For the Quarter Ending September 2025
North America
鈥� In United States, the Polypropylene Glycol Price Index remained stable in Q3 2025, influenced by eased propylene prices.
鈥� Production costs faced upward pressure from a 2.6% year-over-year PPI increase in August 2025.
鈥� Demand was supported by a 5.42% year-over-year retail sales increase in September 2025, boosting consumer applications.
鈥� Industrial production increased only 0.1% year-over-year in September 2025, indicating weak industrial demand.
鈥� Propylene prices eased year-on-year in Q3 2025, contributing to stable feedstock costs for production.
鈥� US new-car sales picked up in Q3 2025, but light-vehicle output tracked below prior year levels.
鈥� Residential construction spending inched up in August 2025, yet privately-owned housing starts softened.
鈥� The 3.0% year-over-year CPI increase in September 2025 suggested general inflation, impacting consumer purchasing power.
鈥� Consumer confidence declined to 94.2 in September 2025, potentially dampening discretionary spending.
鈥� The 4.3% unemployment rate in September 2025 indicated a healthy labor market, supporting economic activity.
Why did the price of Polypropylene Glycol change in September 2025 in North America?
鈥� Eased propylene prices year-on-year in Q3 2025 reduced feedstock costs for Polypropylene Glycol.
鈥� A 2.6% year-over-year PPI increase in August 2025 indicated rising input costs for manufacturers.
鈥� Mixed demand signals from strong retail sales and weak industrial production contributed to stability.
APAC
鈥� In China, Polypropylene Glycol prices fell in Q3 2025, influenced by weak industrial demand and softening feedstock costs.
鈥� Polypropylene Glycol production costs decreased in Q3 2025 due to softening propylene and propane feedstock prices.
鈥� Global Polypropylene Glycol demand softened in Q3 2025, despite a 3.0% year-over-year increase in retail sales in September 2025.
鈥� China's Manufacturing Index contracted in September 2025, indicating a slowdown in overall industrial activity.
鈥� Consumer confidence remained low at 89.6 in September 2025, suggesting cautious spending impacting discretionary purchases.
鈥� Industrial production grew 6.5% year-over-year in September 2025, providing underlying support for raw material demand.
鈥� Propylene supply became plentiful from September 2025, contributing to lengthening supply and market overcapacity.
鈥� Global Polypropylene Glycol markets experienced inventory destocking in Q3 2025 amid overall chemical overcapacity.
鈥� Manufacturing input prices remained elevated in September 2025, despite a -2.3% year-over-year decline in PPI.
Why did the price of Polypropylene Glycol change in September 2025 in APAC?
鈥� Weak industrial demand, with PPI falling -2.3% year-over-year in September 2025, pressured prices.
鈥� Softening propylene feedstock costs in Q3 2025 reduced production expenses, contributing to price declines.
鈥� Global Polypropylene Glycol markets experienced inventory destocking and lengthening supply, impacting price stability.
Europe
鈥� In Germany, Polypropylene Glycol Price Index declined in Q3 2025, influenced by softened feedstock costs.
鈥� Polypropylene Glycol production costs decreased in Q3 2025 as propylene and naphtha costs softened.
鈥� Demand for Polypropylene Glycol weakened in Q3 2025 due to automotive and construction sector contractions.
鈥� Germany's industrial production declined 1.0% in September 2025, impacting Polypropylene Glycol demand.
鈥� The Manufacturing Index was contracting in Q3 2025, signaling a slowdown in industrial activity.
鈥� Producer prices (PPI) fell 1.7% in September 2025, driven by lower energy costs.
鈥� Consumer Price Index (CPI) rose 2.4% in September 2025, suggesting rising input costs.
鈥� Retail sales rose 0.2% in September 2025; unemployment remained stable at 6.3%.
鈥� European propylene oxide supply was influenced by lessened global pressures and disciplined tactics.
鈥� German chemical exports weakened in Q3 2025, contributing to the industry's overall slump.
Why did the price of Polypropylene Glycol change in September 2025 in Europe?
鈥� Propylene and naphtha feedstock costs softened in Q3 2025, reducing production expenses.
鈥� Industrial production declined 1.0% in September 2025, weakening Polypropylene Glycol demand.
鈥� The Manufacturing Index was contracting in Q3 2025, signaling reduced industrial activity.
For the Quarter Ending June 2022
North America
The upstream raw material propylene oxide price decreased throughout the second quarter in the North American region. The polypropylene Glycol price declined due to the region's reduced raw materials. The upstream propylene polymer grade price decreased throughout the quarter due to poor demand from the downstream industries and less buying trend in the region.
The naphtha price was reduced, and a sufficient supply of raw material to meet the ongoing demand from the downstream derivative industries further reduced the price of Polypropylene Glycol in the region. Reduction in operational cost also supported to curb of the price of downstream industries in the second quarter.
