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Dimethyl Propylene Glycol Methyl Ether (dpm) 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

dimethyl propylene glycol methyl ether (dpm) Price Trends by Country

cnChina
inIndia
vnVietnam

Global dimethyl propylene glycol methyl ether (dpm) Spot Market Prices, Trend Analysis and Forecast

Price Watchâ„¢ provides real-time price assessments and price forecasts for Dipropylene Glycol Monomethyl Ether (DGME) across top trading regions:

Dipropylene Glycol Monomethyl Ether (DGME) Regional Coverage Dipropylene Glycol Monomethyl Ether (DGME)  Grade and Country Coverage Dipropylene Glycol Monomethyl Ether (DGME)  Pricing Data Coverage Explanation
Asia- Pacific Dipropylene Glycol Monomethyl Ether (DGME) Pricing Analysis Dipropylene Glycol Monomethyl Ether (DGME) Industrial Grade 99% min Purity FOB Prices Shanghai, China Weekly Price Update on Dipropylene Glycol Monomethyl Ether (DGME) Real-Time Export Prices from Shanghai Port, China to Global Markets
Dipropylene Glycol Monomethyl Ether (DGME)
Industrial Grade 99% min Purity CIF Prices at Haiphong Port, Vietnam, Importing from China		 Weekly Price Update on Dipropylene Glycol Monomethyl Ether (DGME)
Real-Time Import Prices at Haiphong Port, Vietnam, from China
Dipropylene Glycol Monomethyl Ether (DGME) Industrial Grade 99% min Purity CIF Prices at Nhava Sheva Port, India, Importing from China. Weekly Price Update on Dipropylene Glycol Monomethyl Ether (DGME) Real-Time Import Prices at Nhava Sheva Port, India, from China.
DGME Industrial Grade 99% min Grade Ex- Mumbai Prices, India Weekly Price Update DGME Industrial Grade 99% min Grade Real-Time domestic prices Ex-Mumbai, India

 Dipropylene Glycol Monomethyl Ether (DGME) Price Forecasts & Market Foresight Q3 2026

Outlook: Mildly Bullish to Strongly Bullish

Confidence: High

Dipropylene Glycol Monomethyl Ether (DGME) prices are expected to witness an upward trend globally during Q3 2026, supported by improving downstream demand, balanced supply availability, and firming raw material costs.

Growth in applications such as coatings, paints, inks, cleaners, and industrial solvents is likely to strengthen market sentiment. Asia may experience price gains due to steady regional consumption and limited supply flexibility, while Europe and North America are expected to follow a positive trend amid stable industrial activity and cautious inventory management.

Overall, DGME prices are anticipated to remain firm through Q3 2026, with bullish momentum supported by healthy demand and balanced market fundamentals. 

Global Dipropylene Glycol Monomethyl Ether (DGME) Market Overview by Region (July–September 2026)

Country Grade/ Incoterm Outlook
China IG (99% min) FOB Shanghai Stable to Bullish
India IG (99% min) CIF Nhava Sheva (China) Stable to Bullish
Vietnam IG (99% min) CIF Haiphong (China) Stable to Bullish
India IG (99% min) Ex-Mumbai Bullish to Strongly Bullish

* Dipropylene Glycol Monomethyl Ether (DGME) Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

Explore the Complete Price Watch™ Dipropylene Glycol Monomethyl Ether (DGME) Forecast

Access comprehensive Dipropylene Glycol Monomethyl Ether (DGME) market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

Explore Price Watch™ Dipropylene Glycol Monomethyl Ether (DGME) Forecasts

What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in Propylene Oxide (PO) feedstock costs, energy prices, producer operating rates, plant outages, inventory levels, trade flows, freight rates, regional demand, and geopolitical developments affecting the global Dipropylene Glycol Monomethyl Ether (DGME) market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates:

  • Feedstock & production economics
  • Plant operating rates & outages
  • Inventory and supply-demand balance
  • Regional trade flows & freight
  • Import-export dynamics
  • Macroeconomic & geopolitical developments

 

Track Dipropylene Glycol Monomethyl Ether (DGME) Supply Disruptions in Real Time

As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact Dipropylene Glycol Monomethyl Ether (DGME) markets.

Access the Price Watch™ GIO Tracker

DPM Price Trend Q2 2026

During Q2 2026, the DPME market in China, India, and Vietnam recorded a 35–60% price increase, driven by strong demand from solvents, coatings, chemicals, and industrial applications. Supply adjustments, stable feedstock availability, controlled production, and regular procurement activities supported the upward trend.

