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Polypropylene Glycol (ppg) Price Trend and Forecast

UNSPC code: 12162001
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026

polypropylene glycol (ppg) Price Trends by Country

thThailand
auAustralia
inIndia
deGermany
saSaudi Arabia
trTurkey
usUnited States
krSouth Korea

Global polypropylene glycol (ppg) Spot Market Prices, Trend Analysis and Forecast

Price Watch™ provides real-time price assessments and price forecasts for Polypropylene Glycol across top trading regions:

Polypropylene Glycol Regional Coverage Polypropylene Glycol Grade and Country Coverage Polypropylene Glycol Pricing Data Coverage Explanation
Asia Polypropylene Glycol Pricing Analysis Polypropylene Glycol Molecular Weight 1000, Viscosity 135–165 FOB Prices at Busan Port, South Korea Weekly Price Update on Polypropylene Glycol Real-Time Export Prices from Busan Port, South Korea to Global Markets
Polypropylene Glycol Molecular Weight 1000, Viscosity 135–165 FOB Prices at Laem Chabang Port, Thailand Weekly Price Update on Polypropylene Glycol Real-Time Export Prices from Laem Chabang Port, Thailand to Global Markets
Polypropylene Glycol Molecular Weight 1000, Viscosity 135–165 CIF Prices at Nhava Sheva Port, India Importing from South Korea Weekly Price Update on Polypropylene Glycol Real-Time Import Prices at Nhava Sheva Port, India from South Korea
Europe Polypropylene Glycol Pricing Analysis Polypropylene Glycol Molecular Weight 1000, Viscosity 135–165 CIF Prices at Hamburg Port, Germany Importing from South Korea Weekly Price Update on Polypropylene Glycol Real-Time Import Prices at Hamburg Port, Germany from South Korea
Polypropylene Glycol Molecular Weight 1000, Viscosity 135–165 CIF Prices at Mersin Port, Turkey Importing from South Korea Weekly Price Update on Polypropylene Glycol Real-Time Import Prices at Mersin Port, Turkey from South Korea
North America Polypropylene Glycol Pricing Analysis Polypropylene Glycol Molecular Weight 1000, Viscosity 135–165 CIF Prices at Houston Port, USA Importing from South Korea Weekly Price Update on Polypropylene Glycol Real-Time Import Prices at Houston Port, USA from South Korea
Oceania Polypropylene Glycol Pricing Analysis Polypropylene Glycol Molecular Weight 1000, Viscosity 135–165 CIF Prices at Melbourne Port, Australia Importing from South Korea Weekly Price Update on Polypropylene Glycol Real-Time Import Prices at Melbourne Port, Australia from South Korea
Middle East Polypropylene Glycol Pricing Analysis Polypropylene Glycol Molecular Weight 1000, Viscosity 135–165 CIF Prices at Jeddah Port, Saudi Arabia Importing from South Korea Weekly Price Update on Polypropylene Glycol Real-Time Import Prices at Jeddah Port, Saudi Arabia from South Korea

Polypropylene Glycol (PPG) Price Trend Q1 2026

In Q1 2026, the global Polypropylene Glycol (PPG) market showed a notable improvement in pricing, with polypropylene glycol price trend movements ranging from approximately 2% to 8% compared to Q4 2025.

South Korea, as the primary exporter, saw an increase in FOB prices, driven by a recovery in downstream demand, particularly from industries such as construction, automotive, and personal care.

These sectors experienced stronger activity as manufacturing conditions improved globally. India, Australia, and Germany, key importing countries, saw an uptick in prices as industrial demand strengthened, particularly in coatings, plastics, and lubricants.

The USA, Turkey, and Saudi Arabia also witnessed price increases, reflecting improved market sentiment and rising consumption in key sectors. The polypropylene glycol price trend rise is further supported by stable feedstock availability from propylene oxide and tighter supply as demand outpaced production capabilities.

In general, the market showed signs of recovery, with stronger industrial demand, improved supply chain dynamics, and more optimistic procurement strategies continuing to push prices upward during the quarter.

South Korea: Polypropylene Glycol (PPG) export prices FOB Busan, South Korea; Grade- Molecular Weight 1000 _Viscosity 135-165

In Q1 2026, the polypropylene glycol price trend in South Korea has recovered firmly, rising by 4.00% as compared to the previous quarter average on an FOB basis, driven by gradually firming upstream feedstock costs and meaningfully improved downstream demand from polyurethane and specialty chemical manufacturing sectors across key export destinations.

The market has witnessed a meaningful resurgence in export procurement activity as supply tightness concerns have re-emerged, pushing Polypropylene Glycol prices in South Korea onto a positive upward trajectory throughout the quarter. International buyers have accelerated purchasing to secure forward volumes.

In March 2026, Polypropylene Glycol price in South Korea has surged sharply by 14.00% as compared to the previous month average, driven by Middle East war supply disruptions, constrained raw material availability, elevated freight costs, and intensifying logistical bottlenecks amplifying short-term price volatility for Polypropylene Glycol in South Korea.

Thailand: Polypropylene Glycol (PPG) export prices FOB Laem Chabang, Thailand; Grade- Molecular Weight 1000 _Viscosity 135-165

In Q1 2026, the Polypropylene Glycol price trend in Thailand has recovered modestly, advancing by 3.00% as compared to the previous quarter average on an FOB basis, driven by gradually firming upstream feedstock costs and improving downstream demand from polyurethane and specialty chemical manufacturing sectors across key international export markets.

The market has witnessed a cautious yet meaningful resurgence in export procurement activity as supply tightness concerns have re-emerged, pushing Polypropylene Glycol prices in Thailand onto a marginally positive upward trajectory throughout the quarter. International buyers have selectively accelerated purchasing to secure available volumes.

