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Propylene Glycol Monomethyl Ether (pgme) Price Trend and Forecast

UNSPC code: 12352108
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âźł Weekly Update
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Historical Data Since 2015
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Forecast for 2026

propylene glycol monomethyl ether (pgme) Price Trends by Country

cnChina
inIndia
vnVietnam
trTurkey
brBrazil
phPhilippines

Global propylene glycol monomethyl ether (pgme) Spot Market Prices, Trend Analysis and Forecast

Price-Watch’s most active coverage of Propylene Glycol Monomethyl Ether (PGME) price assessment:

  • IG min 99.5% Purity FOB Shanghai, China
  • IG min 99.5% Purity CIF Manila (China), Philippines
  • IG min 99.5% Purity CIF Mersin (China), Turkey
  • IG min 99.5% Purity CIF Santos (China), Brazil
  • IG min 99.5% Purity CIF Nhava Sheva (China), India
  • IG min 99.5% Purity CIF Haiphong (China), Vietnam

Propylene Glycol Monomethyl Ether (PGME) Price Trend Q3 2025

The global market for Propylene Glycol Monomethyl Ether (PGME) experienced moderate stability with regional fluctuations during the July-September 2025 quarter, with price movement varying between 1-4%. This Propylene Glycol Monomethyl Ether (PGME) price trend remains both stable and fluctuating relative to feedstock prices, energy prices, and regional supply chain dynamics.

Any upstream price movements indicated generally strong demand in downstream sectors including electronics, coatings, and cleaning products, with regional supply chain dynamics supporting overall Propylene Glycol Monomethyl Ether (PGME) price stability. Additional production capacity expansion and supply chain adjustment are anticipated to maintain stability in the next quarter.

China

Propylene Glycol Monomethyl Ether price FOB Shanghai, China, Industrial Grade ≤ 99.5% purity.

In the third quarter of 2025, Propylene Glycol Monomethyl Ether (PGME) prices from China continue to decline. The rate of decline is slowing compared to Q2 with FOB China prices down 1.31%. The declination in the price trend of PGME in China was due to relatively stable feedstock conditions as both costs of propylene oxide and methanol (MeOH) remain unchanged between Q2 and Q3, providing neither upward support nor downward pressure on prices.

However, demand weakness continues as it is unlikely that there will be significant growth in global industrial activity. The caution of downstream buyers remains in place which prevents significant restocking. Southeast Asia, specifically Indonesia has softer imports as buyers reduce orders due to enough inventory held locally.

The overall export competition remains immense, and shipping conditions remain stable. Overall, Q3 has a persistent bearish price sentiment but at a decelerated pace suggesting cautious stabilization. In September 2025, PGME prices in China declined 2.89% to 1,109 USD/ton.

Philippines

Propylene Glycol Monomethyl Ether price in CIF Manila, Philippines, Industrial Grade ≤ 99.5% purity.

Propylene Glycol Monomethyl Ether (PGME) prices in the Philippines remain deterred in the third quarter 2025. Pricing pressure continues to mount now that CIF Philippines (China) is down 2.12%. The softness in the Propylene Glycol Monomethyl Ether (PGME) price trend was driven by weak upstream propylene values in major exporting countries like China which has decreased production costs leading suppliers to be able to offer more competitive pricing resulting in more competitive markets to face in all of Southeast Asia.

Domestic demand in the Philippines remains mediocre, while coatings, construction, and adhesive sectors have slow demand because of the wet season. As demand slows, it has led importers to focus on reducing purchases while waiting for better procurement opportunities.

Tramp freight conditions remain stable for now, but stable conditions in the shipping of PGME have led to constant availability and additional oversupply pressure. As September concludes, we still find ourselves continuing the downward pressure, as we need soft feedstocks, muted demand, and additional regional competitors. Propylene Glycol Monomethyl Ether (PGME) prices in the Philippines dropped by 1.50% in September 2025 closing at 1,183 USD/ton.

Turkey

Propylene Glycol Monomethyl Ether price in CIF Mersin, Turkey, Industrial Grade ≤ 99.5% purity.

