For the Quarter Ending March 2026
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Propylene Oxide Prices inÌýNorth America
- In USA, the Propylene Oxide Price Index rose by 17.3% quarter-over-quarter, driven by tight supply and higher feedstock costs.
- The average Propylene Oxide price for the quarter was approximately USD 1392.67/MT, per weekly FOB Louisiana assessments.
- Propylene Oxide Spot Price strengthened mid-quarter, reflected in the Price Index as inventories declined and offers increased.
- Propylene Oxide Production Cost Trend moved higher owing to escalating propylene feedstock costs and firmer crude oil benchmarks.
- Propylene Oxide Demand Outlook remained muted because construction and downstream sectors held subdued procurement throughout the quarter.
- Propylene Oxide Price Forecast shows near-term stability with upside risks from geopolitical supply interruptions and elevated feedstock.
- Propylene Oxide Price Index volatility reflected low social inventories, production outages, and periodic firm export demand supporting offers.
- Producers maintained disciplined offers amid force majeure declarations and scheduled maintenance, tightening Gulf Coast spot market liquidity.
Why did the price of Propylene Oxide change in March 2026 in North America?
- March correction followed easing feedstock propylene costs and rising domestic inventories, reducing immediate cost pressure.
- Geopolitical tensions pushed crude earlier, but logistics remained functional, limiting disruption-driven premium in March period.
- Short-term tightness from outages and cautious buying supported offers, prompting a mid-month price rebound across regions.
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Propylene Oxide Prices inÌýAPAC
- In Japan, the Propylene Oxide Price Index rose by 11.4% quarter-over-quarter, driven by supply tightening.
- The average Propylene Oxide price for the quarter was approximately USD 1166.00/MT, per weekly assessments.
- Propylene Oxide Spot Price remained range-bound while the Price Index reflected gradual cost pass-through dynamics.
- Propylene Oxide Price Forecast signalled short-term upside risk from geopolitical disruption and export constraints regionally.
- Propylene Oxide Production Cost Trend strengthened as crude and propylene feedstock prices pushed producer margins.
- Propylene Oxide Demand Outlook remains cautious with selective restocking from automotive polyurethane and polyether sectors.
- Propylene Oxide Price Index gains were supported by inventory drawdowns, higher freight, insurance, logistical delays.
- Major plant restarts and unplanned outages influenced supply; Propylene Oxide Price Forecast expects near-term tightness.
Why did the price of Propylene Oxide change in March 2026 in APAC?
- Middle East tensions lifted crude and propylene prices, increasing production costs and supporting firmer offers.
- Regional maintenance and unexpected outages reduced export availability, tightening spot supply and prompting seller firmness.
- Rerouted shipping increased freight and insurance premiums, raising landed costs and discouraging aggressive buyer restocking.
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Propylene Oxide Prices inÌýEurope
- In Germany, the Propylene Oxide Price Index rose by 10.73% quarter-over-quarter, driven by sharp feedstock cost increases.
- The average Propylene Oxide price for the quarter was approximately USD 1496.00/MT, reported across FOB Hamburg assessments.
- Tight availability lifted the Propylene Oxide Spot Price as traders reduced offers, reflecting constrained merchant availability.
- Latest Propylene Oxide Price Forecast indicates near-term firmness, with geopolitical risks sustaining elevated offer levels across Europe.
- The Propylene Oxide Production Cost Trend showed upward pressure from crude-linked propylene and higher energy and freight expenses.
- Propylene Oxide Demand Outlook remains weak as construction and downstream polyols consumption stays subdued, limiting sustained price support.
- Rising Propylene Oxide Price Index during March reflected supply tightening, plant disruptions, and precautionary inventory buildup by traders.
- Several producers operated reduced rates or declared force majeure, tightening supplies and amplifying short-term price volatility.
Why did the price of Propylene Oxide change in March 2026 in Europe?
- Escalating Middle East tensions drove crude and propylene cost increases, raising production economics for PO.
- Operational disruptions and force majeure reduced regional propylene oxide availability, tightening supplies and limiting offers.
- Buyers limited restocking amid inventory uncertainty and rising freight and insurance costs, thereby suppressing procurement.