In March 2026, Polypropylene Glycol price in Thailand has surged by 12.00% as compared to the previous month average, driven by Middle East war supply disruptions, constrained raw material availability, elevated freight costs, and intensifying logistical bottlenecks amplifying short-term price volatility for Polypropylene Glycol in Thailand.

India (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Nhava Sheva, India; Grade- Molecular Weight 1000 _Viscosity 135-165

In Q1 2026, the Polypropylene Glycol price trend in India has rebounded strongly, climbing by 8.00% as compared to the previous quarter average on a CIF basis, driven by sharply rising import freight costs and significantly improved downstream demand from domestic polyurethane, surfactant, and specialty chemical manufacturing sectors.

The market has witnessed an intensified resurgence in import procurement activity as supply tightness concerns have re-emerged considerably, pushing ppg price trend in India onto a firm upward trajectory throughout the quarter. Indian importers have urgently accelerated purchasing to secure forward volumes amid tightening availability.

In March 2026, ppg price trend in India has surged exceptionally by 19.00% as compared to the previous month average, driven by Middle East war supply disruptions, critically constrained import availability, sharply elevated CIF freight costs, and surging procurement urgency amplifying short-term price volatility for Polypropylene Glycol in India.

Australia (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Melbourne, Australia; Grade- Molecular Weight 1000 _Viscosity 135-165

In Q1 2026, the polypropylene glycol price trend in Australia has recovered marginally, edging higher by 1.00% as compared to the previous quarter average on a CIF basis, driven by gradually firming import freight costs and modestly improving downstream demand from domestic polyurethane and specialty chemical manufacturing sectors.

The market has witnessed a cautious yet measurable resurgence in import procurement activity as supply tightness concerns have begun re-emerging, pushing Polypropylene Glycol prices in Australia onto a barely positive trajectory throughout the quarter. Australian importers have selectively increased purchasing amid tightening availability.

In March 2026, Polypropylene Glycol price in Australia has surged strongly by 13.00% as compared to the previous month average, driven by Middle East war supply disruptions, constrained import availability, elevated CIF freight costs, and renewed procurement urgency amplifying short-term price volatility for Polypropylene Glycol in Australia.

Germany (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Hamburg, Germany; Grade- Molecular Weight 1000 _Viscosity 135-165

In Q1 2026, the polypropylene glycol price trend in Germany has recovered moderately, advancing by 4.00% as compared to the previous quarter average on a CIF basis, driven by firming import freight costs and meaningfully improving downstream demand from domestic polyurethane and specialty chemical manufacturing sectors.

The market has witnessed a measurable resurgence in import procurement activity as supply tightness concerns have intensified across European import channels, pushing Polypropylene Glycol prices in Germany onto a positive upward trajectory throughout the quarter. German importers have selectively accelerated purchasing to hedge against further price escalation.

In March 2026, Polypropylene Glycol price in Germany has surged sharply by 13.00% as compared to the previous month average, driven by Middle East war supply disruptions, constrained import availability, elevated CIF freight costs, and heightened procurement urgency amplifying short-term price volatility for Polypropylene Glycol in Germany.

Saudi Arabia (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Jeddah, Saudi Arabia; Grade- Molecular Weight 1000 _Viscosity 135-165

In Q1 2026, the Polypropylene Glycol price trend in Saudi Arabia has rebounded strongly, climbing by 8.00% as compared to the previous quarter average on a CIF basis, driven by sharply rising import freight costs and significantly improved downstream demand from regional polyurethane, surfactant, and specialty chemical manufacturing sectors.

The market has witnessed an intensified resurgence in import procurement activity as supply tightness concerns have re-emerged considerably, pushing Polypropylene Glycol prices in Saudi Arabia onto a firm upward trajectory throughout the quarter. Saudi Arabian importers have urgently accelerated purchasing to secure forward volumes.

In March 2026, Polypropylene Glycol price in Saudi Arabia has surged exceptionally by 22.00% as compared to the previous month average, driven by Middle East war supply disruptions, critically constrained import availability, sharply elevated CIF freight costs, and surging regional procurement urgency amplifying extraordinary short-term price volatility for Polypropylene Glycol in Saudi Arabia.

Turkey (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Mersin, Turkey; Grade- Molecular Weight 1000 _Viscosity 135-165

In Q1 2026, the polypropylene glycol price trend in Turkey has recovered solidly, rising by 6.00% as compared to the previous quarter average on a CIF basis, driven by firming import freight costs and meaningfully improved downstream demand from domestic polyurethane, surfactant, and specialty chemical manufacturing sectors.

The market has witnessed a notable resurgence in import procurement activity as supply tightness concerns have intensified considerably, pushing Polypropylene Glycol prices in Turkey onto a firm upward trajectory throughout the quarter. Turkish importers have accelerated purchasing urgently to secure forward volumes amid tightening availability.

In March 2026, Polypropylene Glycol price in Turkey has surged sharply by 13.00% as compared to the previous month average, driven by Middle East war supply disruptions, constrained import availability, elevated CIF freight costs, and heightened procurement urgency amplifying short-term price volatility for Polypropylene Glycol in Turkey.

USA (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Houston, USA; Grade- Molecular Weight 1000 _Viscosity 135-165

In Q1 2026, the polypropylene glycol price trend in the USA has recovered marginally, edging higher by 2.00% as compared to the previous quarter average on a CIF basis, driven by gradually firming transoceanic import freight costs and modestly improving downstream demand from domestic polyurethane and specialty chemical manufacturing sectors.

The market has witnessed a cautious yet measurable resurgence in import procurement activity as supply tightness concerns have begun re-emerging, pushing Polypropylene Glycol prices in the USA onto a barely positive trajectory throughout the quarter. American importers have selectively increased purchasing amid tightening availability.

