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Propionic Acid Price Trend and Forecast

UNSPC code: 12352100
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026

propionic acid Price Trends by Country

usUnited States
cnChina
vnVietnam
inIndia
brBrazil
coColombia
caCanada
krSouth Korea

Global propionic acid Spot Market Prices, Trend Analysis and Forecast

Propionic Acid Price Trend Q3 2025

In the third quarter of 2025, Propionic Acid pricing showed fluctuations due to mixed market sentiments. Price increases were reported in the USA, Brazil, Canada, Colombia, and South Korea due to high demand influenced by the need for applications in food, agriculture, and animal feed. Logistics and raw material pricing were also factors in the overall increase. However, there were price drops in China, Vietnam, India, and South Korea due to weakening demand in agriculture, food, and some other markets combined with the rising logistics cost and port shuttering. As for a forecast for quarter four of 2025, there are many uncertainties, with price recovery depending on the industry’s recovering demand, and if global supply chains are stable.

USA

Propionic Acid Export prices FOB Houston, USA, Grade- Industrial Grade (99 %).

Propionic Acid price in the U.S. rose 5.39% in Q3 2025, including a rise of 4.67% in Q2. The U.S. Propionic Acid price trend was positively impacted by stronger demand from food preservation, and the agriculture industry which saw an uptick in activity latter part of the quarter. Additionally, disruptions in the supply chain and increased feedstock costs, such as acetic acid, resulted in increased cost of production, which helped lead to the price increase.

Although import prices from China remained competitive, logistical difficulties during the third quarter, coupled with a weakening of the U.S. dollar, resulted in higher import prices. September 2025 Propionic prices were higher relative to the second quarter.

China

Propionic Acid Export prices FOB China, China, Grade- Industrial Grade (99.5%).

According to PriceWatch, in the third quarter of 2025, Propionic Acid prices in China saw a decline of 3.47%, following a reduction of 2.95% in the second quarter. The downward price trend of Propionic Acid in China was affected by weaker demand coming from the agriculture and food industry, where both production and consumption had slowed down. We also saw slower export demand, which contributed to downward pricing pressure in important markets such as Southeast Asia and Europe.

Additionally, higher raw material and logistics costs put pressure on prices. Propionic Acid prices in September of 2025 were lower than prices in the second quarter. The outlook for the fourth quarter of 2025 is cautious, with the expectation of a continued downward price trend unless there is a recovery in agricultural and food demand.

Brazil

Propionic Acid Import prices CIF Santos, Brazil, Grade- Industrial Grade (99 %).

In the third quarter of 2025, Propionic Acid prices in Brazil rose 5.26% following a 4.39% increase in the second quarter. Propionic Acid price trend in Brazil was positively influenced by the recovery of demand from the agricultural and food sectors, which had steady consumption patterns over the quarter.

In addition, the rise in logistics and freight costs for imported Propionic Acid from the USA exerted upward pressure in prices. The depreciation of the Brazilian Real against the US dollar raised the cost of imports, which also impacted pricing for Propionic Acid. Propionic Acids in September 2025 were higher than during the second quarter.

Canada

Propionic Acid Import prices CIF Montreal, Canada, Grade- Industrial Grade (99.5%).

Propionic Acid prices in Canada rose by 5.31% during Q3 2025, following an increase of 3.75% in Q2. The bearish Propionic Acid price trend in Canada can be attributed to strong demand from the food and animal feed sectors, which saw increased consumption levels, as well as higher transportation costs of imports from the USA and a weaker Canadian Dollar relative to the US Dollar.

Furthermore, supply chain and logistics issues and elevated feedstock costs led to higher prices. September 2025 Propionic Acid prices were higher than in Q2 2025, and the market is expected to maintain its strength into Q4 2025, supported by continued strength in demand.

Colombia

Propionic Acid Import prices CIF Barranquilla, Colombia, Grade- Industrial Grade (99%).

In Q3 2025, Propionic Acid prices in Columbia increased 4.94%, following a 4.21% increase in Q2. Propionic Acid price trend in Columbia was influenced by additional increased demand from sectors that utilize Propionic Acid to preserve food and for agriculture. Overall strong consumption, particularly in the agricultural chemicals segment contributed to the price increases.

