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Polyol Price Trend and Forecast

UNSPC code: 12162007
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âźł Weekly Update
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Historical Data Since 2015
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Forecast for 2026

polyol Price Trends by Country

sgSingapore
saSaudi Arabia
inIndia
cnChina

Global polyol Spot Market Prices, Trend Analysis and Forecast

Polyol Price Trend Q3 2025

Polyol product prices in Q3 2025 showed mixed trends across major producers. Singapore recorded slight softness with a 0.86% decline, while Saudi Arabia saw a 2.80% rise amid stronger regional demand. India’s import and domestic Polyol prices remained mostly stable, showing minor fluctuations of 0.74% increase and 0.46% drop respectively. In China, Polymer Polyol and Flexible Polyol prices fell sharply by 8.62% and 4.35%, driven by weak export activity and subdued consumption.

Singapore

Polyol Export prices FOB Jurong, Singapore, Molecular weight 3000, Viscosity 530 mPa.s, Hydroxyl no 54.5–58.5.

In Q3 2025, Polyol prices in Singapore showed slight softness amid stable regional demand from furniture and insulation industries. Polyol price trend in Singapore was influenced by moderate feedstock cost variations, currency movement, and contract negotiations with Southeast Asian buyers. Market participants noted steady consumption in polyurethane applications, though international trade flow remained subdued.

According to the Price-Watch, product prices in Q3 for Polyol in Singapore decreased by 0.86%. Polyol product prices in Singapore continued to reflect cautious procurement strategies among buyers. Despite easing raw material costs, manufacturers-maintained production discipline to optimize margins. Polyol prices in September 2025 signaled continued market balance supported by consistent downstream activity and controlled inventories.

Saudi Arabia

Polyol Export prices FOB Jeddah, Saudi Arabia, Molecular weight 3000, Viscosity 550–650 mPa.s, Hydroxyl no 53–59.

In Q3 2025, Polyol prices in Saudi Arabia recorded a mild increase amid sustained demand from construction and automotive sectors. Polyol price trend in Saudi Arabia was supported by resilient domestic consumption and steady feedstock availability. Export volumes to GCC regions showed marginal recovery as polyurethane foam makers resumed operations.

According to the Price-Watch, product prices in Q3 for Polyol in Saudi Arabia rose by 2.80%. Improved downstream sentiment and logistical efficiency contributed to stronger market performance. Polyol product prices in Saudi Arabia reflected stable cost structures and balanced supply conditions. The Polyol prices in September 2025 indicated firm regional buying interest and inventory restocking, paving the way for steady pricing outlook into Q4 2025.

India

Polyol Import prices CIF Nhava Sheva, India, Molecular weight 3000, Viscosity 530 mPa.s, Hydroxyl no 54.5–58.5.

In Q3 2025, Polyol prices in India showed minor fluctuations amid steady consumption in construction, automotive, and furniture segments. Polyol price trend in India remained supported by consistent imports from Southeast Asia despite limited container availability. Market participants observed balanced supply-demand dynamics across key polyurethane end‑use industries.

According to the Price-Watch, product prices in Q3 for Polyol in India increased by 0.74%. Polyol product prices in India remained close to prior quarter levels with minor procurement adjustments. Domestic blending activity and gradual industry recovery helped maintain price stability. Polyol prices in September 2025 pointed toward a cautious market sentiment with buyers maintaining lean inventories to manage cost risks effectively.

India

Polyol domestic prices Ex‑Mumbai, India, Molecular weight 3000, Viscosity 530 mPa.s, Hydroxyl no 54.5–58.5.

In Q3 2025, Polyol prices in India’s domestic market slightly declined amid ongoing production optimization and steady downstream operations. Polyol price trend in India’s local industry was affected by lower feedstock costs and moderate export inflows. Regional demand from furniture and insulation manufacturers sustained consumption during the quarter.

According to the Price-Watch, product prices in Q3 for Polyol in India declined by 0.46%. Product prices in India reflected balanced supply conditions and consistent operational throughput. Currency movement and global freight adjustments also shaped domestic pricing behavior. Polyol prices in September 2025 held steady, indicating continued market equilibrium influenced by cautious buying and regional cost management.

China (Polymer Polyol)

Polyol Export prices FOB Qingdao, China, Polymer Polyol (Molecular weight 6000, Viscosity <5000 mPa.s).

In Q3 2025, Polymer Polyol prices in China declined sharply due to slower domestic demand and export contraction. Polymer Polyol price trend in China reflected weakened feedstock support, subdued polyurethane consumption, and reduced downstream orders. Market conditions were influenced by oversupply and limited recovery in industrial foam applications.

