When the first quarter of 2025 started, Propylene Polymer Grade FOB Busan prices made a moderate recovery, rising to USD 825.67/MT with a 1.81% increase from Q4. This was driven by heightened activity in the plastic manufacturing sector, with plants restarting operations post the holiday season. Buyers began restocking in preparation for increased demand during the spring season. Supply was consistent, and with no significant logistical problems, the market remained well-balanced with a slight positive trend.
During the first quarter of 2024, South Korea’s Propylene Polymer Grade FOB Busan market registered a soft fall. The price settled at USD 810.56/MT, having fallen by 0.27% compared to the last quarter. The minute drop occurred due to downstream consumption, especially among polypropylene manufacturers, losing pace after an active year-end. Additionally, inventories stood slightly above the normal level, and this eliminated buyers’ sense of urgency. The market in general was flat, with a stable domestic supply and no substantial interruptions in business.
In Q2-2024, Propylene Polymer Grade FOB Busan prices gained momentum and surged to USD 823.40/MT, reflecting an increase of 1.58% from Q1. The rise was primarily led by enhanced buying demand from the packaging and textile industries, which began increasing their activities. Seasonal demand for air conditioning components and other plastics-based products also contributed to the intake. Availability of the feedstocks was in balance, but increased energy rates propelled the production expenses marginally, holding the prices firm on the upside.
As of the third quarter of 2024, Propylene Polymer Grade FOB Busan prices continued to advance to USD 841.67/MT, an increase of 2.22% from Q2. Strong demand continued from downstream markets for polypropylene and acrylonitrile. Export orders from Southeast Asia also supported the market. While production remained level, maintenance shutdowns at some regional plants caused slight supply shortages, contributing to the pressure on pricing. South Korean producers 維持 consistent production levels to meet both local and international demand.
During Q4-2024, the market went down due to Propylene Polymer Grade FOB Busan prices dropping to USD 811/MT, down 3.64% from Q3. The decline was primarily prompted by subdued demand towards the close of the year, particularly from the automotive and consumer goods industries. Crude prices also dropped during this quarter, which relaxed feedstock as well as transportation prices. Further, rising supply from foreign markets lowered the buying pressure in South Korea, dragging prices lower.
In Q1 2025, Propylene Polymer Grade CIF Nhava Sheva prices fell slightly to USD 884 per metric ton, representing a 1.54% fall from Q4. Overall market conditions were stable but not in demand in the automobile and plastic industries. The price fall was affected by balanced supply and fewer supply chain disruptions globally. With consistent production and demand levels, the market had a steady pace, resulting in only a moderate drop in pricing.
In Q1 2024, the Indian propylene Polymer Grade CIF Nhava Sheva price slightly rose to USD 972 per metric ton, up by 4.35% compared to the last quarter. This was primarily because of robust demand from major sectors such as the plastic and automotive industries. The ongoing production in the chemical and polymer industries also contributed to the support of the demand. Additionally, supply pressures and feedstock tightness drove the prices upwards in the quarter.
During Q2 2024, propylene Polymer Grade CIF Nhava Sheva prices fell to USD 937 per metric ton, a decrease of 3.65% compared to Q1. This fall was due to weaker demand as the automotive and plastic sectors 目撃 a slowdown. Due to lower production levels in some sectors and a better-balanced supply chain, the market 目撃 a slight correction. Moreover, imports of propylene from other parts also relaxed the pressure on domestic prices.
In Q3 2024, prices of propylene Polymer Grade CIF Nhava Sheva rebounded to USD 1019 per metric ton, an increase of 8.78% from Q2. The price hike was largely due to increased demand from the petrochemical and chemical sectors. As production activity increased in most segments, such as the auto and plastic products markets, the higher usage of propylene drove the price up. Constricted supply in certain areas, coupled with a consistent demand from India’s manufacturing industry, served to 維持する prices high throughout the quarter.
During Q4 2024, propylene Polymer Grade CIF Nhava Sheva prices took a drastic hit, falling to USD 898 per metric ton, 表示 an 11.87% decline from Q3. The decline was 大きな要因 to softened demand in the plastic and automotive industries as industrial processes slowed down towards the final months of the year. Moreover, heightened imports coupled with enhanced local production levels assisted in balancing the supply and mitigating some of the pressure on prices. The correction in the market also mirrored seasonal changes as the year came to a close.