For the Quarter Ending December 2025
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Propylene Oxide Prices inÌýNorth America
- In the USA, the Propylene Oxide Price Index fell by 7.34% quarter-over-quarter, reflecting weak downstream demand and surplus feedstock.
- The average Propylene Oxide price for the quarter was approximately USD 1187.00/MT, per FOB Louisiana assessments.
- Propylene Oxide Spot Price remained rangebound amid holiday tightness, cautious trading, and limited spot cargo availability.
- Propylene Oxide Price Forecast shows mild recovery into January as slight feedstock tightening offsets weak demand.
- Propylene Oxide Production Cost Trend edged higher as propylene feedstock rallied briefly, pressuring marginal producer economics.
- Propylene Oxide Demand Outlook remains subdued as downstream polyols and polyurethane orders stay conservative into Q1.
- Propylene Oxide Price Index volatility increased late December after announced plant closure reduced near-term regional availability.
- Inventory overhang and weak exports pressured offers, but seasonal restocking and maintenance risks support sellers.
Why did the price of Propylene Oxide change in December 2025 in North America?
- Elevated feedstock propylene availability reduced production costs, amplifying supply and depressing domestic Propylene Oxide prices.
- High downstream inventories and weak polyurethane demand limited buying, thereby preventing meaningful spot market recovery.
- Logistics remained smooth, but regional export constraints and announced plant shutdown tightened short-term availability further.
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Propylene Oxide Prices inÌýAPAC
- In Japan, the Propylene Oxide Price Index fell by 5.32% quarter-over-quarter, reflecting weak buyer demand.
- The average Propylene Oxide price for the quarter was approximately USD 1346.33/MT, reported in Japan.
- Inventory overhang pressured the Propylene Oxide Spot Price as sellers offered discounts to clear stockpiles.
- Forecasts indicate Propylene Oxide Price Forecast suggests limited upside amid persistent oversupply and weak procurement.
- Lower propylene feedstock weakened the Propylene Oxide Production Cost Trend, reducing cost support for prices.
- Downstream slowdown constrained the Propylene Oxide Demand Outlook, with polyurethane and polyols purchasing remaining cautious.
- Japan export softness and regional arbitrage closures weighed on Propylene Oxide Price Index and competitiveness.
- Continuity at major plants maintained supply, while selective maintenance may tighten Propylene Oxide Spot Price.
- Seasonal restocking may modestly improve flows but inventory liquidation tempers Propylene Oxide Price Index recovery.
Why did the price of Propylene Oxide change in December 2025 in APAC?
- Elevated inventories and ample domestic output depressed prices despite smooth ports.
- Softer propylene feedstock lowered costs, limiting upside while buyers deferred purchases.
- Weak downstream demand, subdued export orders constrained price support.
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Propylene Oxide Prices inÌýEurope
- In Germany, the Propylene Oxide Price Index fell by 3.75% quarter-over-quarter, reflecting weak demand and inventories.
- The average Propylene Oxide price for the quarter was approximately USD 1351.00/MT, reported FOB assessments.
- Propylene Oxide Spot Price remained weak as elevated inventories and muted exports constrained spot buying.
- Propylene Oxide Price Forecast indicates volatility as seasonal restocking offsets bearish fundamentals and persistent oversupply.
- Propylene Oxide Production Cost Trend eased as feedstock propylene weakened, mildly relieving producer cost pressures.
- Propylene Oxide Demand Outlook remains soft across polyurethanes and coatings due to construction slowdown continuing.
- Propylene Oxide Price Index showed decline despite weak demand, supported by regional outage reducing availability.
- Port congestion and slow export inquiries amplified on-site inventories, constraining liquidity and pressuring spot offers regionally.
Why did the price of Propylene Oxide change in December 2025 in Europe?
- Subdued downstream demand and construction weakness reduced orders, driving inventory accumulation and downward price pressure.
- Falling feedstock propylene and softer crude lowered production costs, weakening producer pricing power regionally recently.
- Port congestion and delayed exports amplified domestic oversupply, limiting buyers' ability to absorb volumes.