In March 2026, Polypropylene Glycol price in the USA has surged strongly by 16.00% as compared to the previous month average, driven by Middle East war supply disruptions, constrained import availability, sharply elevated transoceanic freight costs, and renewed procurement urgency amplifying significant short-term price volatility for Polypropylene Glycol in USA.

Polypropylene Glycol (PPG) Price Trend Analysis: Q4 2025

In Q4 2025, the global Polypropylene Glycol (PPG) market exhibited a broadly bearish performance, with prices decreasing across regions, ranging from approximately 1% to 5% compared to Q3 2025.

In South Korea, FOB prices for PPG dropped, largely due to reduced demand from downstream industries such as automotive, construction, and personal care. This is driven by slower industrial activity, softer consumption in the coatings and plastics sectors, and an overall cautious sentiment in the market.

India, Australia, and Germany, as major importing countries, also witnessed price pressure, as the slowdown in industrial demand and uncertainty in global economic conditions dampened purchasing activities.

Turkey, USA, and Saudi Arabia experienced similar trends, with PPG prices decreasing due to a combination of weaker demand and competitive imports. Despite stable feedstock availability from propylene oxide, the market remained oversupplied, and procurement strategies stayed restrained.

In general, market conditions in Q4 2025 are subdued, underpinned by soft industrial demand, manageable supply chain dynamics, and moderate logistical costs, with regional demand fluctuations continuing to dictate price trends.

South Korea: (PPG export prices FOB Busan, South Korea; Grade- Molecular Weight 1000 _Viscosity 135-165)

In Q4 2025, the Polypropylene Glycol price trend in South Korea has declined by 3.00% as compared to the previous quarter average on an FOB basis, reflecting a softening export market environment shaped by weakening downstream demand from polyurethane, surfactant, and specialty chemical consuming sectors alongside easing upstream feedstock cost pressures.

The market has displayed broadly subdued export momentum as South Korean producers have faced reduced international procurement activity and comfortable competing supply availability. Polypropylene Glycol prices in South Korea have faced consistent downward pressure throughout the quarter.

In December 2025, Polypropylene Glycol price in South Korea has eased further by 1.00% as compared to the previous month average, reflecting continued seasonal demand weakness and inventory destocking among international buyers, sustaining mild downward pressure on Polypropylene Glycol prices in South Korea.

Thailand: (PPG export prices FOB Laem Chabang, Thailand; Grade- Molecular Weight 1000 _Viscosity 135-165)

In Q4 2025, the Polypropylene Glycol price trend in Thailand has declined by 4.00% as compared to the previous quarter average on an FOB basis, reflecting a softening export market environment driven by weakening downstream demand from polyurethane, surfactant, and specialty chemical consuming sectors alongside easing upstream feedstock cost pressures.

The market has displayed broadly subdued export momentum as Thai producers have encountered reduced international procurement activity and comfortable competing supply availability from regional origins. Polypropylene Glycol prices in Thailand have faced persistent downward pressure throughout the quarter.

In December 2025, Polypropylene Glycol price in Thailand has slipped further by 1.00% as compared to the previous month average, reflecting continued seasonal demand weakness and inventory destocking among international buyers, sustaining downward pressure on Polypropylene Glycol prices in Thailand.

India (CIF from South Korea): (PPG Import prices CIF Nhava Sheva, India; Grade- Molecular Weight 1000 _Viscosity 135-165)

In Q4 2025, the Polypropylene Glycol price trend in India has edged down marginally by 0.49% as compared to the previous quarter average on a CIF basis, reflecting a broadly stagnant import market shaped by subdued downstream demand from polyurethane and specialty chemical consuming sectors alongside stable landed cost pressures.

The market has displayed restrained buying momentum as Indian importers have maintained cautious procurement strategies amid comfortable import supply availability from key exporting origins. Polypropylene Glycol prices in India have struggled to establish meaningful directional movement throughout the quarter.

In December, however, the Polypropylene Glycol price trend in India has nudged higher by 1.00% as compared to the previous month average, supported by mild restocking activity and firming import costs, lending modest upward support to Polypropylene Glycol prices in India.

Australia (CIF from South Korea): (PPG Import prices CIF Melbourne, Australia; Grade- Molecular Weight 1000 _Viscosity 135-165)

In Q4 2025, the Polypropylene Glycol price trend in Australia has declined by 1.00% as compared to the previous quarter average on a CIF basis, reflecting a softening import market environment shaped by subdued downstream demand from polyurethane and specialty chemical consuming sectors alongside easing landed cost pressures from key supplying origins.

The market has displayed restrained buying momentum as Australian importers have adopted cautious procurement strategies amid comfortable import supply availability. Polypropylene Glycol prices in Australia have faced mild yet consistent downward pressure throughout the quarter.

In December 2025, Polypropylene Glycol price in Australia has slipped further by 2.00% as compared to the previous month average, reflecting pronounced seasonal demand deceleration and deliberate inventory destocking among downstream buyers, sustaining downward pressure on Polypropylene Glycol prices in Australia.

Germany (CIF from South Korea): (PPG Import prices CIF Hamburg, Germany; Grade- Molecular Weight 1000 _Viscosity 135-165)

In Q4 2025, the Polypropylene Glycol price trend in Germany has declined by 4.00% as compared to the previous quarter average on a CIF basis, reflecting a softening import market environment driven by weakening downstream demand from polyurethane, surfactant, and specialty chemical manufacturing sectors alongside easing landed cost pressures from key supplying origins.

The market has displayed broadly subdued buying momentum as German importers have maintained cautious procurement strategies amid comfortable competing import supply availability. Polypropylene Glycol prices in Germany have faced persistent downward pressure throughout the quarter.