According to the Price-Watch, product prices in Q3 for Polymer Polyol in China fell by 8.62%. Product prices in China continued to exhibit downward momentum driven by reduced construction activity and cautious overseas buying.

Manufacturers in China operated at reduced output rates to stabilize inventories and manage excess supply pressure. Polymer Polyol prices in September 2025 suggested ongoing softness with limited prospects for a near‑term rebound.

China (Flexible Polyol)

Polyol Export prices FOB Qingdao, China, Flexible Polyol (Molecular weight 2500‑2800, Viscosity 450‑750 mPa.s).

In Q3 2025, Flexible Polyol prices in China weakened moderately amid declining export demand and competitive regional supply. Flexible Polyol price trend in China was shaped by lower feedstock costs and inventory adjustments within foam production units. Market participants witnessed declining quotations as manufacturers aimed to retain export orders through price incentives.

According to the Price-Watch, product prices in Q3 for Flexible Polyol in China decreased by 4.35%. Product prices in China reflected sustained softness across furniture and insulation applications. Steady raw material inflows and muted consumption continued to pressure local producers. Flexible Polyol prices in September 2025 highlighted market restraint and cautious procurement behavior among major downstream buyers.

Polyol Price Trend Analysis: Q2 2025

According to PriceWatch, Polyol prices on an FOB Jurong basis in Singapore averaged USD 1,165 per metric ton in Q2 2025, showing a moderate rise of 2.01% from Q1 2025. On an FOB Jeddah basis in Saudi Arabia, prices moved higher to USD 1,070 per metric ton, registering a 6.36% increase compared to the previous quarter. However, in China, the PriceWatch data showed contrasting movements.

The price for Polymer Polyol (F3145P) averaged USD 1,206 per metric ton in Q2 2025, marking a 3.52% decline. Similarly, the Flexible Polyol (F3156D) grade from China was assessed at USD 1,081 per metric ton, down by 1.55% quarter-over-quarter. The global price trend in Q2 showed a mixed direction, reflecting regional market dynamics and varied feedstock availability.

The Q2 price trend was influenced by rising upstream costs in the Middle East and Southeast Asia, while manufacturing slowdowns in China capped gains. The global price trend displayed a bifurcated movement, with Middle Eastern and Southeast Asian suppliers maintaining higher pricing, while East Asian producers experienced slight corrections. The global Polyol market stayed cautiously optimistic, with sellers balancing between maintaining margins and preserving competitive positions amid shifting global trade flows. 

According to PriceWatch, Polyol prices on a CIF Nhava Sheva, India basis averaged USD 1,210 per metric ton in Q2 2025, reflecting a 1.51% increase compared to Q1 2025. Prices on an Ex-Mumbai basis stood at USD 1,495 per metric ton in Q2 2025, recording a 1.15% quarterly gain. The Indian price trend showed a stable yet firm upward movement as buyers responded to stronger end-use demand in foam and automotive segments.

The price trend followed global trends, closely mirroring changes in CIF offers from Singapore and the Middle East. Domestic producers adjusted prices, accordingly, maintaining alignment with international cost pressures. The Indian price trend exhibited minor upward movement throughout the quarter, supported by limited local production and consistent consumption.

The Indian market remained reliant on imports, with buyers seeking competitive deals amidst softening East Asian offers. Suppliers balanced between inventory management and demand-side anticipation to sustain price stability across the quarter. 

In Q1 2025, Singapore Polyol prices edged down further to $1,142/ton in Q1 2025, a 2.14% decrease from Q4. Sluggish demand recovery and cautious buying activity kept prices under pressure despite steady operations in key downstream applications. Saudi prices slipped to $1,006/ton, marking a 2.52% decrease.

Despite stable downstream operations, persistent market oversupply and cautious sentiment kept prices trending downward. Chinese Polyol F3145 continued to soften to $1,251/ton by 1.34%, reflecting tepid downstream activity. F3156 declined to $1,097/ton by 3.86% as oversupply and weak sentiment weighed on prices. 

In Q1 2025, prices declined further to $1,192/ton, a 3.01% decrease from the previous quarter. Despite stable operations in end-use sectors, buyer hesitancy and global price softness kept domestic levels under pressure. Indian Polyol market dropped to $ 1478 / MT in Q1 2025, marking a -4.65% decrease.  

Polyol Price Trend Analysis: Q4 2024

In Q4 2024, Singapore prices saw a significant drop to $1,167/ton, marking a 14.57% decrease. Weak export demand, ample inventories, and softening feedstock prices contributed to the steep decline across regional markets. Saudi Polyol Prices eased further to $1,032/ton in Q4 2024, down 2.64%.