China’s role as a key exporter influenced regional pricing dynamics. Overall, the DPME market maintained a bullish outlook, with significant price gains reflecting strong demand and evolving supply conditions.

The Dipropylene Glycol Monomethyl Ether (DPM) Price Chart indicated a positive trend during the quarter, driven by stable supply conditions and healthy demand from end-use industries. The DPM Price Index remained supported by consistent production costs, controlled availability, and increasing consumption from coatings, paints, inks, cleaners, and industrial solvent applications.

Regional pricing movements varied due to differences in demand intensity, raw material economics, inventory positions, and supply chain conditions across key markets.

China: DPM Export price from FOB Shanghai, China, Industrial Grade 99% min Purity

The Dipropylene Glycol Monomethyl Ether price in China for Q2 2026 has increased by 57.00% on FOB China terms compared with the previous quarter average. The market has strengthened due to demand from paints, coatings, printing inks, cleaning products, and chemical processing industries.

Supply availability has remained controlled, which has supported the price increase during the quarter. In April, Dipropylene Glycol Monomethyl Ether price trend in China has shown an upward movement due to steady procurement activities and firm industrial consumption.

In June 2026, Dipropylene Glycol Monomethyl Ether price in China has declined by 0.50% compared with the previous month average as supply conditions have improved and market activity has become stable.

Vietnam: DPM Imported price from CIF Haiphong (China), Vietnam, Industrial Grade 99% min Purity

The Dipropylene Glycol Monomethyl Ether price in Vietnam for Q2 2026 has increased by 56.00% on CIF Vietnam terms compared with the previous quarter average. The price rise has been supported by demand from coatings, paints, printing inks, and industrial cleaning applications.

Import requirements have remained firm, while buyers have continued regular purchasing activities. In April, Dipropylene Glycol Monomethyl Ether price trend in Vietnam has moved upward due to stable consumption and balanced market conditions.

In June 2026, Dipropylene Glycol Monomethyl Ether price in Vietnam has declined by 0.50% compared with the previous month average as improved availability and controlled inventory levels have reduced upward price pressure.

India: DPM imported price from CIF Nhava Sheva (China), India, Industrial Grade 99% min Purity

India: DPM Domestically Traded price in Mumbai, India, Industrial Grade 99% min Purity

The Dipropylene Glycol Monomethyl Ether price in India for Q2 2026 has increased by 49.00% on CIF India terms, while the Mumbai market has risen by 36.00% on EX Mumbai terms compared with the previous quarter average.

The price growth has been supported by demand from paints, coatings, adhesives, printing inks, cleaning solutions, and specialty chemical industries. Higher import costs, distributor activity, and inventory planning have influenced market movements during the quarter.

In April, Dipropylene Glycol Monomethyl Ether price trend in India and Mumbai has shown an upward direction due to active procurement activities and stable consumption. In June 2026, Dipropylene Glycol Monomethyl Ether price in India has increased by 0.50% due to steady demand and consistent supply requirements.

Similarly, Dipropylene Glycol Monomethyl Ether price in Mumbai has increased by 0.50% as market conditions have remained balanced.

Dimethyl Propylene Glycol Methyl Ether (DPM) Price Trend Analysis: Q1 2026

Dimethyl Propylene Glycol Methyl Ether (DPM) Price Trend Q1 2026

During the first quarter of 2026, the DPM market in China, India, and Vietnam has shown an observable positive dpm price trend performance. The price range for DPM in these countries is between USD 1300 and USD1950 per metric ton, considering the percentage change of the price range at +1% and +28%.

The dpm price trend observed based on high demand from major industries that include the solvent, chemical, and coating industry markets combined with the instability in the supply.

As the leading exporter of DPME, China has offered a stable supply in the market. Stable feedstock supplies and moderate production processes also contribute to this trend in the market. Moreover, periodic restocking and rising consumption trends in the market have positively influenced the price increase trend.

China: DPM Export price from FOB Shanghai, China, Industrial Grade 99% min Purity

In Q1 2026, Dimethyl Propylene Glycol Methyl Ether (DPM) price trend in China witnessed price fluctuations between -0.5% and +21% during the quarter. The price trend is driven by moderate demand from sectors like industrial and personal care applications, with stable supply conditions in the region. The market faced fluctuations in the early months, with prices declining slightly in January and February due to cautious purchasing activity.

