In Q1 2025, both South Korea and Thailand experienced notable declines in PPG export prices, reflecting a downward trend in the regional market. South Korea’s price dropped to USD 1408/MT, a sharp 6.96% decrease, while Thailand saw a slightly smaller decline of 6.61%, ending at USD 1635/MT.
Thailand maintained a higher price point, suggesting stronger demand or cost structures despite the fall. This simultaneous price contraction across both countries could indicate broader market pressures such as raw material cost shifts or regional demand slowdown impacting export competitiveness.
In Q1 2024, Polypropylene Glycol (PPG) export prices declined in both South Korea and Thailand, with South Korea’s price decreasing by 3.19% to USD 1593/MT and Thailand’s price dropping by 2.87% to USD 1768/MT. Thailand continued to hold a premium pricing position, reflecting either better product differentiation or supply chain advantages.
The concurrent decreases may suggest seasonality effects or initial signs of market oversupply. These early-year reductions set the tone for subsequent quarters, underscoring the volatile nature of PPG pricing influenced by both global demand trends and regional export competitiveness.
Q2 2024 showed a mixed price trend for Polypropylene Glycol (PPG) exports. South Korea posted a slight 0.75% increase to USD 1605/MT, indicating mild growth in export pricing, potentially driven by stable demand or cost inflation. In contrast, Thailand experienced a minor 0.21% price decrease to USD 1764/MT, suggesting slight pressure despite historically higher prices.
This divergence may be linked to country-specific factors such as differing 原料 sourcing costs or competitive positioning in export markets. The contrasting price movements illustrate how localized market forces impact regional export dynamics even within the same commodity segment.
In Q3 2024, both countries saw modest price increases in PPG exports, signaling a temporary market rebound. South Korea’s price rose by 4.29% to USD 1674/MT, while Thailand experienced a marginal 0.21% increase to USD 1768/MT. South Korea’s sharper rise could reflect recovery in domestic production costs or improved export demand.
Conversely, Thailand’s near-flat growth suggests market stabilization rather than strong upward momentum. This quarter highlights divergent market strengths, with South Korea capitalizing on a recovery phase, while Thailand maintains steady pricing amidst regional market fluctuations.
During Q4 2024, PPG export prices decreased in both South Korea and Thailand but at different rates. South Korea’s prices fell significantly by 9.62% to USD 1513/MT, indicating a steep correction after earlier highs. Thailand’s prices dipped marginally by 0.94% to USD 1751/MT, showcasing more price resilience possibly due to supply chain efficiencies or stronger local demand.
The sharp contrast in the scale of decline hints at varying market dynamics, with South Korea facing stronger pricing pressure, potentially from inventory adjustments or competitive export environments.
In Q1 2024, India’s Polypropylene Glycol (PPG) import prices from South Korea remained relatively stable at USD 1678/MT (CIF Nhava Sheva), with a negligible decrease of 0.04%. This stability indicates a balanced supply-demand scenario early in the year, as importers maintained steady procurement despite minor market uncertainties.
The minimal change suggests that price pressures were limited, likely due to effective inventory management and predictable trade conditions. This quarter set the foundation for the subsequent price volatility observed throughout the year.
During Q2 2024, India’s Polypropylene Glycol (PPG) import prices from South Korea saw a modest increase of 1.26%, reaching USD 1699/MT (CIF Nhava Sheva). This slight rise suggests steady demand amid improving economic conditions, with prices stabilizing after prior fluctuations.
The gentle growth may be attributed to consistent industrial output and supply chain adjustments, maintaining balanced import levels. This period reflects cautious optimism in the market, where importers managed to absorb moderate cost increases without significant disruptions.
In Q3 2024, India experienced a robust increase in Polypropylene Glycol (PPG) import prices from South Korea, rising by 6.30% to USD 1806/MT (CIF Nhava Sheva). This upward movement highlights strong demand or constrained supply conditions, possibly driven by industrial growth and infrastructure projects in India.
The price surge reflects tightening market fundamentals, with importers likely facing cost pressures. This quarter marked the peak price point before subsequent corrections, indicating a period of heightened activity and competitive bidding for PPG imports.
Q4 2024 saw a sharp decrease in India’s PPG import prices from South Korea, dropping 10.20% to USD 1622/MT (CIF Nhava Sheva). This steep decline followed a strong upward trend earlier in the year, signalling potential oversupply or weakening demand pressures during the quarter.
The significant price correction could also be due to adjustments in freight costs or currency fluctuations impacting CIF pricing. This quarter represents a critical turning point, with importers likely reassessing procurement strategies amid shifting global trade conditions.
分子量[g/mol]
CAS番号
HSコード
分子式
Polypropylene Glycol is a versatile polyether synthesized from propylene oxide as the primary feedstock. This colourless to pale yellow liquid offers excellent lubricity, moisture retention, and low toxicity. Widely used in polyurethanes, functional fluids, and personal care products, PPG ensures superior performance in diverse applications such as foams, coatings, and de-icing solutions.
