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Dipropylene Glycol Monomethyl Ether Price Trend and Forecast

UNSPC code: 325199
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026

dipropylene glycol monomethyl ether Price Trends by Country

cnChina
inIndia
vnVietnam

dipropylene glycol monomethyl ether Pricing Trends in India: 

  • Northern India dipropylene glycol monomethyl ether market price trend
  • Southern India dipropylene glycol monomethyl ether market price trend
  • Central India dipropylene glycol monomethyl ether market price trend

Global dipropylene glycol monomethyl ether Price Trend, Analysis and Forecast​

According to the PriceWatch, China’s Dipropylene Glycol Monomethyl Ether prices declined to 1597 USD per MT in Q2 from 1882 USD per MT in Q1. The 15.14% drop reflects weaker demand in downstream coating and inks industries. Seasonal slowdown in manufacturing in importing countries like Vietnam and India also added pressure. Vietnam saw a moderate decline in import activity due to inventory overstock.

India reported lower procurement due to reduced construction and paints activity. The DPM price Trend shows a bearish sentiment driven by surplus availability and lower freight costs. Feedstock propylene glycol prices also weakened, pushing the DPM price index further down. On the supply side, Chinese producers maintained high output levels despite weaker orders.

The DPM prices in the Asian DPM Market were overall subdued. The Q2 DPM price Chart suggests limited volatility with a steady downward slope. Importers remained cautious, anticipating further price corrections in Q3. 

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q2 2025

According to the PriceWatch, China’s Dipropylene Glycol Monomethyl Ether prices declined to 1597 USD per MT in Q2 from 1882 USD per MT in Q1. The 15.14% drop reflects weaker demand in downstream coating and inks industries. Seasonal slowdown in manufacturing in importing countries like Vietnam and India also added pressure. Vietnam saw a moderate decline in import activity due to inventory overstock.

India reported lower procurement due to reduced construction and paints activity. The DPM price Trend shows a bearish sentiment driven by surplus availability and lower freight costs. Feedstock propylene glycol prices also weakened, pushing the DPM price index further down. On the supply side, Chinese producers maintained high output levels despite weaker orders.

The DPM prices in the Asian DPM Market were overall subdued. The Q2 DPM price Chart suggests limited volatility with a steady downward slope. Importers remained cautious, anticipating further price corrections in Q3. 

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q1 2025

During Q1 2025, the international Dipropylene Glycol Monomethyl Ether (DPGME) market experienced slight price stabilization. China FOB prices decreased marginally to USD 1882/MT, reflecting a 0.26% decline compared to Q4 2024. The minor drop was due to steady demand from key industries such as coatings, cleaning products, and industrial applications, though competition from alternative solvents put pressure on prices.

Similarly, CIF Vietnam prices fell by 0.41%, to USD 1934/MT, driven by softer purchasing activity from downstream sectors. While demand remained stable in certain regions, a cautious outlook and limited price movements characterized the market in the early months of 2025. 

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q4 2024

In Q4 2024, the DPGME market experienced a moderate correction after strong price growth earlier in the year. China FOB prices decreased to USD 1887/MT, marking a 6.54% drop compared to Q3 2024. This decline was due to reduced demand from industries such as automotive and construction, and seasonal inventory adjustments.

CIF Vietnam prices also dropped by 7.74%, reaching USD 1942/MT, reflecting the same demand slowdown, particularly in Southeast Asia, and higher stock levels at the beginning of the quarter. Despite these declines, the market showed resilience in certain sectors, such as coatings, where demand remained strong. 

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q3 2024

During Q3 2024, the DPGME market saw continued growth. China FOB prices rose to USD 2019/MT, a 11.24% increase from Q2, as demand surged in key sectors like industrial cleaning, coatings, and electronics.

CIF Vietnam prices also rose by 11.49%, reaching USD 2105/MT, driven by robust procurement from Southeast Asian buyers as demand for solvents and cleaning agents grew. This upward momentum was supported by supply chain stabilization, leading to higher prices as manufacturers sought to secure adequate volumes of DPGME to meet increased demand. 