However, the price surge of +21% in March is largely attributed to supply chain disruptions, particularly driven by increased logistical challenges and rising raw material costs. Despite this, production rates remained steady, and consumption saw gradual growth, reflecting the overall stability in key industries.

Vietnam: DPM Imported price from CIF Haiphong (China), Vietnam, Industrial Grade 99% min Purity

In Q1 2026, dpm price trend in Vietnam, imported from China experiencing price changes from -0.8% to +19% on monthly basis during the quarter. Like China, Di propylene Glycol Monomethyl Ether (DPM) price trend in Vietnam saw slight fluctuations, with a minor decline followed by a small uptick due to stable demand from key industries such as coatings and electronics.

In Vietnam, Di propylene Glycol Monomethyl Ether (DPM) prices in March 2026 increase of +19% is influenced by the tightening supply in China and regional delivery delays, further amplified by global geopolitical tensions.

These disruptions led to a sharp spike in prices as companies rushed to secure stocks ahead of expected shortages. Despite the volatility, demand remained consistent in the industrial and manufacturing sectors throughout the quarter.

India: DPM imported price from CIF Nhava Sheva (China), India, Industrial Grade 99% min Purity

India: DPM Domestically Traded price in Mumbai, India, Industrial Grade 99% min Purity

According to Price-Watchâ„¢, in Q1 2026, DPM price trend in India witnessed initial stability then strong volatility towards the end of the quarter. The Di propylene Glycol Monomethyl Ether (DPM) price trend in India showed an upward movement, with Ex-Mumbai prices rising by 0.5% in January, slightly decreasing by 0.5% in February, and then increasing by 4.5% in March.

DPM CIF prices followed a similar pattern, with a small rise of 0.5% in January, a decline of 1.5% in February, and a sharp 25% increase in March. In India, DPM price trend in March 2026 is driven by steady demand from sectors like coatings and personal care, alongside ongoing logistical challenges, port congestion, and rising import costs.

The Indian market, especially Ex-India, faced further pressure from delays in international shipments and a weakening rupee. While global supply chains remain strained, these disruptions, coupled with strong demand, suggest that prices may remain elevated in the near term, although stabilization could occur as supply chains improve, and production capacity increases.

Dimethyl Propylene Glycol Methyl Ether (DPM) Price Trend Analysis 2025

Dimethyl Propylene Glycol Methyl Ether (DPM) Price Trend 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. 

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. 

Dimethyl Propylene Glycol Methyl Ether (DPM) Price Trend 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. 

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. 

Dimethyl Propylene Glycol Methyl Ether (DPM) Price Trend Q3 2025

In Q3 2025, the global Dimethyl Propylene Glycol Methyl Ether (DPGME) market displayed moderate stability with regional variations. The Dimethyl Propylene Glycol Methyl Ether (DPGME) price trend fluctuated by 3-9% during the July-September 2025 quarter, influenced by consistent feedstock costs, energy prices, and regional supply chain dynamics.

Despite some volatility in upstream factors, robust demand from industries such as coatings, cleaning, and personal care helped maintain price stability in the later stages of the third quarter. Ongoing production capacity expansions and supply chain adjustments are expected to support stable prices in the upcoming quarter.

China: Dimethyl Propylene Glycol Methyl Ether (DPGME) Export price FOB Shanghai, China.

According to Price-Watch, in Q3 2025, Dimethyl Propylene Glycol Methyl Ether (DPGME) price in China decreased by 8.58%, reflecting a mixed market trend. The Dimethyl Propylene Glycol Methyl Ether (DPGME) price trend in China showed tentative signs of recovery, supported by improved downstream demand and more efficient supply management.

July saw renewed buyer confidence, with steady inquiries from coatings and manufacturing industries across Southeast Asia, India, and other import markets. However, August experienced a temporary dip in momentum due to competitive pricing pressure from regional alternatives and limited cost-driven support.

Despite this, in September 2025, Dimethyl Propylene Glycol Methyl Ether (DPGME) prices in China closed the quarter on a firmer note, as production output and actual demand balanced more effectively. Feedstock propylene oxide and methanol values remained steady, supporting consistent production economics without strong cost-push elements.