In December 2025, Polypropylene Glycol price in Germany has edged marginally lower by 0.40% as compared to the previous month average, reflecting continued seasonal demand softening and slight inventory adjustments among downstream buyers, barely sustaining downward pressure on Polypropylene Glycol prices in Germany.

Saudi Arabia (CIF from South Korea): (PPG Import prices CIF Jeddah, Saudi Arabia; Grade- Molecular Weight 1000 _Viscosity 135-165)

In Q4 2025, the Polypropylene Glycol price trend in Saudi Arabia has declined by 3.00% as compared to the previous quarter average on a CIF basis, reflecting a softening import market environment shaped by weakening downstream demand from polyurethane and specialty chemical consuming sectors alongside easing landed cost pressures from key supplying origins.

The market has displayed subdued buying momentum as Saudi Arabian importers have maintained cautious procurement strategies amid comfortable competing import supply availability. Polypropylene Glycol prices in Saudi Arabia have faced consistent downward pressure throughout the quarter.

In December, however, the Polypropylene Glycol price trend in Saudi Arabia has nudged higher by 1.00% as compared to the previous month average, supported by mild restocking activity and marginally firming import costs, lending modest upward support to Polypropylene Glycol prices in Saudi Arabia.

Turkey (CIF from South Korea): (PPG Import prices CIF Mersin, Turkey; Grade- Molecular Weight 1000 _Viscosity 135-165)

In Q4 2025, the Polypropylene Glycol price trend in Turkey has declined by 2.00% as compared to the previous quarter average on a CIF basis, reflecting a softening import market environment driven by weakening downstream demand from polyurethane and specialty chemical consuming sectors alongside currency-related cost pressures and easing landed import valuations.

The market has displayed subdued buying momentum as Turkish importers have maintained cautious procurement strategies amid comfortable competing import supply availability from key exporting origins. Polypropylene Glycol prices in Turkey have faced consistent mild downward pressure throughout the quarter.

In December, however, the Polypropylene Glycol price trend in Turkey has nudged higher by 1.00% as compared to the previous month average, supported by mild restocking activity and marginally firming import costs, lending modest upward support to Polypropylene Glycol prices in Turkey.

USA (CIF from South Korea): (PPG Import prices CIF Houston, USA; Grade- Molecular Weight 1000 _Viscosity 135-165)

In Q4 2025, the Polypropylene Glycol price trend in the USA has declined by 3.00% as compared to the previous quarter average on a CIF basis, reflecting a softening import market environment driven by weakening downstream demand from polyurethane and specialty chemical consuming sectors alongside easing transoceanic freight and landed cost pressures.

The market has displayed broadly subdued buying momentum as American importers have maintained conservative procurement strategies amid comfortable competing import supply availability from multiple origins. Polypropylene Glycol prices in the USA have faced consistent downward pressure throughout the quarter.

In December 2025, Polypropylene Glycol price in the USA has fallen sharply by 6.00% as compared to the previous month average, reflecting pronounced seasonal demand deceleration and aggressive inventory destocking among downstream manufacturers, significantly intensifying downward pressure on Polypropylene Glycol prices in the USA.

In Q3 2025, the global Polypropylene Glycol (PPG) market saw a price decline of 2-3% from Q2, driven by reduced demand from key sectors like polyurethane foams and coatings. Oversupply from major producers, particularly in Asia, and weaker consumption in end-use applications such as plasticizers and lubricants contributed to the drop.

Despite stable feedstock and energy prices, the market faced inventory destocking and lower industrial activity. A recovery is expected in Q4, depending on demand from industries like automotive and construction.

South Korea: Polypropylene Glycol (PPG) export prices FOB Busan, South Korea, Grade- Molecular Weight 1000 _Viscosity 135-165.

In Q3 2025, Polypropylene Glycol prices in South Korea dipped by 1.42% compared to Q2 2025. Polypropylene Glycol price trend in South Korea was influenced by less demand from key sectors like automotive and coatings, which faced slower production. Though production remained stable, oversupply conditions and rising freight costs contributed to the price decline.

The reduction in demand from downstream industries further pressured prices. Polypropylene Glycol prices in September 2025 in South Korea went on to show a downward trend. The outlook for Q4 2025 suggests that prices may remain volatile, based on recovery in downstream industries and global supply chain adjustments.

Thailand: Polypropylene Glycol (PPG) export prices FOB Laem Chabang, Thailand, Grade- Molecular Weight 1000 _Viscosity 135-165.

In Q3 2025, Polypropylene Glycol prices in Thailand decreased by 1.00% compared to Q2 2025. Polypropylene Glycol price trend in Thailand was influenced by reduced demand from industries such as automotive and chemical production, which faced slowdowns in activity. Freight costs also saw a slight increase, adding additional pressure to prices.

In spite of stable production levels, the market faced oversupply conditions, contributing to the price reduction. Polypropylene Glycol prices in September 2025 in Thailand remained on a downward trend, influenced by continued softness in demand. Moving forward, prices are anticipated to stay under pressure unless there is a pickup in industrial demand.

India (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Nhava Sheva, India, Grade- Molecular Weight 1000 _Viscosity 135-165.

According to Price-Watch™, in Q3 2025, Polypropylene Glycol prices in India reduced by 0.39% compared to Q2 2025. Polypropylene Glycol price trend in India was impacted by less demand from key sectors such as pharmaceuticals and coatings, which faced slowdowns due to global supply chain disruptions.

Despite stable feedstock costs, rising freight charges and oversupply conditions contributed to the price decline. Polypropylene Glycol prices in September 2025 in India stayed lower, reflecting the weaker demand and ongoing logistical challenges. The outlook for Q4 2025 suggests a continued downward trend, with demand pressure from key industries and possible inventory destocking.

Australia (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Melbourne, Australia, Grade- Molecular Weight 1000 _Viscosity 135-165.