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q2 2024

In Q2 2024, the DPGME market showed strong price growth across both China and Vietnam. China FOB prices surged to USD 1815/MT, reflecting a 16.05% rise from Q1 2024, as demand picked up across various sectors, including paints, coatings, and cleaning agents.

CIF Vietnam prices also increased by 15.90%, to USD 1888/MT, driven by heightened procurement activity in the region. The significant price rise was driven by tightening supply in key export markets and increased purchasing to meet growing demand in the industrial and commercial sectors. 

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q1 2024

During Q1 2024, the DPGME market started the year with a moderate price increase. China FOB prices were quoted at USD 1564/MT, reflecting a 1.03% increase from Q4 2023, supported by steady demand from both domestic and international markets.

CIF Vietnam prices rose by 3.56%, reaching USD 1629/MT, reflecting growth in demand from various industrial sectors, particularly cleaning products, solvents, and coatings. While the price increases were not drastic, the market sentiment was positive, as suppliers adjusted their prices in response to stable demand in the early part of the year. 

India dipropylene glycol monomethyl ether Price Trend, Analysis and Forecast

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q1 2025

In Q1 2025, the Indian DPGME market experienced a moderate price rise, driven by post-holiday restocking and steady demand from the coatings and cleaning chemical sectors. CIF India prices climbed to INR 169,902/MT, showing a 2.31% increase from Q4. Supply from China tightened slightly due to delayed post-Lunar New Year shipments and limited spot availability.

The domestic market responded accordingly, with Ex-Mumbai prices rising to INR 193,833/MT, reflecting a 4.97% increase. Importers and distributors stocked up in anticipation of stronger seasonal demand heading into the construction season. 

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q2 2025

In Q2 2025, according to the PriceWatch, the price of Dipropylene Glycol Monomethyl Ether (DPGME) for India (CIF) from China decreased significantly to 141813 INR per MT, marking a sharp 16.54% drop from Q1 2025’s price of 169926 INR per MT. This drop can be attributed to softer demand in India’s downstream industries, particularly in the paint, coatings, and cleaning sectors, which typically consume significant quantities of DPGME.

Furthermore, the reduction in feedstock costs, especially propylene glycol, played a role in pulling the DPGME price lower in Q2. On the supply side, China maintained stable production rates, but a slower pace in manufacturing across India dampened imports.

For the Mumbai domestic market, the price of DPGME decreased by 7.50% from 193833 INR per MT in Q1 to 179300 INR per MT in Q2. This decline, while smaller than the CIF price drop, reflects the lower overall demand in the Indian market. Mumbai, being a major industrial hub, is sensitive to both international price changes and domestic market conditions.

In the Q2 DPGME price chart, the divergence between CIF and Mumbai prices shows a trend where importers might have adjusted their stock and procurement strategies, while the Mumbai market showed steadier price movements due to regional demand.

The DPGME price index in India is trending downwards, with key industries such as textiles and automotive coatings less active during this period. 

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q1 2024

In Q1 2024, the market started the year on a steady and slightly positive note. CIF India prices stood at INR 134,575/MT, registering a 2.94% increase from Q4 2023. Demand remained stable across coatings, textile processing, and cleaning sectors, though imports from China experienced minor delays around the Lunar New Year.

Despite this, there was no major disruption in supply chains. Ex-Mumbai prices were recorded at INR 155,666/MT, reflecting a 2.41% increase, supported by balanced demand and healthy distributor activity across regional markets. 

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q2 2024

In Q2 2024, DPGME prices in India saw a significant jump. CIF prices increased to INR 156,753/MT, a 16.48% rise from Q1. This was fueled by strong pre-monsoon demand from paint manufacturers and industrial cleaners, alongside forward buying amid concerns of rising freight and shipping container shortages from China.

Export offers from Chinese suppliers were limited, further firming the market. As a result, Ex-Mumbai prices rose to INR 173,833/MT, marking an 11.67% increase, as domestic traders passed on the higher import costs to end users. 

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q3 2024

In Q3 2024, the market continued its bullish trajectory. CIF prices surged to INR 175,750/MT, up 12.12% from Q2, as domestic demand rose sharply post-monsoon. Industrial usage in coatings, paints, and cleaning chemicals picked up, while supply constraints from China—caused by local inspections and production cuts—limited export availability.