With increased freight costs from the U.S.A. and the devaluation of the Colombian Pesos versus the U.S. Dollar pressure was added to price increases of imported product as well during September 2025. Propionic Acid prices in September 2025 were higher than the prices reported in Q2. The outlook for Q4 2025 is stable as well, with demand for Propionic Acid from agricultural and food industries is expected to continue to support pricing.

South Korea

Propionic Acid Import prices CIF Busan, South Korea, Grade- Technical Grade (99%).

In Q3 2025, Propionic Acid prices in South Korea experienced an increase of 3.92%, following a further increase of 5.60% in Q2. Propionic Acid price trend in South Korea \reflected steady demand from the animal feed and food industries to which demand from those sectors remained consistent during Q3. However, global Propionic Acid prices have been impacted, as a result of higher import prices from the USA due to increased transportation costs as well as a weakening South Korean Won.

The Propionic Acid price in September was also higher than during Q2. Looking forward, Q4 2025 has a positive outlook for Propionic Acid prices, with continued price firmness anticipated, based on expected ongoing demand for food and agricultural products.

Vietnam

Propionic Acid Import prices CIF Haiphong, Vietnam, Grade- Industrial Grade (99.5%).

In Vietnam, Propionic Acid prices abated 3.24% in Q3 2025, following a decline of 4.30% in Q2, as soft demand in the food and agricultural sectors hindered production timelines. Supply chain challenges and increased import costs from China (driven by rising freight rates), along with a softening of production in the food and agricultural sectors, added to the price pressure.

Nevertheless, pharmaceutical and chemical sector demand provided support for pricing. Propionic Acid prices in September 2025 remain lower relative to Q2 2025 prices. Weak market fundamentals and deterred purchasing activities remain the major reasons for declining price trends.

India (China)

Propionic Acid Import prices CIF Nhava Sheva, India, Grade- Industrial Grade (>99.5%).

According to PriceWatch, in Q3 2025, Propionic Acid price in India fell by 1.14%, after a decline of 4.41% in Q2. An overall decline in Propionic Acid price trend can be attributed to slower demand from most key consuming sectors, particularly agriculture and food processing, which notably experienced more prolonged production cycles. Correspondingly, Ex-Mumbai price levels saw a steep decline of 10.61%, preceded by a smaller decline of 2.75% in Q2.

Additionally, weakness of the Indian Rupee and related higher import prices from Chinese manufacturers exerted undue pressure on prices, while similar transportation costs and logistical barriers added to the downward pressure. Overall, Propionic Acid prices in September 2025 were higher than they were during Q2.

Propionic Acid Price Trend Analysis: Q2 2025

According to the PriceWatch, In Q2 2025, the Propionic Acid market showed a mixed price trend across major exporting countries. In China, the FOB price fell to 921 USD per metric ton, a 2.95% decrease from Q1 2025, following a 13.38% increase. This drop was driven by reduced demand from CIF countries like South Korea and Vietnam, along with fluctuations in feedstock prices.

In contrast, the USA saw a 4.67% increase in Q2 2025, with prices rising to 808 USD per metric ton, recovering from a 2.20% decrease in Q1 2025. The rise in the US market is due to steady demand from South Korea, Brazil, Canada, and Colombia. The price trend shows a positive adjustment in the US, driven by stable market conditions.

The price trend reveals contrasting trends, with the US market remaining resilient while China adjusts after a significant increase. The global market remains volatile with shifting demand patterns.

According to the PriceWatch, In Q2 2025, India’s CIF prices for Propionic Acid decreased to 980 USD per MT, down by 4.41% from Q1 2025, which saw prices at 1025 USD per metric ton. This correction follows an 11.97% rise in the previous quarter. The decline is attributed to lower demand from downstream industries in India, particularly from food, pharmaceuticals, and chemicals.

Feedstock prices from China remained stable, though global fluctuations affected overall pricing. The price trend for India reflects this shift in market dynamics, with the price trend showing a downward trend in Q2.

