We monitor how shifts in manufacturing bases, trade policies, and environmental regulations influence pricing and demand.

Pricing Model Development

Dynamic Pricing Models: employs advanced econometric models to forecast propylene carbonate prices, integrating real-time data, historical trends, and projected market conditions. These models are continuously refined to improve predictive accuracy and pricing foresight.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions, including best-case, worst-case, and most likely scenarios. This helps our clients prepare for a range of market outcomes, from supply shortages to sudden price spikes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth market driver analysis. These reports are designed to be actionable, offering clear insights and recommendations tailored to your business needs.

Ongoing Support: provides continuous updates and personalized support to clients, ensuring access to the most up-to-date information for informed decision-making. Our experts are always available to discuss specific market developments and provide tailored advice based on evolving trends.

This research methodology ensures that delivers the most accurate, timely, and actionable propylene carbonate pricing assessments, enabling our clients to stay ahead of market trends and make well-informed business decisions.

Specifications

Molecular Weight[g/mol]

102.09

CAS No

108-32-7

HS Code

29329900

Molecular Formula

C4H6O3

propylene carbonate

Product Description: Propylene Carbonate is a versatile, colourless, and odourless liquid with a high polarity, making it an effective solvent in a wide range of industrial applications. It is commonly used as a solvent in paints, coatings, and adhesives due to its ability to dissolve both organic and inorganic compounds. In the electronics and automotive industries, Propylene Carbonate is used in the production of lithium-ion batteries and supercapacitors as a key component of electrolyte solutions. Additionally, it serves as a solvent in the production of pharmaceuticals, cosmetics, and in cleaning agents. Propylene Carbonate is an eco-friendly alternative to more hazardous solvents, making it a preferred choice for environmentally conscious formulations.

Packaging Type

Drum (250 kg)

Grades Covered

Industrial Grade Purity:>99.5%

Incoterms Used

FOB China, CIF India, CIF Vietnam, CIF Turkey.

Synonym

1,2-Propylene Carbonate

Quotation Terms:

25-28 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property

Specification

Appearance

Clear to pale yellow liquid

Purity

≥99.7%

Water

≤0.02%

Specific Gravity @20/20°C

1.203-1.210

Viscosity (CPS) @ 25°C (77°F)

2.4

Distillation @ 760mm, Hg IBP, min

195°C

Density (pounds per gallon) at 20°C (68°F)

10.0

Flash Point GT (SETA) °F

275°

Applications

Propylene Carbonate is primarily used as a solvent in various applications, including in the manufacture of paints, coatings, adhesives, and cleaning agents. It is also utilized in the production of lithium-ion batteries, where it acts as a solvent in electrolyte solutions. Additionally, Propylene Carbonate is used in the pharmaceutical industry as a solvent for drugs, in the cosmetics industry for formulations, and in industrial cleaning processes. Its high dielectric constant makes it useful in electrochemical applications, and it is also a key ingredient in some chemical synthesis processes.

Disclaimer

Propylene Carbonate price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for propylene carbonate. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What are the key factors affecting Propylene Carbonate prices in the market? +

The pricing of Propylene Carbonate is influenced by several key factors, including the cost of propylene oxide, which is a primary raw material in its production. Additionally, fluctuations in global supply and demand for industries such as batteries (especially lithium-ion batteries), solvents, coatings, and personal care products play a significant role. Changes in crude oil prices and energy costs can also impact production expenses. Moreover, trade tariffs, regulatory changes, environmental standards, and logistical costs are external elements that contribute to variability in Propylene Carbonate pricing.

How does regional production impact Propylene Carbonate pricing? +

Regional production can have a substantial effect on Propylene Carbonate pricing. Regions with strong local production capabilities, such as Asia-Pacific, often have more competitive pricing due to proximity to raw material sources and lower transportation costs. In contrast, regions that rely heavily on imports, such as North America or Europe, may experience higher costs due to shipping fees, import duties, and potential supply chain disruptions. Local demand, especially from industries like battery manufacturing and cleaning products, can also impact pricing trends regionally.

What is the latest trend in Propylene Carbonate pricing, and how can I secure better rates? +

The latest trend in Propylene Carbonate pricing has been influenced by the increasing demand in sectors like energy storage (for lithium-ion batteries) and the expansion of the green energy market. As raw material costs fluctuate, along with global supply chain disruptions, prices have seen upward pressure. To secure better rates, buyers can consider entering into long-term contracts with suppliers, monitoring fluctuations in propylene oxide prices, and exploring bulk purchasing options. Staying informed about industry-specific demand trends, particularly in battery technology and sustainable energy, can also help in securing competitive pricing.