Indian buyers faced higher costs, which was mirrored in the Ex-Mumbai price, which increased to INR 190,333/MT, showing a 9.49% gain. Limited availability and higher freight pushed up landed costs during this period. 

Dipropylene Glycol Monomethyl Ether Price Trend Analysis: Q4 2024

In Q4 2024, the market showed signs of cooling after two bullish quarters. CIF India prices declined to INR 166,067/MT, a -5.51% decrease from Q3. Though Diwali and year-end activity provided a temporary boost in sectors like household and industrial cleaning, most buyers operated with high inventory levels, which reduced urgency in fresh imports.

Meanwhile, smoother port operations in China and lower freight costs helped ease the pricing pressure. Ex-Mumbai prices followed the trend, dipping to INR 184,651/MT, down -2.99%, as sellers adjusted prices to reflect the more stable import conditions. 

Global dipropylene glycol monomethyl ether Supply Chain

Upstream
  • Propylene Oxide (PO)
  • Methanol (CH₃OH)
  • Dipropylene Glycol (DPG)
Downstream
  • Paints and Coatings (DPM is widely used as a solvent in paints, coatings, and varnishes due to its ability to dissolve a wide range of resins and pigments while maintaining a low odor and fast evaporation rate. It is particularly useful in industrial coatings.)
  • Cleaning and Degreasing (It serves as an effective cleaning agent and degreaser in both industrial and household applications. DPM is used to remove oils, grease, and dirt from metal and other surfaces.)
  • Printing Inks (DPM is used in the printing ink industry as a solvent to help disperse pigments and resins. It improves the flow and leveling of inks, especially for flexographic and gravure printing.)
Major supplying countries
  • China 
Major importing countries
  • India
  • Vietnam

India dipropylene glycol monomethyl ether Supply Chain

Upstream
  • Propylene Oxide (PO)
  • Methanol (CH₃OH)
  • Dipropylene Glycol (DPG)
Downstream
  • Paints and Coatings (DPM is widely used as a solvent in paints, coatings, and varnishes due to its ability to dissolve a wide range of resins and pigments while maintaining a low odor and fast evaporation rate. It is particularly useful in industrial coatings.)
  • Cleaning and Degreasing (It serves as an effective cleaning agent and degreaser in both industrial and household applications. DPM is used to remove oils, grease, and dirt from metal and other surfaces.)
  • Printing Inks (DPM is used in the printing ink industry as a solvent to help disperse pigments and resins. It improves the flow and leveling of inks, especially for flexographic and gravure printing.)
Major supplying countries
  • China 
Major importing countries
  • India
  • Vietnam

Technical Specifications of Dipropylene Glycol Monomethyl Ether Price Trends

Molecular Weight[g/mol]

148.20

CAS No

34590-94-8

HS Code

29094900

Molecular Formula

(CH3O) C3H6OC3H6(OH)
dipropylene glycol monomethyl ether

Dipropylene Glycol Monomethyl Ether (DPM) is a versatile organic solvent that is commonly used in a variety of industrial applications. It is a member of the glycol ether family, a class of solvents known for their ability to dissolve both hydrophilic and lipophilic compounds. DPM is a clear, colourless, and relatively low-volatility liquid with mild odour, making it suitable for use in environments where low toxicity and pleasant handling properties are desired. It is commonly used as a solvent in a variety of applications, including coatings, cleaning products, adhesives, paints, and personal care products.

Packaging Type

Drum (200 kg Drum)

Dipropylene Glycol Monomethyl Ether Grades Covered

Industrial Grade Purity ≥99.00%

Incoterms Used

FOB China, CIF India, CIF Vietnam, Ex-Mumbai.