In Q3 2025, Polypropylene Glycol prices in Australia decreased by 0.13% compared to Q2 2025. Polypropylene Glycol price trend in Australia was impacted by stable demand from the coatings and chemical sectors, though market softness and rising freight costs led to a minimal price reduction.

The slower production in significant downstream industries, coupled with supply chain disruptions, kept price movement subdued. Polypropylene Glycol prices in September 2025 in Australia stayed stable with a slight decline. The outlook for Q4 2025 indicates that prices will likely remain stable unless there is a significant shift in demand from key sectors.

Germany (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Hamburg, Germany, Grade- Molecular Weight 1000 _Viscosity 135-165.

In Q3 2025, Polypropylene Glycol prices in Germany went up by 0.97% compared to Q2 2025. Polypropylene Glycol price trend in Germany was driven by consistent demand from the pharmaceutical and coatings sectors, which helped maintain production levels. The price increase was influenced by rising feedstock costs, particularly propylene, and higher transportation costs.

Polypropylene Glycol prices in September 2025 in Germany stayed on an upward trajectory, reflecting strong demand and limited supply. The market outlook for the next quarter suggests moderate price increases, supported by demand in key industries and feedstock cost pressures.

Saudi Arabia (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Jeddah, Saudi Arabia, Grade- Molecular Weight 1000 _Viscosity 135-165.

In Q3 2025, Polypropylene Glycol prices in Saudi Arabia decreased by 1.85% compared to Q2 2025. Polypropylene Glycol price trend in Saudi Arabia was impacted by less demand from key industrial sectors, including automotive and coatings, which faced production slowdowns. Rising freight costs and supply chain disruptions added to the downward pressure on prices.

Polypropylene Glycol prices in September 2025 in Saudi Arabia remained lower, following the overall trend of weaker demand. The outlook for Q4 2025 remains cautious, with prices expected to remain under pressure unless there is a comeback in demand from key downstream industries.

Turkey (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Mersin, Turkey, Grade- Molecular Weight 1000 _Viscosity 135-165.

In Q3 2025, Polypropylene Glycol prices in Turkey dipped by 2.04% compared to Q2 2025. Polypropylene Glycol price trend in Turkey was driven by reduced demand from the automotive and coatings sectors, which saw slowdowns in production. Freight costs, although rising slightly, added additional pressure on the market, adding to the price decrease.

Polypropylene Glycol prices in September 2025 in Turkey stayed on a downward trend, reflecting the ongoing market softness. The outlook for Q4 2025 suggests potential continued price pressure unless demand from key sectors improves and supply chain issues ease.

USA (CIF from South Korea): Polypropylene Glycol (PPG) Import prices CIF Houston, USA, Grade- Molecular Weight 1000 _Viscosity 135-165).

In Q3 2025, Polypropylene Glycol prices in the USA went down by 3.00% compared to Q2 2025. Polypropylene Glycol price trend in the USA was influenced by slower demand from the automotive and chemical sectors, which slowed production. The rising freight costs and continued supply chain disruptions further added to the price reduction.

Polypropylene Glycol prices in September 2025 in USA were lower, following the market’s overall downward trend. The outlook for Q4 2025 remains uncertain, with prices likely to stay under pressure unless demand picks up in key downstream industries.

According to the Price-Watch™, the price trend for Polypropylene Glycol from South Korea in Q2 2025 decreased by 5.90%, reaching 1,325 USD per MT. This drop follows a consistent decline from Q1 2025, when prices fell by 6.96%. The ongoing price reduction can be attributed to weaker demand in key export markets like the USA, Germany, and Australia, which saw slower industrial activity.

The price trend in Thailand, however, showed a slight increase of 3.17% to 1,687 USD per MT. This increase can be attributed to stronger demand in Southeast Asia, driven by growth in the automotive and construction sectors.

Additionally, feedstock cost fluctuations in both countries, such as changes in propylene prices, may have impacted the downstream polymer industries. Seasonality factors, including less aggressive procurement during summer months, likely contributed to reduced demand and downward price pressure. 

According to the PriceWatch, India’s Polypropylene Glycol prices in Q2 2025 decreased by 7.98%, reaching 1,398 USD per MT. This was a continuation of the downward trend from Q1 2025, where prices fell by 6.34%. The price decline was primarily driven by reduced demand in India, particularly from downstream industries like automotive and construction, which are key consumers of Polypropylene Glycol.

Additionally, the weakening of feedstock prices, including propylene, in South Korea contributed to this reduction. The price trend was also influenced by seasonality, with lower industrial activity during the summer months. Despite the global decline in feedstock costs, importers in India found little incentive to purchase at higher prices.

The macroeconomic environment, including the cooling down of demand from major Indian manufacturers, further pressured the price. Moreover, the strengthening of the Indian Rupee against the US Dollar helped soften the impact of price reductions from South Korea. 

According to the PriceWatch, In Q1 2025, South Korean Polypropylene Glycol prices continued their downward trend, decreasing by 6.96%, settling at 1,408 USD per MT. This price reduction follows the trend observed in Q4 2024, where prices fell sharply by 9.62%. The global demand slowdown in key regions like the USA, Saudi Arabia, and Turkey caused this price drop, with industrial activity remaining subdued.

Meanwhile, Thailand’s price trend for Polypropylene Glycol decreased by 6.61%, reaching 1,635 USD per MT. The reduction was driven by reduced demand from Europe and the Middle East. Lower raw material costs, particularly for propylene, also played a role in the price drop. Despite the global challenges, Southeast Asia’s relatively stable industrial demand helped cushion the impact. The macroeconomic environment, including weaker consumer spending, added to the downward price pressure in both regions. 