Freight markets remained smooth, further aiding stable export flows. Overall, Q3 2025 marked a cautious but positive phase for Dimethyl Propylene Glycol Methyl Ether (DPGME) in China, with incremental recovery setting the tone for cautious optimism heading into the final quarter of the year.

Vietnam: Dimethyl Propylene Glycol Methyl Ether (DPGME) import price CIF Haiphong, Vietnam.

In Q3 2025, Dimethyl Propylene Glycol Methyl Ether (DPGME) prices in Vietnam decreased by 8.37%, reflecting early signs of recovery after sustained softness in the first half of the year. The Dimethyl Propylene Glycol Methyl Ether (DPGME) price trend in Vietnam showed a modest improvement in July, driven by renewed buying interest from coatings and manufacturing sectors resuming procurement after earlier hesitation.

However, this recovery remained fragile, with a marginal dip in August as buyers adjusted their import strategies, waiting for more competitive offers. By September 2025, Dimethyl Propylene Glycol Methyl Ether (DPGME) prices in Vietnam stabilized, supported by improved inventory alignment and steady demand across key downstream industries. FOB China trends mirrored this recovery, with exporters maintaining firm offers and consistent trade flows.

Feedstock costs for propylene oxide remained balanced, with methanol providing additional support. Overall, Q3 2025 highlighted a cautious rebound phase, with improved trade activity and demand rebalancing helping restore market confidence.

India: DPM import and domestic price CIF Nhava Sheva, Ex Mumbai, India.

According to Price-Watch, in Q3 2025, Dimethyl Propylene Glycol Methyl Ether (DPGME) prices in India decreased by 5.24% on a CIF basis and by 3.47% on an Ex-Mumbai basis, reflecting signs of recovery supported by seasonal factors and more consistent import flows. The Dimethyl Propylene Glycol Methyl Ether (DPGME) price trend in India saw a modest rebound in July, with downstream industries, particularly paints and coatings, increasing offtake in line with seasonal recovery.

August 2025 experienced a brief dip in Dimethyl Propylene Glycol Methyl Ether (DPGME) prices in India as buyers recalibrated their strategies, waiting for more competitive offers from China, but by September 2025, the market firmed as demand better aligned with supply. Feedstock trends for propylene oxide and methanol remained steady, allowing producers to maintain stable economics. Globally, trade flows normalized, with imports from China continuing but with less intensity.

Meanwhile, in India’s Ex-Mumbai market, the paints and coatings sector drove a gradual rebound, with July showing healthier buyer interest. August introduced a pause as buyers anticipated competitive offers, but September saw a wave of restocking as stable supply and steady downstream demand restored balance. Overall, Q3 2025 marked a period of recalibration, with cautious optimism as improving demand and stable trade flows set the tone for a more balanced market.

Dimethyl Propylene Glycol Methyl Ether (DPM) Price Trend Q4 2025

Di propylene Monomethyl Ether (DPME) prices in China, India, and Vietnam have been examined. The current trends for the prices of the chemical substance in Q4 2025 reveal a little decrease of Di propylene Monomethyl Ether (DPME) prices in these countries. In China, India, and Vietnam, Di propylene Monomethyl Ether (DPME) prices have decreased in the range from -1% to -5%. The reasons for decreasing the prices of Di propylene Monomethyl Ether (DPME) in China, India, and Vietnam are due to a slight drop in demand for the substance, while its supply has remained constant throughout the countries under analysis. As an exporter of DPME, China has ensured steady supplies of the product. This is why despite feedstock shortages and production changes that have led to some price decreases, there is no significant change in the price levels for Di propylene Monomethyl Ether. Di propylene Monomethyl Ether (DPME) prices in China, India, and Vietnam have been assessed for Q4 2025. Restocking and changed consumption patterns have also had a negative impact on the prices.

China: DPM Export price from FOB Shanghai, China, Industrial Grade 99% min Purity

Di propylene Glycol Monomethyl Ether (DPM) prices in China have been observed to vary and experiencing price variation from -4% to +0.5%. Di propylene Glycol Monomethyl Ether (DPM) price trend in China during the same quarter has been on a consistent downtrend, where an increase is noted by 0.5% in October, a subsequent decrease by 0.5% in November, followed by another substantial fall by 4% in December, mainly due to lower demand from industrial activities and adequate supply in the market. In China, Di propylene Glycol Monomethyl Ether (DPM) price in December 2025 have been affected by factors such as seasonal slowing down and less buying interest at the end of the year.