In the domestic market, Ex-Mumbai prices fell by 2.75%, reaching 1336 USD per metric ton from 1374 USD per metric ton in Q1 2025. Despite the decrease, the market remains stable, and prices are expected to stabilize as demand picks up in the coming months.

In Q1 2025, diverging market dynamics became more pronounced. Propionic Acid prices in the USA declined further by 2.26% to $771/MT, continuing a trend of softening demand, especially from agricultural sectors during the off-season. The U.S. chemical market also faced increased competition from Asian producers, limiting pricing power.

In contrast, China’s prices surged by 13.45% to $949/MT, driven by strong pre-Lunar New Year restocking, robust demand from the pharmaceutical and food sectors, and tightening domestic supply due to scheduled plant maintenance. Moreover, the potential for export restrictions amid trade policy shifts contributed to bullish sentiment, pushing prices sharply higher in the Chinese market.

Q1 2025 saw a renewed uptrend in import-driven pricing, while domestic prices remained relatively steady. CIF Nhava Sheva prices for China-origin Propionic Acid jumped by 11.96% to $1,030/MT, fueled by tight supply conditions in China due to planned plant maintenance, coupled with increased export demand ahead of the Lunar New Year.

Despite this import cost surge, Ex-Mumbai prices rose only slightly by 0.74% to $1,370/MT, as Indian suppliers absorbed part of the import pressure to maintain competitive pricing amid still-moderate domestic demand. The widening gap between import and local prices could pose challenges for Indian traders in the coming quarters if global tightness persists.

Propionic Acid Price Trend Analysis: Q4 2024

In Q4 2024, Propionic Acid prices softened in the USA, falling by 2.96% to $789/MT, while China experienced a modest increase of 1.15%, reaching $837/MT. The U.S. market saw weaker pricing due to subdued demand from key end-use industries such as animal feed additives and herbicides, combined with stable raw material (propylene) costs and improved supply chain fluidity.

Meanwhile, Chinese prices edged higher as domestic consumption picked up ahead of seasonal production cycles in the food preservation and pharmaceutical sectors. Additionally, limited imports and environmental inspections led to temporary supply constraints in some regions of China, supporting the mild price rebound.

In Q4 2024, Propionic Acid prices in India reflected a steady market dynamic. CIF Nhava Sheva prices from China increased slightly by 2.22% to $920/MT, amid marginally higher freight rates and seasonal tightening in Chinese supply due to environmental regulations.

Ex-Mumbai prices responded with a 2.26% increase to $1,360/MT, driven by continued steady demand from pharmaceutical and food preservation sectors as year-end production cycles ramped up. The narrow movement in both import and domestic prices suggests a balanced market environment, with India maintaining a consistent import flow while local producers met internal demand without significant disruption.

In Q3 2024, several factors are expected to influence the Propionic Acid market across different regions. In North America, prices saw a modest increase of 2.79% in August and are expected to follow this upward trend, despite the negative impact of anti-dumping duties on demand. This rise will be primarily supported by increased demand from the food and beverage sector, which is expected to counterbalance the challenges posed by the duties.

Meanwhile, the Asia-Pacific region is projected to maintain its upward trend, with prices rising by 2.07%. This growth is largely attributed to protectionist policies from China, the region’s largest supplier, which has a significant market share and is shaping the pricing dynamics within the region.

In Q3 2024, the Propionic Acid market in India showed signs of stabilization after previous sharp increases. CIF Nhava Sheva prices for China-origin material rose modestly by 3.45% to $900/MT, largely due to seasonal demand and slight logistic disruptions in Chinese ports.

On the other hand, Ex-Mumbai prices experienced a mild correction, declining by 2.21% to $1,330/MT, as improved import flow and a slight dip in domestic industrial demand helped ease supply pressures. This quarter reflected a rebalancing between international sourcing and domestic supply, with buyers leveraging competitive import options to manage costs.