包装タイプ
対象学年
使用されるインコタームズ
同義語
PriceWatch 見積もり条件:
元ロケーション この契約は、売り手が商品をその構内で入手できるようにし、買い手が送料、保険料、その他の手数料を含むすべての輸送費を負担する配送契約を指す。
CIF: CIFとは、商品のCost, Insurance, and Freight (CIF)条件のこと。CIF条件では、売主は商品が仕向港に到着するまでの商品代金、保険料、運賃を負担する。
FDだ: FDとはFree Deliveredの略で、売り手が商品を場所/港に届ける全責任を負うことを意味します。これにより、買い手は輸入関税を除くすべての必要な費用を負担した上で、指定された港で商品を受け取ることができます。
本船渡し: FOBとは、Free On-Board shippingの略で、売り手が商品を港に届ける費用とリスクを負うことを指します。商品が本船に積み込まれた後は、船積みや保険を含むすべての費用について買い手に責任が移ります。
プロパティ | 仕様 |
外観 | Light yellow liquid |
Water Content (%) | 0.03 |
pH (triol) | 6.4 |
Acid value (mgKOH/g) | 0.012 |
Hydroxyl value (mgKOH/g) | 112.2 |
Viscosity (25 °C) | 145 |
アプリケーション
Polypropylene Glycol is used mainly as a feedstock/intermediate to make other chemicals including:
Energy Price Surge: The conflict led to a sharp rise in natural gas and crude oil prices, increasing production costs for PPG.
Raw Material Supply Disruptions: Limited availability of key feedstocks like propylene oxide due to supply chain interruptions.
Logistics: Transportation delays and higher freight costs disrupted the delivery of raw materials and finished products.
Regional Trade Imbalances: The conflict affected trade routes, creating regional supply-demand mismatches and price volatility.
Market Uncertainty: Geopolitical instability caused speculative trading, further amplifying price fluctuations in the PPG market.
サプライチェーンの混乱: Lockdowns and restrictions disrupted the supply of key feedstocks like propylene oxide, leading to inconsistent production.
Demand Variability: Fluctuating demand from industries such as automotive and construction, combined with increased demand for PPG in sanitizers and cleaning products, created market imbalances.
物流の課題: Global transportation bottlenecks and rising freight costs impacted the availability and pricing of PPG.
Production Shifts: Some manufacturers prioritized essential goods, reducing PPG production capacity for non-essential applications.
Economic Uncertainty: Market volatility and reduced industrial activity in many sectors led to unpredictable pricing trends.
Trade Wars: The US-China trade conflict led to increased tariffs on raw materials like propylene oxide, raising production costs for PPG.
Sanctions and Embargoes: Restrictions on key exporting countries disrupted the supply chain for PPG feedstocks, causing price volatility.
Currency Fluctuations: Geopolitical instability contributed to currency devaluation in some regions, increasing import costs for raw materials.
サプライチェーンの混乱: Tensions affected transportation and logistics, delaying deliveries and creating regional supply-demand imbalances.
Speculative Market Activity: Political uncertainty fueled speculative trading, amplifying price instability in the PPG market.
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分子量[g/mol]
CAS番号
HSコード
分子式
Polypropylene Glycol is a versatile polyether synthesized from propylene oxide as the primary feedstock. This colourless to pale yellow liquid offers excellent lubricity, moisture retention, and low toxicity. Widely used in polyurethanes, functional fluids, and personal care products, PPG ensures superior performance in diverse applications such as foams, coatings, and de-icing solutions.
包装タイプ
対象学年
使用されるインコタームズ
同義語
PriceWatch 見積もり条件:
元ロケーション この契約は、売り手が商品をその構内で入手できるようにし、買い手が送料、保険料、その他の手数料を含むすべての輸送費を負担する配送契約を指す。
CIF: CIFとは、商品のCost, Insurance, and Freight (CIF)条件のこと。CIF条件では、売主は商品が仕向港に到着するまでの商品代金、保険料、運賃を負担する。
FDだ: FDとはFree Deliveredの略で、売り手が商品を場所/港に届ける全責任を負うことを意味します。これにより、買い手は輸入関税を除くすべての必要な費用を負担した上で、指定された港で商品を受け取ることができます。
本船渡し: FOBとは、Free On-Board shippingの略で、売り手が商品を港に届ける費用とリスクを負うことを指します。商品が本船に積み込まれた後は、船積みや保険を含むすべての費用について買い手に責任が移ります。
プロパティ | 仕様 |
外観 | Light yellow liquid |
Water Content (%) | 0.03 |
pH (triol) | 6.4 |
Acid value (mgKOH/g) | 0.012 |
Hydroxyl value (mgKOH/g) | 112.2 |
Viscosity (25 °C) | 145 |
アプリケーション
Polypropylene Glycol is used mainly as a feedstock/intermediate to make other chemicals including:
安息香酸の価格設定は、プロピレンのような原料コスト、塗料、コーティング、接着剤のような業界内の需給変動、さらには地政学的イベント、貿易関税、エネルギー価格のような外部要素など、いくつかの要因に影響される。これらの要因が組み合わさることで、世界的な経済状況によって価格設定が変動する。
安息香酸の価格設定には、地域ごとの生産量が大きく影響する。アジア太平洋地域のように生産量の多い地域は、現地で入手可能なため価格競争力が高い傾向にあるが、北米や欧州のように輸入に頼っている地域は、輸送費、輸入関税、潜在的なサプライチェーンの混乱により、しばしば高いコストに直面する。
安息香酸の最新の価格動向は、原料コストの変動やグローバル・サプライ・チェーンの変化を反映していることが多い。より良いレートを確保するために、調達責任者はサプライヤーとの長期契約の締結、世界的な価格動向や指標のモニタリング、数量割引を活用した大量購入戦略の最適化などを検討することができる。
著作権2025年。無断複写・転載を禁じます。ニディヤナ・プライスウォッチ・データ・アナリティクス・プライベート・リミテッド