Vietnam: DPM Imported price from CIF Haiphong (China), Vietnam, Industrial Grade 99% min Purity

In Q4 2025, Di propylene Glycol Monomethyl Ether (DPM) prices in Vietnam, imported from China, observed price fluctuations from -4% to +0.5%. Like China, Di propylene Glycol Monomethyl Ether (DPM) price trend in Vietnam showed a slight increase of 0.5% in October, followed by a small decline of 0.5% in November. A sharp price decrease of 4% is observed in December. This decline is mainly driven by reduced demand from key sectors such as coatings and electronics, along with easing supply constraints. The seasonal slowdown, combined with lower purchasing activity in the market towards the end of the year, contributed to the price drop. Despite the fluctuations, in Vietnam Di propylene Glycol Monomethyl Ether (DPM) prices in December 2026 remained relatively steady, with stable consumption levels in core industries throughout the quarter.

India: DPM imported price from CIF Nhava Sheva (China), India, Industrial Grade 99% min Purity

India: DPM Domestically Traded price in Mumbai, India, Industrial Grade 99% min Purity

In December 2025, Di propylene Glycol Monomethyl Ether (DPM) prices in India, imported from China, witnessed a price decline of 3%. The Di propylene Glycol Monomethyl Ether (DPM) price trend in Vietnam driven by slower demand from industries such as coatings and electronics, alongside favorable supply conditions in China, further impacted by logistical challenges and global market adjustments. Ex-Mumbai prices ranged from USD 1835 to USD 1955 per metric ton, with a 3% decline in December, reflecting the softer demand and the decrease in CIF prices. The reduction in Ex-Mumbai prices is compounded by delays in international shipments and ongoing logistical issues. Despite these declines, in Vietnam Di propylene Glycol Monomethyl Ether (DPM) prices in December 2025 remained stable, with importers managing their inventories and preparing for potential fluctuations soon.

Dimethyl Propylene Glycol Methyl Ether (DPM) Price Trend 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. 

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. 

Dimethyl Propylene Glycol Methyl Ether (DPM) Price Trend 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. 

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. 

Dimethyl Propylene Glycol Methyl Ether (DPM) Price Trend 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. 

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. 

Dimethyl Propylene Glycol Methyl Ether (DPM) Price Trend 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. 

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. 

Technical Specifications of Dimethyl Propylene Glycol Methyl Ether (dpm) Price Trends

Product Description

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, colorless, and relatively low-volatility liquid with mild odor, 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.

Identifiers and Classification:

  • CAS No: 34590-94-8
  • HS Code: 29094900
  • Molecular Formula: (CH3O) C3H6OC3H6(OH)
  • Molecular Weight [g/mol]: 148.20


DPM Synonyms:

  • Dipropylene glycol monomethyl ether
  • DPM
  • DPGME
  • (2-methoxymethylethoxy) propanol
  • Dipropyleneglycol methyl ether
  • Glycol ether DPM
  • Dipropylene glycol methyl ether


DPM Grades Specific Price Assessment:

  • Industrial Grade Purity ≥99.00%Price Trend


DPM Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 200 kg Drum
  • Packaging Type (Product & Country Specific): 10-15 MT


Incoterms Referenced in DPM Price Reporting

Shipping Term  Location  Definition 
FOB Shanghai  Shanghai, China  DPM Export price from China 
CIF Nhava Sheva (China)  Nhava Sheva, India  DPM import price in India from China 
CIF Haiphong (China)  Haiphong, Vietnam  DPM import price in Vietnam from China 
Ex-Mumbai  Mumbai, India  Domestically Traded DPM price in Mumbai 

*Quotation Terms refers to the quantity range specified for the DPM being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for DPM packing, ease of handling, transportation, and storage in industrial and commercial applications.


DPM Manufacturers and their brands

Brand Name  Manufacturer 
Baovi  Shandong Baovi Energy Technology Co., Ltd. 
N/A  Shanghai Theorem Chemical Technology Co., Ltd. 
N/A  Ever Century Chemical 
N/A  Henan Haofei Chemical Co., Ltd. 

Dimethyl Propylene Glycol Methyl Ether (dpm) Industrial Applications

DPGME market share end use

Historically, several events have caused significant fluctuations in Dimethyl Propylene Glycol Methyl Ether (dpm) 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 Price Watchâ„¢?