Synonym

DPGME, 1-Methoxy-2-propanol, Propylene Glycol Monomethyl Ether

PriceWatch Quotation Terms:

10-15 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  

 

 Colourless transparent liquid 

 
Colour, Pt-Co  

 

 20 max 

 
Water % 

 

 0.10max 

 
Distilling Range 

 

 180-195°C 

 
Density g/ml 

 

 0.948-0.968 g/ml 

 
Refractive Index (20°C)  1.4210 – 1.4230 

 
Storage Temperature  +20°C 

 
Shipping Temperature 

 

 Ambient 

 

Dipropylene Glycol Monomethyl Ether Industrial Applications

Dipropylene Glycol Monomethyl Ether (DPM) is commonly used as a solvent in a variety of applications, including coatings, cleaning products, adhesives, paints, and personal care products. It serves as an excellent solvent for resins, waxes, oils, and other substances, and is often found in degreasers, paints, and varnishes. Additionally, DPM is used in the manufacture of agricultural formulations, as well as in industrial cleaning solutions, due to its ability to dissolve both polar and non-polar materials. 

Historically, several events have caused significant fluctuations in Dipropylene Glycol Monomethyl Ether prices

  • COVID-19 Pandemic (2020): The global lockdowns led to sharp declines in DPGME demand, followed by a significant rebound as manufacturing resumed. 
  • China-U.S. Trade War (2018–2019): Tariffs on Chinese chemicals led to price hikes and supply chain disruptions. 
  • China’s Environmental Regulations (2017–2019): Stricter environmental laws led to factory shutdowns, reducing DPGME production and driving up prices. 
  • Vietnam’s Industrial Growth (2015): As Vietnam expanded its industrial base, it became an important production hub, stabilizing the regional market to some extent. 
  • Indian Oil Price Volatility (2010s): The fluctuation of oil prices impacted the cost of DPGME production, leading to price swings. 

 

These factors demonstrate the sensitivity of the DPGME market to regional and global disruptions, underlining the importance of monitoring local production and economic activities to forecast future price trends. 

Why PriceWatch?

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

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

Track PriceWatch's dipropylene glycol monomethyl ether 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.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing information from a broad range of sources, including global commodity exchanges, industry reports, and proprietary databases. This data reflects the latest market conditions for DPMME, ensuring that our assessments are always up to date. 
  • On-the-Ground Intelligence: We collect insights directly from key market participants, such as producers, suppliers, traders, and end-users across major DPMME production regions. These first-hand accounts are crucial for capturing localized market nuances. 
  • Supply Chain Monitoring: Our team tracks the entire DPMME supply chain—from feedstock availability (e.g., propylene glycol, methanol) to production, distribution, and transportation. This monitoring helps us capture potential price volatility driven by upstream and downstream shifts.

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical events, such as trade disputes, conflicts, or sanctions, which can impact DPMME prices. Our analysis assesses how disruptions in the global supply chain, including changes in the availability of feedstocks or trade barriers, influence pricing. 
  • Natural Disasters and Climate Events: We assess how natural events, such as hurricanes, floods, or droughts, impact DPMME production facilities, especially in key regions like North America and Asia. These disruptions are considered when forecasting price trends and supply outlooks. 
  • Economic Shifts: PriceWatch evaluates macroeconomic indicators, such as inflation rates, industrial production, and consumer demand in key sectors (e.g., automotive, coatings, cosmetics, and cleaning products). These trends help us predict fluctuations in DPMME demand and price movements. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: PriceWatch maintains a comprehensive database of global DPMME production facilities, tracking their operational status, maintenance schedules, and capacity utilization. This allows us to provide accurate assessments of current supply availability. 
  • Future Capacity Projections: Our research includes detailed forecasts on the future production capacities of DPMME plants, considering new developments, expansions, or technological upgrades. By analysing these trends, we predict how the supply side will evolve, influencing future pricing stability or volatility. 

Demand Forecasting

  • Sectoral Demand Analysis: We track demand trends across critical sectors that use DPMME, such as coatings, cleaning products, automotive, and cosmetics. This analysis helps forecast growth patterns and potential shifts in consumption based on economic and industry-specific changes. 
  • Global Demand Dynamics: PriceWatch evaluates how demand for DPMME varies across different regions, considering factors like regional economic growth, manufacturing trends, and regulatory policies. This analysis is crucial for understanding how shifts in regional demand impact global pricing. 

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric and statistical models to forecast DPMME prices, integrating real-time data, historical trends, and market projections. Our pricing models are continuously refined to provide high accuracy in predicting price movements. 
  • Scenario Analysis: We apply scenario-based analyses, evaluating best-case, worst-case, and most likely market conditions for DPMME prices. This allows us to provide actionable insights for clients who need to prepare for a range of potential market outcomes.