Asia Pacific
In the Asia region, the Polypropylene Glycol prices showed a downward trajectory in the regional market throughout the second quarter. The upstream raw materials propylene oxide persistently decreased owing to the less demand from the downstream polymer end-users industries in the region. The cost pressure from upstream raw materials was weak in the regional market. The feedstock consumption was stable and sufficient inventories of raw materials to reciprocate the overall demand, which caused the smooth supply of Polypropylene Glycol and prices, were decreased in the region. Due to another outbreak, covid-19 restricted the market movement to some extent, contributing to the price decline in the Chinese market.
Europe
In the second quarter of 2022, Polypropylene Glycol prices were observed to plunge in the European market. In April, the upstream propylene witnessed an upward trajectory. At the end of April, the price fell for the rest of the quarter due to the poor demand from downstream derivatives like Polypropylene Glycol, polyurethane, etc. A sufficient supply of raw materials further reduced Polypropylene Glycol's price. Polypropylene Glycol prices fell across Europe due to fewer buying sentiments from end-user industries. The cost pressure from upstream propylene oxide prices was reduced across the region, lowering downstream industry prices.
For the Quarter Ending December 2021
North America
Because of robust upstream propylene oxide and propylene, as well as exploding upstream crude oil prices, the Propylene Glycol market in North America showcased a soaring price pattern in October. Force majeure in numerous US facilities as a result of the Ida hurricane's destruction has widened the country's supply shortfall. In November, however, the manufacturers were able to see some respite due to the refiling of crude oil inventories through the coordinated release of strategic reserves and the recovery of hurricane-affected plant activities. In addition, market remained tight for upstream propylene supply due to curtailed operations post witnessing an explosion in ExxonMobil鈥檚 facility based in Baytown, that led to a steep rise in prices of Upstream chemicals including Propylene in the country during this period.
Asia
Several factors bolstered the overall uptrend in pricing dynamics for Polypropylene Glycol in the Asian market during Q4 2021. As a result of rising raw material costs, constrained supply, and high freight expenses, feedstock Propylene Glycol prices in the Asian Market hit their highest level of the year in October. Price shocks also occurred in China as a result of the Chinese government's "Dual Control Policy" for energy rationing, which prompted manufacturers to cut their operating rates in their facilities. Despite still strong pharma sector demand, average Polypropylene Glycol prices fell in November as supply chain issues eased, allowing upstream propylene oxide to reach its destination.
Europe
Throughout the fourth quarter of 2021, the European Propylene Glycol market remained tight. Propylene Glycol prices continued to rise due to a combined burden of rising feedstock costs and a catastrophic energy crisis that boosted input costs. With the rapidly spreading Omicron variant in the region, demand in the pharmaceuticals industry increased at an unprecedented rate in the second half of the quarter. Due to supply chain interruptions in the first half of the year and Coronavirus-related transportation constraints near the end of the quarter, propylene glycol spot prices remained high.
For the Quarter Ending September 2021
North America聽
The prices of Polypropylene Glycol witnessed a significant rise across the North American region in the 3rd quarter of 2021. A raw material supply crunch and sturdy demand have pushed up the price curve of Polypropylene Glycol during this quarter. The occurrence of Hurricane Ida landfall in the U.S. Gulf Coast on Sunday, August 29 has disrupted the production activities which translated into supply tightness across the region. As per market experts, surging raw material prices are strongly tied to acute shortage of Propylene Oxide and continued operational setbacks while demand stands bullish from various downstream sectors during Q3 2021.聽
Asia Pacific
In the Asia Pacific region, the overall market outlook of Polypropylene Glycol demonstrated an upward trajectory during the third quarter of 2021 on the back of the consistent demand from the downstream sectors. Increased prices of feedstock Propylene oxide have given strong cost support for Polypropylene glycol in quarter 3. In the Indian market, a slight change in the prices of feedstock Propylene Glycol has led to a marginal rise in Polypropylene Glycol price during Q3. Demand fundamentals for glycols remained stable across the Indian market, while availability also remained ample to cater to the overall need. As per the market source, traders were trying to keep the price stable to induce offtakes. Thus, a marginal change in the price of PPG was observed during this month, which eventually assessed around USD 4737/MT PPG 6000 Ex-Chennai during October. PPG prices are likely to maintain overall stability in the 4th quarter.
Europe
In Q3 of 2021, the prices of Polypropylene Glycol rose effectively in the European region on the back of the increased demand from the downstream manufacturers. In terms of demand, offtakes were consistent from the pharmaceutical and personal care sector during the third quarter. Tight availability and soaring freight costs have further exacerbated the pricing trend of PPG in Q3 2021.