In the third quarter of 2025, PGME price trend in Turkey come under greater downward market pressure. This is observed with CIF Turkey (China) declining by 3.08% due to weakening feedstock economics. Additionally, falling propylene cost in various major exporting countries, for instance, China, result in more favorable economics for PGME producers to be able to offer competitive prices using feedstocks at this lower price. Demand in Turkey during the summer is also weak, with notable seasonality in the coatings and construction market delays.

Importers begin to follow the trend as they negotiate prices more aggressively and intentionally display less haste in the buying phase of inventory build-up in the anticipation of more price decreases to come. While freight remains stable, hence the stability in delivery of cargo, good amounts of PGME available to be delivered to market only add more downward pressure to lower pricing.

The third quarter occurs during the year’s lowest market pricing time when weaker feedstock, aggressive suppliers, and mild demand have the most impact on accelerating prices. September 2025 saw Propylene Glycol Monomethyl Ether (PGME) prices fall by -2.35% overall to 1,246 USD/ton in Turkey.

Brazil

Propylene Glycol Monomethyl Ether price in CIF Santos, Brazil, Industrial Grade ≤ 99.5% purity.

In the third quarter of 2025, Brazil’s PGME market faces the steepest correction of the year. CIF Brazil (China) PGME prices drop by 3.42%, driven by softening feedstock economics. Easing propylene prices in key exporting nations like China lower Propylene Glycol Monomethyl Ether (PGME) production costs, prompting more competitive offers from Chinese exporters. Domestic demand in Brazil remains weak, with solvent consumption in coatings and adhesives sectors constrained by slow industrial activity. Freight flows remain steady, but consistent imports amplify oversupply conditions.

Q3 sees sharper corrections in the Propylene Glycol Monomethyl Ether (PGME) price trend, with buyers negotiating aggressively, and suppliers conceding ground. The quarter underscores how weak feedstocks and fragile demand accelerate downward momentum. In September 2025, the Propylene Glycol Monomethyl Ether (PGME) prices in Brazil decreased by -6.11%, reaching 1,261 USD/ton.

India

Propylene Glycol Monomethyl Ether price in CIF Nhava Sheva, India, Industrial Grade ≤ 99.5% purity.

According to Price-Watch, In the third quarter of 2025, India’s PGME import market faces sharper downward pressure. CIF India (China) prices drop by 3.42%, with seasonal and structural drivers contributing to the decline. The onset of the monsoon season dampens demand in key segments like coatings, adhesives, and construction, leading to lower solvent consumption. On the supply side, Chinese exporters lower offer due to building inventories amid subdued regional demand.

The decline in the Propylene Glycol Monomethyl Ether (PGME) price trend in India was amplified by easing feedstock dynamics, with propylene oxide (PO) values expected to soften as propylene balances improve. Freight flows remain steady, but abundant availability limits exporters’ ability to hold firm pricing. Buyers in India take advantage of the bearish tone, negotiating more aggressively and delaying restocking in anticipation of further concessions.

Q3 represents the most bearish period of the year, where weak domestic demand, softer feedstocks, and competitive suppliers accelerate the decline. In September 2025, the Propylene Glycol Monomethyl Ether (PGME) prices in India decreased by 1.08%, reaching 104,867 INR/ton.

Vietnam

Propylene Glycol Monomethyl Ether price in CIF Haiphong, Vietnam, Industrial Grade ≤ 99.5% purity.

In the third quarter of 2025, Vietnam’s Propylene Glycol Monomethyl Ether (PGME) prices witnessed a downward trend. Prices in Vietnam, with CIF Vietnam (China) down by -2.00%, reflect stable feedstock prices, particularly for propylene in China, which helps maintain consistency in export offers. However, domestic demand remains lackluster, especially as the wet season dampens construction activity and slows consumption of coatings and adhesives.

Buyers limit purchases, opting for smaller lots to meet immediate needs, rather than committing to large restocking, resulting in weak price trend of PGME in Vietnam. Exporters in China continue to ensure steady flows but have limited leverage for stronger prices.