According to the PriceWatch, India saw a 6.34% decline in Polypropylene Glycol prices in Q1 2025, with a price of 1,519 USD per MT, down from 1,622 USD per MT in Q4 2024. This decrease is largely attributed to weakened demand from key industries in India such as automotive and textiles, where activity slowed after the holiday season.

The price trend was also impacted by a reduction in feedstock costs, particularly propylene, which affected production costs in South Korea. Indian importers found it difficult to justify purchasing at higher prices, leading to a reduction in stockpiling.

Additionally, the Indian economy experienced slower growth in Q1, contributing to less industrial consumption. Seasonality also played a role, as Q1 is traditionally a quieter period in terms of demand. As a result, Indian importers found themselves in a more cost-sensitive market environment, driving prices down compared to the previous quarter. 

Polypropylene Glycol (PPG) Price Trend Analysis: Q4 2024

According to the PriceWatch, South Korea’s Polypropylene Glycol prices saw a significant drop of 9.62% in Q4 2024, reaching 1,513 USD per MT. This followed a slight increase of 4.29% in Q3 2024, where the price had risen to 1,674 USD per MT. The sharp decline can be linked to several factors, including a slowdown in demand from importing countries like the USA and Turkey, where economic activity slowed due to high inflation and reduced industrial output.

In contrast, Thailand’s prices fell marginally by 0.94% to 1,751 USD per MT. This minor drop reflected a stagnation in demand across most of Asia, although markets in Southeast Asia showed resilience due to steady consumption in construction and automotive sectors. The seasonality effect also played a role, as demand tends to decrease towards the end of the year. 

According to the PriceWatch, Polypropylene Glycol prices in India decreased by 10.20% in Q4 2024, reaching 1,622 USD per MT. This sharp decline followed a strong Q3 2024, where prices had increased by 6.30% to 1,806 USD per MT. The reduction in Q4 can be attributed to seasonal factors, as industrial demand in India typically softens towards the end of the year. Additionally, global supply pressures eased, especially from South Korea, where feedstock prices, particularly for propylene, stabilized, leading to lower production costs.

The slowdown in the Indian automotive and construction sectors also contributed to the price decline. Furthermore, a decrease in demand from key importing countries like Saudi Arabia and Turkey meant that South Korean producers were willing to offer lower prices to maintain export volumes. As a result, India experienced a drop in CIF prices as South Korean export prices adjusted downward. 

According to the PriceWatch, South Korea’s Polypropylene Glycol prices increased by 4.29% in Q3 2024, reaching 1,674 USD per MT, up from 1,605 USD per MT in Q2 2024. This rise was largely driven by an uptick in demand from key importing countries like Saudi Arabia and Turkey, where industrial activity showed signs of recovery. Thailand, on the other hand, saw a slight price increase of 0.21%, reaching 1,768 USD per MT.

The comparative price stability in Thailand indicates steady demand from neighboring Southeast Asian markets. The increase in South Korea can also be attributed to tightening supply chains and rising feedstock prices, especially propylene, which saw upward movement globally. However, the overall global price environment remained cautious, with potential for price corrections in the coming quarters due to unpredictable macroeconomic conditions. 

According to the PriceWatch, India saw a price increase of 6.30% in Q3 2024, with prices reaching 1,806 USD per MT, up from 1,699 USD per MT in Q2 2024. The price trend was driven by a surge in demand from India’s downstream industries, particularly in automotive and packaging, where production ramped up after the monsoon season. Additionally, feedstock prices, including propylene, saw a slight increase, which led to higher production costs in South Korea.

South Korean suppliers were able to push up prices as they faced tighter supply conditions due to higher global demand. The Indian Rupee’s performance against the US Dollar also influenced the price, as a weaker Rupee made imports more expensive. The Q3 price increase in India was further supported by stockpiling activities ahead of the peak demand season in Q4, contributing to a temporary surge in prices. 

According to the PriceWatch, In Q2 2024, South Korean Polypropylene Glycol prices showed a minor increase of 0.75%, reaching 1,605 USD per MT, up from 1,593 USD per MT in Q1 2024. This gradual rise reflects a slight uptick in demand from key CIF countries such as the USA and Australia, where industries showed moderate growth. However, the price trend for Thailand saw only a marginal decrease of 0.21%, settling at 1,764 USD per MT.

The relatively stable price trend in Thailand can be attributed to steady demand from regional markets, including India and Southeast Asia, where consumption remained balanced despite global uncertainties. A key factor influencing the price trend in both countries was the stability in propylene feedstock prices, which helped maintain production costs at a manageable level. Overall, moderate growth in end-use industries such as automotive and construction supported price stability. 

According to the PriceWatch, Polypropylene Glycol prices in India increased by 1.26% in Q2 2024, reaching 1,699 USD per MT, up from 1,678 USD per MT in Q1 2024. This price increase followed a stable period in Q1, where prices had remained almost unchanged. The modest price hike can be attributed to a slight recovery in demand from key Indian industries like automotive and construction, which rebounded after the seasonal dip in the first quarter.

South Korea’s production costs remained relatively stable, as feedstock prices showed minor fluctuations. Additionally, a weaker Indian Rupee during this period made imports more expensive, which contributed to the upward price movement. Importers in India had to adjust to the slight increase in South Korean prices, but the overall impact was limited by moderate domestic demand. The seasonal uptick in industrial activity helped support the price trend, which was expected to stabilize as the year progressed. 

According to the PriceWatch, South Korea’s Polypropylene Glycol prices decreased by 3.19% in Q1 2024, reaching 1,593 USD per MT, compared to 1,646 USD per MT in Q4 2023. This decrease was influenced by a seasonal slowdown in demand from key markets like the USA and Saudi Arabia. Economic uncertainties in these regions led to a reduction in industrial activity, particularly in automotive and packaging industries.