For the Quarter Ending September 2025
North America
- In the USA, the Propylene Oxide Price Index fell by 4.45% quarter-over-quarter, reflecting weak downstream demand.
- The average Propylene Oxide price for the quarter was approximately USD 1281.00/MT, reported by analysts.
- Propylene Oxide Spot Price drifted downward; elevated inventories and muted demand pressured Gulf Coast sellers.
- Propylene Oxide Price Forecast shows modest near-term volatility with small alternating upticks and declines expected.
- Propylene Oxide Production Cost Trend eased as feedstock propylene softened, reducing producer cost pressure July.
- Propylene Oxide Demand Outlook remains weak with construction and polyol sectors limiting procurement and restocking.
- Propylene Oxide Price Index volatility moderated as some plants resumed operations while inventories stayed elevated.
- Market participants expect limited upside absent supply disruptions, with spot and contract activity remaining constrained.
Why did the price of Propylene Oxide change in September 2025 in North America?
- Feedstock propylene uptick offered limited cost support amid generally weak upstream crude and elevated inventories.
- Domestic demand remained subdued in construction and polyol sectors, keeping procurement cautious and curbing buying.
- Resumption of some plant capacities eased tightness while inventories and weak export inquiries pressured prices.
APAC
- In Japan, the Propylene Oxide Price Index fell by 7.06% quarter-over-quarter, reflecting weaker regional demand.
- The average Propylene Oxide price for the quarter was approximately USD 1422.00/MT reflecting subdued conditions.
- Propylene Oxide Spot Price softened amid ample supply, subdued buying and limited downstream procurement urgency.
- Propylene Oxide Price Forecast suggests range-bound near-term movement, influenced by outages, holidays, and inventory dynamics.
- Propylene Oxide Production Cost Trend weakened as feedstock propylene prices declined, compressing producer margins further.
- Propylene Oxide Demand Outlook remains muted, construction and automotive weakness keep downstream polyol purchases defensive.
- Propylene Oxide Price Index volatility tracked inventories and export demand, with Asian restarts lifting availability.
- Major plant outages tightened regional supply, while overall ample capacity maintained downward pressure on offers.
Why did the price of Propylene Oxide change in September 2025 in APAC?
- Rising regional propylene and PO availability after restarts increased supply, outpacing weak downstream demand significantly.
- Feedstock propylene price fluctuations provided limited cost support, compressing producer margins and seller pricing flexibility.
- Pre-holiday stocking then completion of procurement reduced urgency, while inventories remained elevated, softening prices further.
Europe
- In Germany, the Propylene Oxide Price Index fell by 0.57% quarter-over-quarter, reflecting easing feedstock propylene and weak demand.
- The average Propylene Oxide price for the quarter was approximately USD 1403.67/MT, FOB Hamburg basis.
- Propylene Oxide Spot Price softened through August, pressured by ample supply, port congestion, and muted spot buying.
- Propylene Oxide Production Cost Trend weakened as feedstock propylene and softer crude benchmarks reduced processing cost support.
- Propylene Oxide Demand Outlook remains subdued amid weak construction, lower polyether polyol consumption, and cautious buyer behavior.
- Rising inventories and constrained exports dampened the Propylene Oxide Price Index despite occasional short-term restocking attempts.
- Propylene Oxide Price Forecast expects modest seasonal upticks post-holidays as some European plants resume following maintenance.
Why did the price of Propylene Oxide change in September 2025 in Europe?
- Oversupply from steady regional production and muted downstream demand led to downward pressure on prices.
- Lower feedstock propylene and softer crude benchmarks reduced cost support while port congestion increased logistical delays and inventories.
- Cautious buyers avoided forward buying amid seasonal lull and tariff driven export weakness, limiting restocking momentum.
For the Quarter Ending June 2025
North America
- The Propylene Oxide (PO) Price Index in the U.S. trended consistently lower in Q2 2025, with only a brief rise in early April on tightening inventories, followed by steady declines through May and June as weak demand and surplus supply drove bearish sentiment.
- April’s temporary price lift was supported by restocking and reduced availability, though downstream demand from polyurethane and polyether polyol sectors stayed soft due to a contracting construction market, while automotive production provided limited offsetting support.