Freight rates remain steady, maintaining accessibility but doing little to offset bearish fundamentals. The third quarter represents a phase of gradual easing, where steady feedstocks cushion the decline, but soft demand continues to weigh on sentiment. In September 2025, the Propylene Glycol Monomethyl Ether (PGME)  prices in Vietnam decreased by 1.53%, reaching 1,162 USD/ton.

Propylene Glycol Monomethyl Ether (PGME) Price Trend Analysis: Q2 2025

According to the PriceWatch, PM prices in China declined to 1140 USD per MT, reflecting a 1.81 % decrease from Q1. The PM price Trend shifted downward as demand from the paints and coatings segment slowed post-peak season. The PM Market in Vietnam and India softened, driven by reduced industrial output and sufficient stockpiles. The PM prices in Turkey and Brazil weakened due to currency pressure and seasonal demand dip.

Philippines saw cautious buying amid high inventory from Q1. Feedstock propylene oxide remained sufficiently available, allowing producers to maintain operating rates. Exporters in China responded by offering competitive quotes to maintain volumes. Overall, Q2 showed signs of slowing momentum and price correction, shaped by regional consumption patterns and a shift in seasonal demand cycles. 

In Q2 2025, Propylene Glycol Monomethyl Ether (PGME) prices in India dropped to 1207 USD per MT on a CIF basis, registering a 4.46 % quarter-on-quarter decline. The price correction was mainly attributed to reduced downstream demand during the monsoon season. Consumption from the paints and coatings sector slowed in regions affected by rain, especially in Western India. Importers from China faced softer inquiries as domestic buyers relied more on existing stock.

Chinese FOB prices also saw a marginal decline, offering more competitive quotes to retain export volumes. Feedstock propylene oxide prices remained mostly unchanged, helping Chinese suppliers maintain operational stability. Weak buying sentiment in early May contributed to a more bearish tone in the Indian market.

Logistic constraints due to seasonal port congestion further discouraged aggressive import activity. Overall, Q2 marked a clear shift toward cautious procurement behaviour in India, with softer industrial consumption and seasonality driving the downward price adjustment from Chinese suppliers. 

In Q1 2025, the propylene glycol monomethyl ether (PM) market in the Asia-Pacific region saw a 1% price increase, driven by economic recovery and improved supply chain stability. The availability of feedstock materials continued to shape market trends, alongside evolving demand patterns across industries. 

A strong recovery occurred in early 2025, with prices rising 4% to 107,578. Increased investment in sustainable solvent solutions, along with a resurgence in manufacturing and construction activities, played a key role in boosting market sentiment. Additionally, stabilized feedstock supplies provided further price support. 

Propylene Glycol Monomethyl Ether (PGME) Price Trend Analysis: Q4 2024

In Q4 2024, the propylene glycol monomethyl ether (PGME) market in the Asia-Pacific region saw a 5% price decline, influenced by economic adjustments and supply chain disruptions. The availability of feedstock materials remained a key factor in market trends, alongside shifting demand patterns across industries. 

Prices dropped again by 4%, settling at 103,661, due to seasonal slowdowns in industrial consumption and tightening environmental regulations. Reduced manufacturing activity in key sectors, alongside fluctuations in crude oil and feedstock prices, contributed to the decline. 

In Q3 2024, the propylene glycol monomethyl ether (PGME) market in the Asia-Pacific region experienced a 2% price increase, driven by economic shifts and supply chain dynamics. The availability of feedstock materials continued to play a crucial role in shaping market trends, alongside evolving demand patterns across various industries. 

This quarter saw a significant surge of 4%, with prices climbing to 108,196. The rise was attributed to strong demand in the electronics and coatings sectors, coupled with higher export volumes. Improved supply chain dynamics and rising infrastructure projects further supported this upward trend. 