In Q2 of 2024, several factors impacted the Propionic Acid market in different regions. In the USA, prices fell by 11.55% due to the stabilization of ethylene-feedstock prices, which had previously caused volatility. The ongoing Israel-Hamas conflict created new risks for shipping in the region, leading states to implement measures to protect cargo from Houthi rebel attacks in the Red Sea, further influencing market uncertainty.

Speculation regarding the potential imposition of anti-dumping duties by China on US Propionic Acid also weighed on market sentiment, reducing demand for US products and making Chinese alternatives more attractive. Meanwhile, the Asia Pacific region saw a rebound in Q2, with prices rising by 6.5% compared to the previous quarter, driven by renewed demand from the food and beverage sector.

Q2 2024 marked a sharp uptick in both import and domestic Propionic Acid prices in India. CIF Nhava Sheva prices for Chinese-origin product rose by 6.10% to $870/MT, driven by increased global demand and rising raw material costs, especially for propylene. This cost pressure was more strongly reflected in Ex-Mumbai prices, which surged by 25.93% to $1,360/MT.

Domestic price escalation was also fueled by reduced inventory levels and increased consumption across food-grade and chemical sectors preparing for monsoon stockpiling. The sharp divergence between domestic and imported pricing underscored India’s sensitivity to international cost fluctuations and the strain on local supply during demand peaks.

In Q1 2024, several factors contributed to the 10.69% rise in Propionic Acid prices in North America. A significant increase in demand from the food industry in January and February put upward pressure on prices. At the same time, surging feedstock ethylene prices, driven by global plant shutdowns, led to a scarcity of Propionic Acid, further pushing up costs.

A winter storm disrupted power supplies and production, exacerbating the shortage. Export challenges, such as redirected shipping routes, increased transportation costs, and delays, added to the upward price movement, while geopolitical tensions created market uncertainty, intensifying price fluctuations.

These factors also led to higher costs in South America. Conversely, the Asia Pacific region saw a 5% decrease in prices, primarily due to low demand from the food and beverage sector and security issues at the Red Sea, which disrupted trade and affected supply chains.

In Q1 2024, Propionic Acid prices in India remained relatively stable on the import front but showed notable domestic movement. CIF Nhava Sheva prices for China-origin material stayed flat at $820/MT, indicating steady global supply and minimal change in freight or feedstock costs.

However, Ex-Mumbai prices rose by 5.88% to $1,080/MT, primarily due to increased domestic demand from food preservation, animal feed, and pharmaceutical sectors as industrial activity picked up post-winter. The widening gap between import and domestic prices suggests that Indian buyers leaned more heavily on local sources amid logistical uncertainties and longer lead times from overseas suppliers.

Technical Specifications of Propionic Acid Price Trends

Product Description

Propionic Acid (C₃H₆O₂) is a short-chain fatty acid used in preservatives, plastics, and herbicides. It is primarily produced from petroleum-based feedstocks, through the oxidation of propylene or microbial fermentation. Known for its antimicrobial properties, Propionic Acid helps extend the shelf life of food products and is a key ingredient in various chemical and agricultural formulations.

Identifiers and Classification:

  • CAS No – 79-09-4
  • HS Code – 29155000
  • Molecular Formula – C₃H₆O₂
  • Molecular Weight (in gm/mol) – 74.08

Propionic Acid Synonyms:

  • Propanoic acid

Propionic Acid Grades Specific Price Assessment:

  • Industrial Grade (99 %), Industrial Grade (99.5 %) Price Trend

Propionic Acid Global Trade and Shipment Terms

*Quotation Terms (Product & Country Specific): 25-28 MT

**Packaging Type (Product & Country Specific): Iso Tank,180 kg Drum

Incoterms Referenced in Propionic Acid Price Reporting

Shipping Term  Location  Definition 
FOB USA  Houston, USA  Propionic Acid Export price from USA 
FOB China  Shanghai, China  Propionic Acid Export price from China 
CIF Santos (USA)  Sants, Brazil  Propionic Acid Import price in Brazil from USA 
CIF Montreal (USA)  Montreal, Canada  Propionic Acid Import price in Canada from USA 
CIF Barranquilla (USA)  Barranquilla, Colombia  Propionic Acid Import price in Colombia from USA 
CIF Busan (China)  Busan, South Korea  Propionic Acid Import price in South Korea from China 
CIF Haiphong (China)  Haiphong, China  Propionic Acid Import price in Taiwan from China 
CIF Nhava Sheva (India)  Nhava Sheva, India  Propionic Acid Import price in India from China 
Ex- Mumbai  Mumbai, India  Domestically Traded Propionic Acid price in Mumbai 