分子量[g/mol]
CAS番号
HSコード
分子式
Propylene is a colorless, flammable gas with a slightly sweet odor, primarily used as an essential industrial chemical intermediate. It is a key feedstock in the production of polypropylene, acrylonitrile, propylene oxide, cumene, and various other chemicals and plastics. Propylene is typically produced as a byproduct of petroleum refining and steam cracking of hydrocarbons such as naphtha and propane. It plays a critical role in the packaging, automotive, textile, and construction industries due to its versatility and wide range of downstream applications.
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。
物理的性質 | |
密度 | 0.0020 g/cm³ @ 20 °C |
引火点 | -47 °C (Closed Cup) |
沸点 | -47.4 °C |
蒸気圧 | 560 kPa @ 25 °C |
外観 | Colorless gas, faint sweet odor |
アプリケーション
Propylene is primarily used as a crucial chemical intermediate in the production of various synthetic materials. It plays a key role in the manufacture of polypropylene, one of the most widely used plastics, which is used in products such as packaging materials, textiles, automotive parts, and containers. Additionally, propylene is involved in producing synthetic rubbers, adhesives, and specialty chemicals. It is also used in the production of acetone, isopropyl alcohol, and acrylonitrile, which are important for consumer goods, industrial applications, and chemical manufacturing processes. Propylene is vital to the chemical industry, supporting the supply chain of high-performance materials and advanced manufacturing.
These events highlight the sensitivity of the Propylene market to geopolitical tensions, weather disruptions, and shifts in supply-demand dynamics, underscoring the importance of monitoring global trends.
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分子量[g/mol]
CAS番号
HSコード
分子式
Propylene is a colorless, flammable gas with a slightly sweet odor, primarily used as an essential industrial chemical intermediate. It is a key feedstock in the production of polypropylene, acrylonitrile, propylene oxide, cumene, and various other chemicals and plastics. Propylene is typically produced as a byproduct of petroleum refining and steam cracking of hydrocarbons such as naphtha and propane. It plays a critical role in the packaging, automotive, textile, and construction industries due to its versatility and wide range of downstream applications.
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。
物理的性質 | |
密度 | 0.0020 g/cm³ @ 20 °C |
引火点 | -47 °C (Closed Cup) |
沸点 | -47.4 °C |
蒸気圧 | 560 kPa @ 25 °C |
外観 | Colorless gas, faint sweet odor |
アプリケーション
Propylene is primarily used as a crucial chemical intermediate in the production of various synthetic materials. It plays a key role in the manufacture of polypropylene, one of the most widely used plastics, which is used in products such as packaging materials, textiles, automotive parts, and containers. Additionally, propylene is involved in producing synthetic rubbers, adhesives, and specialty chemicals. It is also used in the production of acetone, isopropyl alcohol, and acrylonitrile, which are important for consumer goods, industrial applications, and chemical manufacturing processes. Propylene is vital to the chemical industry, supporting the supply chain of high-performance materials and advanced manufacturing.
The price of Propylene is influenced by a variety of factors, including crude oil and naphtha prices, which are key feedstocks for its production. Supply-demand dynamics, operating rates of refineries, and production disruptions play a significant role in determining prices. Geopolitical factors, trade policies, and transportation costs also contribute to price fluctuations. As a critical raw material in the production of polypropylene and other chemicals, changes in downstream industries such as packaging, automotive, and textiles can also affect propylene pricing trends.
Global supply and demand shifts directly impact propylene prices. A rise in demand from industries like plastics, automotive, and textiles can push prices higher, particularly when supply is constrained. Conversely, an oversupply of propylene due to new production capacities or a reduction in demand from downstream sectors, such as during economic downturns, can lead to lower prices. Procurement professionals must monitor global production capacities, planned maintenance activities, and demand forecasts to predict price movements and adjust procurement strategies accordingly.
Propylene prices vary regionally due to differences in feedstock availability, production capacities, demand patterns, and transportation costs. For example, Asia may experience price fluctuations due to strong demand from the plastics and automotive industries, while North America might benefit from a more stable price environment due to its well-integrated petrochemical infrastructure. Procurement teams should carefully analyze regional price trends, assess trade flows, and strategically diversify suppliers to mitigate risks related to regional price volatility and supply disruptions.
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