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

Track Price Watch'sâ„¢ dimethyl propylene glycol methyl ether (dpm) 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.

Dimethyl Propylene Glycol Methyl Ether (dpm) Market Price Trend published by Price Watchâ„¢ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watchâ„¢ assumes no liability for decisions taken based on this information.

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.

Dipropylene Glycol Monomethyl Ether (DPM) is an organic solvent widely used in coatings, cleaning products, inks, and personal care products. It is known for its excellent solvency properties, low toxicity, and ability to mix well with both water and oil. The price of DPM matters as it directly impacts the production costs of the industries that rely on it, such as manufacturing, automotive, and pharmaceuticals, influencing product pricing and supply chain economics.

DPM prices vary depending on region, grade, and delivery terms. Prices are typically quoted per metric ton and fluctuate based on supply-demand conditions, raw material costs, and production trends. Price-Watchâ„¢ provides real-time pricing insights across global markets to support informed decision-making.

The DPM market experiences moderate price fluctuations influenced by factors such as raw material costs (propylene oxide, methanol), demand from coatings and cleaning products, and production rates. Global economic conditions, energy prices, and supply chain disruptions also significantly affect DPM prices. Additionally, geopolitical events and trade conditions can impact market dynamics and pricing trends.

The largest consumers of DPM are the coatings, cleaning, and ink industries. It is widely used as a solvent in paint formulations, varnishes, adhesives, and cleaning agents. Other major industries include personal care, where DPM is used in products such as perfumes, deodorants, and cosmetics due to its ability to dissolve active ingredients and enhance product performance.

DPM is produced through the reaction of propylene oxide with methanol, resulting in the formation of dipropylene glycol monomethyl ether. The production takes place in specialized chemical plants, with major manufacturing hubs in North America, Europe, and Asia. DPM is synthesized in a controlled environment to ensure consistent quality and solvent properties.

Major exporters of DPM include the United States, China, and the Netherlands. These countries have strong chemical manufacturing infrastructures and large production capacities. Export dynamics depend on regional demand, production costs, and international trade conditions.

Globally, DPM supply is generally sufficient to meet demand. However, temporary imbalances can occur due to feedstock availability, production downtime, or logistical disruptions. These regional supply constraints may cause short-term tightness in certain markets, but overall production capacity is adequate to meet demand.

DPM is available in different grades, such as industrial-grade and high-purity grades. High-purity grades, used in applications like pharmaceuticals and cosmetics, tend to command higher prices due to stricter quality controls and additional processing. Pricing differences are influenced by grade, application, and purity levels, with higher-quality grades being more expensive.

A sudden increase in demand, particularly from industries such as coatings or cleaning, can lead to price hikes as supply tightens. Producers may prioritize contract customers, while spot buyers may face higher prices or limited availability. Capacity expansion may occur, but it generally requires time and investment.

Energy prices play a significant role in DPM production, as the manufacturing process is energy-intensive. Higher energy costs, particularly for electricity and natural gas, increase production expenses and can lead to higher market prices for DPM. Energy price fluctuations also affect the cost of upstream petrochemical feedstocks.

Regional price variations arise from differences in production costs, feedstock access, transportation logistics, and local demand conditions. Regions with strong domestic production tend to have more competitive pricing compared to import-dependent markets, where logistics costs and tariffs can increase overall prices.

DPM prices are expected to show moderate growth, supported by steady demand from coatings, cleaning, and personal care industries. While supply remains sufficient, fluctuations in raw material costs, energy prices, and global economic factors may create short-term volatility, but long-term trends are expected to remain stable with moderate increases.

Yes, accurate price forecasts help businesses plan procurement, optimize costs, and negotiate contracts. By leveraging insights from Price-Watchâ„¢, businesses can manage risks, take advantage of favorable pricing trends, and make strategic purchasing decisions.

Global events such as geopolitical tensions, supply chain disruptions, plant shutdowns, and energy market fluctuations can impact DPM availability and pricing. These factors may lead to short-term volatility, particularly when demand surges or supply chain issues arise, influencing market sentiment and pricing.

Price-Watchâ„¢ provides trusted, real-time price assessments, market insights, and forecasts for DPM across regions, helping businesses track trends and make informed decisions.

Access Real-Time Dimethyl Propylene Glycol Methyl Ether (dpm) Price Trends
Access Real-Time Dimethyl Propylene Glycol Methyl Ether (dpm) Price Trends