Thailand also experienced a decline of 2.87%, with prices reaching 1,768 USD per MT, which was lower than the Q4 2023 level of 1,820 USD per MT. The drop in Thailand’s prices was primarily due to reduced demand from Europe and a weakening local economy. A decrease in propylene prices further pressured the price trend, making production more cost-efficient but leading to lower prices overall. 

According to the PriceWatch, Polypropylene Glycol prices in India remained stable in Q1 2024, at 1,678 USD per MT, with a slight decrease of 0.04% compared to Q4 2023. This stability was driven by the slow seasonal demand typically seen in the first quarter, with less procurement activity from downstream industries such as automotive and construction. Additionally, South Korean producers maintained stable production costs due to steady feedstock prices, including propylene, which prevented significant price changes.

The relatively constant price trend was also supported by the lack of major fluctuations in the Indian Rupee’s exchange rate against the US Dollar. Indian importers adjusted their purchasing strategies to align with global market trends and a relatively balanced demand-supply scenario. With no significant price pressures from South Korean suppliers, India’s Polypropylene Glycol market entered 2024 with stability in prices, despite broader market uncertainties. 

Technical Specifications of Polypropylene Glycol (ppg) Price Trends

Product Description

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.

Identifiers and Classification:

  • CAS No – 25322-69-4
  • HS Code – 39072010
  • Molecular Formula – OH(C3H6O) n C3H6OH
  • Molecular Weight (in gm/mol) – 1000 (For 1000D)


Polypropylene Glycol Synonyms:

  • Polyoxypropylene
  • 2-(2-hydroxypropoxy) propan-1-ol


Polypropylene Glycol Grades Specific Price Assessment:

  • Molecular Weight 1000 _Viscosity 135-165


Polypropylene Glycol Global Trade and Shipment Terms

  • Quotation Terms: 25-28 MT
  • Packaging Type: ISO Tank


Incoterms Referenced in Polypropylene Glycol Price Reporting

Shipping Term  Location  Definition 
FOB Busan  Busan, South Korea  PPG Export price from South Korea 
FOB Laem Chabang  Laem Chabang, Thailand   PPG Export price from Thailand  
CIF Nhava Sheva (South Korea)  Nhava Sheva, India   PPG import price in India from South Korea 
CIF Melbourne (South Korea)  Melbourne, Australia  PPG import price in Australia from South Korea 
CIF Hamburg (South Korea)  Hamburg, Germany  PPG import price in Germany from South Korea 
CIF Jeddah (South Korea)  Jeddah, Saudi Arabia  PPG import price in Saudi Arabia from South Korea 
CIF Mersin (South Korea)  Mersin, Turkey  PPG import price in Turkey from South Korea 
CIF Houston (South Korea)  Houston, USA  PPG import price in USA from South Korea 

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

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

Key Polypropylene Glycol Manufacturers

Manufacturer 
KUMHO Petrochemical 
KPX Chemical 
IRPC Polyol  

Polypropylene Glycol (ppg) Industrial Applications

polypropylene glycol market share end use

Historically, several events have caused significant fluctuations in Polypropylene Glycol (ppg) prices

Russia-Ukraine Conflict (2022-Present):  

  • 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. 

COVID-19 Pandemic (2020):  

  • Supply Chain Disruptions: 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. 
  • Logistical Challenges: 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.

Geopolitical Tensions (2018-2019):  

  • 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. 
  • Supply Chain Disruptions: 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. 

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global polypropylene glycol (ppg) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the polypropylene glycol (ppg) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watch™ keeps you fully informed of market dynamics.

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 polypropylene glycol (ppg) prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely polypropylene glycol (ppg) market data.

Track Price Watch's™ polypropylene glycol (ppg) 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.

Polypropylene Glycol (ppg) Market Price Trend published by Price Watch™ 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 Watch™ assumes no liability for decisions taken based on this information.

The pricing of polypropylene glycol is influenced by several factors, including raw material costs such as propylene, fluctuations in supply and demand within industries like paints, coatings, and adhesives, as well as external elements like geopolitical events, trade tariffs, and energy prices. These factors combine to create variability in pricing depending on global economic conditions.

Regional production plays a significant role in polypropylene glycol pricing. Regions with high production, like Asia-Pacific, tend to have more competitive pricing due to local availability, whereas regions that rely on imports, such as North America and Europe, often face higher costs due to transportation fees, import duties, and potential supply chain disruptions.

The latest pricing trends for polypropylene glycol often reflect fluctuations in the cost of raw materials and changes in global supply chains. To secure better rates, procurement heads can consider locking in long-term contracts with suppliers, monitoring global price trends and indices, and optimizing bulk purchasing strategies to take advantage of volume discounts.

PPG (Polypropylene Glycol) with a molecular weight of 1000 is a synthetic polymer commonly used in industries such as manufacturing, automotive, and personal care. It serves as a key ingredient in the production of polyurethane foams, surfactants, and lubricants, as well as a solvent and dispersing agent. The price of PPG matters because it directly affects the cost of products in these sectors.

Price fluctuations can impact the manufacturing cost of finished products, which in turn affects their pricing in the market. For industries relying on PPG, understanding its price trends is essential for managing costs and making informed purchasing decisions.

The cost of PPG with a molecular weight of 1000 varies depending on region, supply-demand dynamics, feedstock costs, and production capacity. Prices are typically quoted per metric ton and fluctuate based on these factors.

Price-Watch™ provides real-time price assessments across global markets to help buyers and sellers stay informed. These price movements are influenced by upstream costs, demand from key industries, and production disruptions.

The market for PPG has shown price fluctuations driven by factors like feedstock costs (mainly propylene oxide), energy prices, and demand from key sectors such as automotive, construction, and personal care. Increased demand for polyurethane foams and surfactants in manufacturing and construction typically drives PPG price increases.

