Propylene glycol is a versatile chemical compound that is used in a variety of industries, including pharmaceuticals, food and beverage, cosmetics, and antifreeze. Its chemical formula is C3H8O2, and it is a clear, colorless, and odorless liquid. The price of propylene glycol per kg can vary depending on a number of factors, including market demand, production costs, and supply chain logistics.
Currently, the price of propylene glycol per kg is around $1.50 to $2.00. This price can fluctuate depending on market conditions and global economic factors. The price of propylene glycol is influenced by its demand in various industries, such as pharmaceuticals and food and beverage. As these industries grow, the demand for propylene glycol increases, which can drive up the price per kg.
Another factor that can impact the price of propylene glycol is production costs. Propylene glycol is typically produced as a byproduct of the petroleum refining process. As such, fluctuations in the price of crude oil can affect the cost of producing propylene glycol
propylene glycol price per kg.
Additionally, the cost of transportation and logistics can also impact the final price of propylene glycol per kg.
Despite the fluctuations in price, propylene glycol remains an important chemical compound with a wide range of applications. In the pharmaceutical industry, propylene glycol is commonly used as a solvent and excipient in oral, topical, and parenteral medications. Its ability to dissolve a wide range of substances makes it a valuable ingredient in pharmaceutical formulations.
In the food and beverage industry, propylene glycol is used as a humectant, solvent, and preservative. It is commonly found in a variety of products, including baked goods, salad dressings, and ice cream. Propylene glycol is also used in cosmetics and personal care products as a moisturizer and emollient.
In the automotive industry, propylene glycol is used as an antifreeze agent to prevent engine coolant from freezing in cold temperatures. Its low toxicity and high heat transfer capabilities make it an ideal ingredient in automotive antifreeze formulations.
Overall, the price of propylene glycol per kg is influenced by a variety of factors, including market demand, production costs, and supply chain logistics. Despite these fluctuations, propylene glycol remains a valuable and versatile chemical compound with a wide range of applications in various industries.