The decline reflected continued pressure from weak export activity and conservative purchasing by downstream manufacturers. Chinese Polyol F3145 dropped to $1,268/ton by 6.35% under feedstock pressure and weak demand. F3156 saw a sharper fall to $1,141/ton by 7.61% amid high inventory and export challenges. 

In Q4 2024 Polyol Prices fell significantly to $1,229/ton, marking a 14.77% drop. Softer demand, higher inventories, and lower raw material costs led to a pronounced market correction. Indian Polyol decreased further to $1550 /MT in Q4 2024, down 6.74%. 

In Q3 2024, Singapore Polyol prices corrected to $1,366/ton in Q3 2024, a 4.54% decline. The dip followed easing supply constraints and slightly moderated demand from end-use sectors such as furniture and insulation. Saudi Arabian Polyol prices dropped sharply to $1,060/ton in Q3 2024, a 9.71% fall.

Softer regional demand and increased supply from local producers weighed heavily on the market during this period. Chinese Polyol F3145 eased to $1,354/ton by 1.17% due to limited market momentum. F3156 dipped to $1,235/ton by 0.96% as buying slowed despite stable output. 

In Q3 2024, Polyol prices dipped slightly to $1,442/ton in Q3 2024, down 3.03%. The correction followed easing supply constraints and more cautious purchasing behaviour from manufacturers. Indian Polyol fell to $1662/MT , a 5.68% decline. The drop was attributed to seasonal slowdowns and tightening global demand, despite India’s competitive positioning in the international market. 

In Q2 2024, Singapore Prices surged to $1,431/ton in Q2 2024, up 12.59% from the previous quarter. This sharp rise was driven by tight supply conditions, stronger regional demand, and increased input costs for raw materials like propylene oxide. Saudi Prices increased to $1,174/ton in Q2 2024, a 2.18% rise from Q1.

The uptick was supported by improved export demand and slightly firmer raw material costs, especially for propylene oxide. Chinese Polyol F3145 rose slightly to $1,370/ton by 1.18% on mild demand recovery. F3156 surged to $1,247/ton by 7.31% driven by tighter supply and increased construction sector activity. 

In Q2 2024, Prices surged to $1,487/ton in Q2 2024, a 12.65% jump. Tight regional supply and robust downstream demand, particularly in furniture and insulation, contributed to the sharp price escalation. Indian Polyol surged to $1762/ton in Q2 2024, marking a 5.76% increase. Continued global demand during this period. 

In Q1 2024, Polyol prices in Singapore rose to $1,271/ton, a 2.42% increase from $1,241/ton in Q4 2023. The rise was attributed to steady demand from the construction and automotive sectors, alongside slightly higher feedstock costs. Polyol prices in Saudi Arabia slightly declined to $1,149/ton in Q1 2024, down 0.43% from $1,154/ton in Q4 2023.

The marginal dip was due to stable feedstock availability and consistent demand from insulation and automotive sectors. Chinese Polyol F3145 slipped to $1,354/ton by 4.66% as market sentiment turned cautious. F3156 declined to $1,162/ton by 4.68% amid moderate demand and stable feedstock supply. 

In Q1 2024, Polyol prices in India increased to $1,320/ton, up 4.76%. The increase was fuelled by robust demand from the automotive and construction industries, along with rising feedstock costs. Indian Polyol saw a rise to $ 1666/MT in Q1 2024, reflecting a 13.57% increase from $1467/MT in Q4 2023.  

Technical Specifications of Polyol Price Trends

Product Description

Polyol is a multifunctional alcohol containing multiple hydroxyl groups, primarily used as a key raw material in polyurethane production. It reacts with di-isocyanates to form versatile polyurethane products, which can be flexible or rigid. Polyols contribute to the durability, flexibility, and insulating properties of foams used in mattresses, furniture, automotive parts, and insulation materials. They can be derived from petrochemical sources or renewable materials, offering tailored solutions for diverse industrial applications.

Identifiers and Classification:

  • CAS No – 9082-00-2
  • HS Code – 39072990
  • Molecular Weight (in gm/mol) – 2500 – 6000


Polyol Synonyms:

  • Polyether Polyol
  • Polyether Triol


Polyol Grades Specific Price Assessment:

  • Molecular weight: 3000, Viscosity: 530 mPa.s, Hydroxyl no: 54.5-58.5
  • Molecular weight: 3000, Viscosity: 550-650 mPa.s, Hydroxyl no: 53-59
  • Polymer Polyol, Molecular weight: 6000, viscosity: <5000 (mPa.s)
  • Flexible Polyol, Molecular Weight: 2500-2800, viscosity: 450-750 (mPa.s)