Conversely, when feedstock availability stabilizes or demand decreases, prices tend to soften. Geopolitical factors and energy market volatility, particularly in petrochemical hubs, can also affect pricing. Seasonal variations and plant maintenance shutdowns further influence supply and pricing.

The largest consumers of PPG with a molecular weight of 1000 are the automotive, construction, personal care, pharmaceutical, and manufacturing industries. In the automotive industry, PPG is used in lubricants and coolants, while in construction, it is a key component in polyurethane foams.

The personal care industry utilizes PPG in cosmetics and skin-care products, and in pharmaceuticals, it serves as a solvent. These industries drive global demand for PPG and influence its pricing.

PPG is produced through the polymerization of propylene oxide, which is derived from petroleum or natural gas. Propylene oxide undergoes polymerization to form polypropylene glycol with varying molecular weights.

Major producers of PPG are located in regions with large petrochemical industries, including North America, Europe, and Asia. These regions are equipped with the necessary infrastructure to produce PPG in large quantities for global distribution.

The largest exporters of PPG with a molecular weight of 1000 include the United States, China, and Germany. These countries have well-established chemical production facilities and significant propylene oxide production capabilities. The U.S. is a dominant exporter due to its large petrochemical sector, while China and Germany play crucial roles in the Asian and European markets, respectively.

Export volumes can fluctuate depending on local demand, production capacity, and trade policies that influence logistics and transportation. Price-Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Global production capacity for PPG with a molecular weight of 1000 is generally sufficient to meet demand. However, regional imbalances can occur due to fluctuations in feedstock availability, plant shutdowns, or sudden surges in demand from industries like automotive or construction. Supply constraints can also arise from disruptions in the global supply chain.

Major producers can adjust their output based on market conditions, but localized shortages may happen during peak demand or when feedstock availability is limited. Price-Watch™ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

PPG comes in different grades, such as industrial-grade and pharmaceutical-grade. The main difference between these grades is the level of purity. Industrial-grade PPG typically has a purity of around 99%, suitable for use in the production of polyurethane foams, lubricants, and other industrial applications.

Pharmaceutical-grade PPG, with a higher purity of 99.5% or more, is used in medical applications, where stricter regulatory controls are required. Prices vary due to differences in purity, quality control processes, and regulatory requirements for each grade. Price-Watch™ provides separate price assessments for different delivery bases and contract types to ensure market transparency.

When demand for PPG increases suddenly, typically due to growth in sectors like automotive, construction, or personal care, prices usually rise. This surge in demand can strain supply if production capacities are not adjusted quickly enough. Manufacturers may prioritize long-term contract customers, leading to higher prices and extended lead times for spot buyers.

Increased demand, coupled with potential feedstock shortages, can push prices higher. Over time, manufacturers may ramp up production, but this requires time and investment in capacity expansion. Price-Watch™ captures these market dynamics in real-time.

Energy prices play a significant role in the cost of producing PPG, as energy-intensive processes are involved in the production of propylene oxide and its subsequent polymerization into PPG. Rising energy prices, especially for natural gas and electricity, increase production costs, which are often passed on to consumers.

Additionally, fluctuations in energy costs can affect feedstock prices, as propylene oxide production relies heavily on petrochemical processes. Any significant energy price increases can, therefore, have a direct impact on the final cost of PPG. Price-Watch™ analyzes these relationships in its price assessments & market reports.

Regional price differences for PPG are influenced by factors such as local feedstock availability, production capacity, transportation costs, and regional demand. Areas with significant propylene oxide production and established chemical industries, such as North America and Asia, generally experience lower prices due to reduced production and logistics costs.

In contrast, regions relying on imports may face higher prices due to shipping and tariff costs. Variations in local energy prices and supply-demand imbalances also contribute to regional price disparities. Price-Watch™ tracks prices across all major regions to highlight these differences.

The forecast for PPG prices suggests moderate growth in the medium term, driven by consistent demand from sectors such as automotive, construction, and personal care. While production capacity is expected to meet demand, potential volatility may arise from fluctuations in feedstock prices, energy costs, and geopolitical disruptions.

Price-Watch™ regularly publishes detailed forecasts based on comprehensive analysis of supply-demand trends, global economic indicators, and seasonal changes. Businesses can use these forecasts to better plan procurement strategies and manage costs effectively.

Yes, accurate PPG price forecasts can be extremely helpful for businesses relying on PPG for manufacturing. By understanding future price trends, businesses can optimize their purchasing strategies, negotiate favorable long-term contracts, and manage budgets more efficiently.

For instance, if a price increase is predicted, businesses may choose to purchase larger quantities in advance or lock in current rates. Proactive purchasing based on price forecasts can help businesses minimize costs and avoid the impact of price volatility.

Global events, such as natural disasters, geopolitical tensions, or disruptions in supply chains, can significantly impact PPG supply and pricing. For instance, hurricanes or supply chain disruptions affecting propylene oxide production can lead to shortages and price spikes.

Similarly, geopolitical tensions, such as trade wars or conflicts in key oil-producing regions, can disrupt energy supplies and affect feedstock costs. These events can lead to price volatility, supply chain delays, and changes in global market dynamics, influencing PPG prices. Price-Watch™ helps businesses track such events and their potential impacts.

Reliable PPG price information can be found through Price-Watch™, which offers real-time price assessments, market reports, and forecasts. Price Watch™ sources data from manufacturers, distributors, and industry buyers to provide accurate pricing and market insights.

Their transparent methodology and global coverage ensure that businesses can stay informed about PPG prices across different regions and delivery bases, helping them make informed purchasing decisions.

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Access Real-Time Polypropylene Glycol (ppg) Price Trends