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

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

Key Propionic Acid Manufacturers and their brands

Manufacturer 
Eastman Chemicals 
Dow Chemicals 
Luxi Chemicals 
Shandong Aojin Chemical Technology Co., Ltd 
Zibo Anquan Chemical Co., Ltd 
Fengchen Group. 

Propionic Acid Industrial Applications

propionic acid market share end use

Historically, several events have caused significant fluctuations in Propionic Acid prices

  • Russia-Ukraine Conflict (2022-Present): The Russia-Ukraine war has disrupted supply chains and increased energy costs, leading to higher raw material prices and volatility in Propionic Acid pricing due to geopolitical instability and market uncertainty.
  • Geopolitical Tensions (2024): The increasing unrest, war in West Asia and U.S.-China trade wars levying duties on chemicals have caused price Fluctuations due to disrupted supply chains. For instance, tariffs on ethylene have impacted the cost structure for Propionic Acid production.
  • COVID-19 Pandemic (2020): The COVID-19 pandemic disrupted supply chains and decreased demand in key sectors like food service and pharmaceuticals, while rising production costs and market volatility further impacted Propionic Acid prices for producers and consumers. Demand plummeted initially but rebounded as needs surged.

These events underscore the Propionic Acid 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 propionic acid price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the propionic acid 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 propionic acid prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely propionic acid market data.

Track PriceWatch's propionic acid 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 diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Propionic Acid production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.
  • Supply Chain Monitoring: We track the entire Propionic Acid supply chain, from raw material availability (e.g., ethylene) 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, which can significantly impact Propionic Acid prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Propionic Acid production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., Chemical Manufacturing, Cosmetics, Agriculture), to predict shifts in Propionic Acid demand and corresponding price movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global Propionic Acid production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming Propionic Acid production capacities, factoring in 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 Food and Beverage, Pharmaceuticals, and Textiles, Agriculture. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Propionic Acid pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Propionic Acid prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously 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 Propionic Acid pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Propionic Acid 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 propionic acid. 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 Propionic Acid is influenced by several key factors. First, raw material costs, particularly those of ethylene and other inputs used in its production, are crucial. Any fluctuations in the prices of these materials can directly impact the overall cost of Propionic Acid. Additionally, market demand plays a significant role; high demand in sectors such as agriculture, pharmaceuticals, and food preservation can drive prices up. Supply chain dynamics, including production capacity and transportation costs, also affect pricing. Lastly, global economic conditions and trade policies can create additional volatility in pricing, making it essential for procurement heads to stay informed about these variables.

To ensure competitive pricing for Propionic Acid, procurement heads should adopt a multi-faceted approach. First, building relationships with multiple suppliers can create a competitive landscape, allowing for better negotiations and more favorable pricing terms. Conducting regular market analysis to understand current trends and pricing benchmarks is also vital, as this information can provide leverage in negotiations. Additionally, considering long-term contracts can help lock in prices and provide stability against market fluctuations. Finally, exploring alternative sourcing strategies, such as purchasing from emerging markets, can also yield cost advantages.

Fluctuations in Propionic Acid pricing pose several risks, including budget overruns and increased production costs that can affect overall profitability. To mitigate these risks, procurement heads should implement strategic measures such as hedging contracts to protect against price spikes in raw materials. Additionally, maintaining a flexible inventory strategy can help buffer against sudden price increases, allowing companies to take advantage of lower prices when they occur. Establishing strong relationships with suppliers and diversifying the supply base can also reduce dependence on any single source, enhancing resilience against market volatility. Finally, ongoing monitoring of market conditions and economic indicators will enable proactive adjustments to procurement strategies.

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