# Propylene Oxide Prices in Asia Rise Amid Force Majeure by Major Player

> Asian propylene oxide prices rose from $2,976 per tonne in July to $3,205 in the first week of August and $3,434 in the last week. The increase followed Dow's force majeure declaration, which cut its supply of the upstream raw material propylene.

- Date: 2021-08-26 · published 2021-08-26T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/8774-propylene-oxide-prices-in-asia-rise-amid-force-majeure-by-major-player
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

The force majeure tightens supply of a petrochemical intermediate used in polyols and polyurethanes, lifting derivative prices in the short term. It has no direct effect on feed ingredient supply or prices.

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/propylene-oxide-prices-in-asia-rise-amid-force-majeure-by-major-player-7691

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.