Polyol Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 20-25 MT, 10-15 MT(India)
  • Packaging Type (Product & Country Specific): Flexi Tanks, Drums


Incoterms Referenced in Polyol Price Reporting

Shipping Term  Location  Definition 
FOB Jurong  Jurong, Singapore  Polyol Export price from Singapore 
FOB Jeddah  Jeddah, Saudi Arabia  Polyol Export price from Saudi Arabia 
CIF Nhava Sheva  Nhava Sheva, India  Polyol Import price in India from Singapore 
Ex- Mumbai  Mumbai, India  Domestically Traded Polyol price in Mumbai 
FOB Qingdao  Qingdao, China  Polyol Export price from China 
FOB Qingdao  Qingdao, China  Polyol Export price from China 

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

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

Key Polyol Manufacturers and their brands

Brand Name  Manufacturer 
ARCOL  Covestro 
VORANOL  Dow 
CARADOL  Shell 
WANOL  Wanhua 
WANELAST  Wanhua 
GENIX  GC Polyols 
KONIX  KPX chemical 

Polyol Industrial Applications

polyol market share end use

Historically, several events have caused significant fluctuations in Polyol prices

  • (2023-Present) Israel-Hamas Conflict: The ongoing conflict has led to regional disruptions and uncertainties that are affecting supply chains and pricing for various chemicals, including polyols. Geopolitical tensions often contribute to global market volatility. 
  • (2022-Present) Russia-Ukraine Conflict: The geopolitical conflict has disrupted European polyol production, leading to increased costs and significant global price volatility. 
  • (2021) Texas Winter Storm: Severe winter weather caused production halts in Texas, leading to temporary spikes in polyol prices due to supply shortages. 
  • (2020) COVID-19 Pandemic: The pandemic initially reduced demand due to decreased industrial activity but later caused a surge in demand, particularly for Slab stock Foams, leading to increased prices and market volatility. 
  • (2018-2019) U.S.-China Trade War: Trade tariffs and barriers during the trade war disrupted global supply chains, contributing to polyol price fluctuations due to increased costs and altered trade flows. 

 

These events underscore the Polyol market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics. 

Why PriceWatch?

PriceWatch is your trusted resource for tracking global polyol price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the polyol 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 polyol prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely polyol market data.

Track PriceWatch's polyol 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 data from a broad spectrum of sources, including global commodity exchanges, industry reports, and proprietary databases. This approach ensures that our assessments reflect the most current market conditions for polyol. 
  • On-the-Ground Intelligence: Our team collects insights directly from key market participants, including producers, suppliers, traders, and end-users, across major polyol production hubs. This ground-level intelligence is essential for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire polyol supply chain, from raw material availability (e.g., propylene oxide, ethylene oxide) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics. 

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, that can significantly impact polyol prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing. 
  • Natural Disasters and Climate Events: We evaluate the impact of natural disasters, such as hurricanes or winter storms, on polyol production facilities, especially in vulnerable regions like the U.S. Gulf Coast. These events are incorporated into our price forecasts and supply outlooks. 
  • Economic Shifts: PriceWatch assesses macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, construction), to predict shifts in polyol demand and corresponding price movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global polyol production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to accurately assess current supply availability. 
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming polyol production capacities, considering new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization. 

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments. 
  • Global Demand Dynamics: Our methodology takes into account regional demand variations and how they influence global polyol pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations. 

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch employs advanced econometric models to forecast polyol prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continually refined to enhance accuracy and predictive power. 
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice. 

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

Polyol 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 polyol. 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 pricing of polyol is influenced by several key factors, including the cost of raw materials such as propylene oxide, glycerine, and other feedstocks. Additionally, fluctuations in crude oil prices, supply-demand dynamics, production capacity, and regional market conditions play significant roles. Environmental regulations and the push for sustainable materials can also impact pricing. Procurement heads should closely monitor these variables to make informed purchasing decisions.

Changes in raw material costs, particularly for feedstocks like propylene oxide and glycerine, directly affect polyol pricing trends. When raw material prices increase due to supply constraints or market volatility, polyol prices typically rise as producers pass on these costs. Conversely, a decrease in raw material costs can lead to lower polyol prices. Procurement heads should regularly track raw material markets to anticipate potential pricing fluctuations and adjust their procurement strategies accordingly.

The price outlook for polyol is shaped by global supply-demand dynamics, raw material trends, and economic conditions. In the near term, procurement heads should expect potential price volatility influenced by changes in feedstock availability and production capacities. To prepare for future cost changes, procurement teams should engage in strategic sourcing, consider long-term contracts with suppliers, and explore alternative suppliers to mitigate risks associated with price fluctuations and ensure stable supply.

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