- Prices weakened sharply in May as housing activity slowed further, export interest remained low, and ample feedstock propylene supply—amid falling crude oil benchmarks—kept production costs low and discouraged price stabilization efforts.
- June marked another notable decline, with poor construction-linked consumption, cautious procurement strategies, and continued export softness combining with bearish upstream trends to keep PO prices under heavy pressure.
Why did the price of Propylene Oxide (PO) change in July 2025 in North America?
- In July, the Propylene Oxide (PO) Price Index in the U.S. stayed stable as balanced supply, soft domestic construction-linked demand, and modest automotive sector support kept pricing steady despite subdued market fundamentals.
- The PO Production Cost Trend remained moderate, with propylene tracking weaker crude benchmarks, while smooth Gulf Coast port activity and manageable inventories allowed producers to sustain competitive offers without volatility.
- The PO Price Forecast signals continued stability into August, as steady export flows and incremental automotive-driven demand are expected to counterbalance weak construction-related polyurethane and polyether polyol consumption.
AsiaÌý
- The Propylene Oxide (PO) Price Index in Asia tracked a consistent downtrend through Q2 2025, with only a brief uptick in early May, as persistent oversupply, soft feedstock propylene costs, and sluggish downstream demand weighed on sentiment.
- April pricing weakened as inventories rose despite reduced plant utilization, with real estate-driven demand for polyether polyols and polyurethane remaining depressed.Ìý
- May brought a short-lived lift from temporary plant maintenance, but prices still trended lower month-on-month as Guangxi Petrochemical prepared to add 270,000 tons/year of new capacity and construction-linked demand failed to recover.
- In June, prices slid again as propylene costs fell, capacity utilization eased to 62.7%, and summer construction lulls curtailed polyurethane and polyol offtake, while export orders softened, leaving sentiment subdued despite steady logistics and import flexibility.
Why did the price of Propylene Oxide (PO) change in July 2025 in Asia?
- In July, the Propylene Oxide (PO) Price Index in China moved lower as rising domestic supply, elevated inventories, and soft downstream demand from polyether polyols and polyurethane markets kept pressure on sentiment.
- The PO Production Cost Trend stayed weak, with propylene tracking softer crude benchmarks, while intra-Asia freight rate declines and congestion at Laem Chabang and Qingdao disrupted trade flows but failed to tighten availability.
- The PO Price Forecast points to continued softness into August, as construction-linked polyurethane demand remains subdued in flood-affected regions, while high stocks and cautious procurement limit any near-term rebound despite regional logistical delays.
Europe
- The Propylene Oxide (PO) Price Index in Europe followed a mixed trajectory in Q2 2025, holding steady at low levels through April, fluctuating in May due to feedstock-driven cost swings, and rising in June as automotive demand and logistical disruptions lent mild support.
- April pricing stability reflected oversupply, subdued construction-linked demand, and ample inventories despite capacity cuts from the Maasvlakte closure, while low Rhine water levels and Hamburg congestion constrained exports but failed to boost prices.
- May saw a brief uptick from higher propylene costs amid plant outages, but this reversed as maintenance concluded and weak construction-sector demand, excess capacity, and soft crude oil benchmarks reasserted downward pressure on prices.
- In June, spot prices firmed slightly on improved automotive-sector consumption, notably from EV-related polyurethane demand, while persistent congestion at Hamburg and modest logistical delays curtailed export fluidity, prompting firmer domestic offers despite weak construction-driven demand.
Why did the price of Propylene Oxide (PO) change in July 2025 in Europe?
- In July, the Propylene Oxide (PO) Price Index in Europe moved lower as ample regional supply, muted downstream demand from polyether polyols and polyurethane, and soft propylene feedstock costs kept sellers under pressure.
- The PO Production Cost Trend remained weak, with propylene tracking subdued crude benchmarks, while heavy congestion at Hamburg slowed exports, amplifying stock buildup despite steady plant operations.
- The PO Price Forecast points to continued downside into August, as eurozone construction weakness, thin overseas procurement, and elevated inventories are expected to outweigh any logistical disruptions or seasonal adjustments.