Reporting and Client Support

  • Comprehensive Reports: Clients receive detailed, actionable reports that include current price assessments, short- and long-term price forecasts, and in-depth analysis of market drivers. These reports offer clear insights into pricing trends and help inform strategic business decisions. 
  • Ongoing Support: PriceWatch provides continuous updates and personalized support. Our team is always available to discuss market developments and offer tailored advice, ensuring our clients have the latest information to stay ahead of the curve. 

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Dipropylene glycol monomethyl ether pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Molecular Weight[g/mol]

148.20

CAS No

34590-94-8

HS Code

29094900

Molecular Formula

(CH3O) C3H6OC3H6(OH)
dipropylene glycol monomethyl ether

Dipropylene Glycol Monomethyl Ether (DPM) is a versatile organic solvent that is commonly used in a variety of industrial applications. It is a member of the glycol ether family, a class of solvents known for their ability to dissolve both hydrophilic and lipophilic compounds. DPM is a clear, colourless, and relatively low-volatility liquid with mild odour, making it suitable for use in environments where low toxicity and pleasant handling properties are desired. It is commonly used as a solvent in a variety of applications, including coatings, cleaning products, adhesives, paints, and personal care products.

Packaging Type

Drum (200 kg Drum)

Grades Covered

Industrial Grade Purity ≥99.00%

Incoterms Used

FOB China, CIF India, CIF Vietnam, Ex-Mumbai.

Synonym

DPGME, 1-Methoxy-2-propanol, Propylene Glycol Monomethyl Ether

PriceWatch Quotation Terms:

10-15 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  

 

 Colourless transparent liquid 

 
Colour, Pt-Co  

 

 20 max 

 
Water % 

 

 0.10max 

 
Distilling Range 

 

 180-195°C 

 
Density g/ml 

 

 0.948-0.968 g/ml 

 
Refractive Index (20°C)  1.4210 – 1.4230 

 
Storage Temperature  +20°C 

 
Shipping Temperature 

 

 Ambient 

 

Applications

Dipropylene Glycol Monomethyl Ether (DPM) is commonly used as a solvent in a variety of applications, including coatings, cleaning products, adhesives, paints, and personal care products. It serves as an excellent solvent for resins, waxes, oils, and other substances, and is often found in degreasers, paints, and varnishes. Additionally, DPM is used in the manufacture of agricultural formulations, as well as in industrial cleaning solutions, due to its ability to dissolve both polar and non-polar materials. 

Dipropylene Glycol Monomethyl Ether Market Price Trend provided by PriceWatch 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 dipropylene glycol monomethyl ether. PriceWatch 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.

The price of DPM is mainly influenced by raw material costs (such as propylene oxide and methanol), energy prices, and demand from industries like cleaning products, paints, coatings, and personal care. Additionally, geopolitical factors, supply chain disruptions, and regulatory changes can impact pricing.

Local production of DPM helps stabilize prices by reducing transportation costs, whereas regions reliant on imports may experience higher prices due to shipping costs, tariffs, and potential supply chain challenges.

DPM prices tend to fluctuate based on changes in raw material costs, energy prices, and demand from key industries. To secure better rates, consider bulk purchasing, long-term contracts, and exploring local suppliers to reduce transportation costs.

High demand from the cleaning, paint, and coatings industries can drive up DPM prices. Conversely, a decrease in demand from these industries may lead to price reductions.

Stricter environmental regulations, especially regarding VOC (Volatile Organic Compound) emissions, may increase manufacturing costs as companies comply with new standards, potentially raising DPM prices.

Supply chain disruptions such as natural disasters, geopolitical tensions, transportation delays, and raw material shortages can lead to DPM shortages and result in price increases.

DPM pricing may experience seasonal fluctuations depending on industry demand, such as during peak production seasons in automotive or construction. Additionally, maintenance shutdowns or disruptions in supply chains can cause temporary price spikes.

Long-term price stability for DPM is difficult to predict due to market volatility. However, securing long-term contracts and keeping track of raw material and energy price trends can help mitigate some of the risks associated with price fluctuations.

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