Singapore
Saudi Arabia
India
ChinaIn 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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
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. Â
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.Â
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. Â
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.Â
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.Â
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%.Â
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Polyol is a versatile compound commonly used in the production of polyurethanes, plastics, adhesives, coatings, and foams. With its hydroxyl group, polyol serves as a key building block in manufacturing flexible and rigid foams, offering superior durability and insulation properties. It is also used in the creation of synthetic rubbers, sealants, and elastomers. Polyol's ability to improve the mechanical strength, flexibility, and thermal stability of materials makes it essential in industries like automotive, construction, and furniture. Its wide range of applications ensures its importance in various manufacturing processes.
Packaging Type
Polyol Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
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 Table:Â
| Properties | Value | Units |
| Appearance | Colourless to pale liquid |   |
| Viscosity@ 25℃ | 530 | mPa.s |
| Density @ 25℃ | 1.03 | g/cm³ |
| Molecular Weight | 3000 | g/mol |
| Water Content | 0.08 | Wt.% |
| Colour | ≤ 35 | APHA |
| Hydroxyl number | 53 – 59 | mg KOH/g |
| Acidity | ≤ 0.030 | mg KOH/g |
Â
| Properties | Value | Units |
| Appearance | Clear liquid |   |
| Viscosity@ 25℃ | 550 – 650 | mPa.s |
| Density @ 25℃ | 1.02 | g/cm³ |
| Molecular Weight | 3000 | g/mol |
| Water Content | 0.08 | Wt.% |
| Colour | 0 to 40 | APHA |
| Hydroxyl number | 54.5 – 58.5 | Mg KOH/g |
Â
| Properties | Value | Units |
| Appearance | Milky white, pale yellow to deep yellow viscous liquid |  |
| Viscosity  | <=6500 | mPa.s |
| Relative density | 1.02 |  |
| pHÂ | 6 to 9Â | Â |
| Odor | Odorless |  |
| Molecular Weight | 6000 | g/mol |
Â
| Properties | Value | Units |
| Appearance | No suspended matter, no mechanical impurities in uniform viscous liquid. |  |
| Viscosity (cSt) | 450-600 | mPa.s |
| Relative density | 1.02 |  |
| pHÂ | 5 to 7Â | Â |
| Molecular Weight | 2500 – 2800 | g/mol |
Polyol Applications
Polyols, particularly polyether polyols, are vital in various applications, especially in the automotive, slab stock foam, and construction industries. In the automotive sector, polyols are used to produce flexible and rigid forms for seating, dashboards, and insulation, significantly enhancing comfort and reducing vehicle weight. In slab stock foam applications, polyols are key in creating high-density cushioning materials for furniture, mattresses, and packaging. These foams are known for their durability and resilience, making them ideal for products that require long-lasting comfort and support. In construction, polyols are essential for producing insulation foams that enhance energy efficiency in buildings. These foams are applied in roofing, walls, and floors, providing thermal resistance and reducing energy consumption. They also contribute to soundproofing and moisture control, improving indoor comfort. Overall, the versatility and performance of polyols make them indispensable in these sectors, driving innovation and sustainability in modern applications.Â
These events underscore the Polyol market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.Â
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.
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.Â
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Polyol is a versatile compound commonly used in the production of polyurethanes, plastics, adhesives, coatings, and foams. With its hydroxyl group, polyol serves as a key building block in manufacturing flexible and rigid foams, offering superior durability and insulation properties. It is also used in the creation of synthetic rubbers, sealants, and elastomers. Polyol's ability to improve the mechanical strength, flexibility, and thermal stability of materials makes it essential in industries like automotive, construction, and furniture. Its wide range of applications ensures its importance in various manufacturing processes.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
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 Table:Â
| Properties | Value | Units |
| Appearance | Colourless to pale liquid |   |
| Viscosity@ 25℃ | 530 | mPa.s |
| Density @ 25℃ | 1.03 | g/cm³ |
| Molecular Weight | 3000 | g/mol |
| Water Content | 0.08 | Wt.% |
| Colour | ≤ 35 | APHA |
| Hydroxyl number | 53 – 59 | mg KOH/g |
| Acidity | ≤ 0.030 | mg KOH/g |
Â
| Properties | Value | Units |
| Appearance | Clear liquid |   |
| Viscosity@ 25℃ | 550 – 650 | mPa.s |
| Density @ 25℃ | 1.02 | g/cm³ |
| Molecular Weight | 3000 | g/mol |
| Water Content | 0.08 | Wt.% |
| Colour | 0 to 40 | APHA |
| Hydroxyl number | 54.5 – 58.5 | Mg KOH/g |
Â
| Properties | Value | Units |
| Appearance | Milky white, pale yellow to deep yellow viscous liquid |  |
| Viscosity  | <=6500 | mPa.s |
| Relative density | 1.02 |  |
| pHÂ | 6 to 9Â | Â |
| Odor | Odorless |  |
| Molecular Weight | 6000 | g/mol |
Â
| Properties | Value | Units |
| Appearance | No suspended matter, no mechanical impurities in uniform viscous liquid. |  |
| Viscosity (cSt) | 450-600 | mPa.s |
| Relative density | 1.02 |  |
| pHÂ | 5 to 7Â | Â |
| Molecular Weight | 2500 – 2800 | g/mol |
Applications
Polyols, particularly polyether polyols, are vital in various applications, especially in the automotive, slab stock foam, and construction industries. In the automotive sector, polyols are used to produce flexible and rigid forms for seating, dashboards, and insulation, significantly enhancing comfort and reducing vehicle weight. In slab stock foam applications, polyols are key in creating high-density cushioning materials for furniture, mattresses, and packaging. These foams are known for their durability and resilience, making them ideal for products that require long-lasting comfort and support. In construction, polyols are essential for producing insulation foams that enhance energy efficiency in buildings. These foams are applied in roofing, walls, and floors, providing thermal resistance and reducing energy consumption. They also contribute to soundproofing and moisture control, improving indoor comfort. Overall, the versatility and performance of polyols make them indispensable in these sectors, driving innovation and sustainability in modern applications.Â
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.