In Q2 ,2024, the propylene glycol monomethyl ether (PGME) market in the Asia-Pacific region saw a 1% price fluctuation, driven by economic shifts and supply chain dynamics. The availability of feedstock materials significantly impacted market trends, alongside evolving demand patterns across various industries. 

Prices rebounded slightly by 1%, reaching 104,429, supported by moderate recovery in industrial activities and steady demand from the automotive and construction sectors. Despite persistent feedstock supply concerns, improved trade flows with China and India helped stabilize pricing. 

In Q1, 2024, the propylene glycol monomethyl ether market in Asia Pacific saw a slight decrease in prices, with a fall of 6%. This is driven by the key factors driving influence increased demand from downstream sectors, especially within the paints and coating industries. 

The market started the year on a weaker note, witnessing a 3% decline in prices, settling at 103,836. This decrease was driven by sluggish demand, especially in the coatings and electronics industries, coupled with high feedstock costs. Additionally, global economic uncertainties led to cautious procurement, affecting price stability. 

Technical Specifications of Propylene Glycol Monomethyl Ether (pgme) Price Trends

Product Description

Propylene Glycol Monomethyl Ether (PM) is a versatile solvent used in paints, coatings, cleaners, and pharmaceuticals. It is produced from propylene oxide, derived from petroleum or natural gas, and methanol. PM offers excellent solvency, low evaporation rate, and compatibility with various formulations, making it ideal for industrial and consumer applications.

Identifiers and Classification:

  • CAS No – 107-98-2
  • HS Code – 29094900
  • Molecular Formula – C4H10O2
  • Molecular Weight[g/mol] – 90.1


Propylene Glycol Monomethyl Ether Synonyms:

  • Methoxy Propanol, PGME, PM


PM Grades Specific Price Assessment:

  • Industrial Grade ≤ 99.5% purity Grade Price Trend


PM Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-28 MT
  • Packaging Type (Product & Country Specific): 210 Kg Drum


Incoterms Referenced in Propylene Carbonate Price Reporting

Shipping Term  Location  Definition 
FOB Shanghai  Shanghai, China  Propylene Glycol Monomethyl Ether Export price from China 
CIF Manila (China)  Manila, Philippines  Propylene Glycol Monomethyl Ether import price in Philippines from China 
CIF Mersin (China)  Mersin, Turkey  Propylene Glycol Monomethyl Ether import price in Turkey from China 
CIF Santos (China)  Santos, Brazil  Propylene Glycol Monomethyl Ether import price in Brazil from China 
CIF Nhava Sheva (China)  Nhava Sheva, India  Propylene Glycol Monomethyl Ether import price in India from China 
CIF Haiphong (China)  Haiphong, Vietnam  Propylene Glycol Monomethyl Ether import price in Vietnam from China 

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

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

PGME Manufacturers

Manufacturer 
Jiangsu Dynamic Chemistry 
Shandong River Chemical Co., Ltd. 
Henan Sinowin Chemical Industry Co., Ltd. 

Propylene Glycol Monomethyl Ether (pgme) Industrial Applications

PGME market share end use

Historically, several events have caused significant fluctuations in Propylene Glycol Monomethyl Ether (pgme) prices

  • Russia-Ukraine Conflict (2022): The Russia-Ukraine conflict has significantly affected the production, supply, and pricing of propylene glycol monomethyl ether, leading to broader implications for various industries reliant on this chemical. 
  • COVID-19 Pandemic (2020): The COVID-19 pandemic resulted in both challenges and opportunities for the propylene glycol monomethyl ether market, influencing production, demand, and industry dynamics in various ways. 
  • Geopolitical Tensions (2018-2019): The geopolitical tensions during this period contributed to slight increase in costs, disrupted supply chains, and uncertainty in market dynamics for propylene glycol monomethyl ether. 

Why PriceWatch?

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

Track PriceWatch's propylene glycol monomethyl ether (pgme) 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 PGME production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire PGME supply chain, from raw material availability (e.g., propylene oxide and methanol) 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 PGME 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 PGME 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., automotive, packaging), to predict shifts in PGME demand and corresponding price movements. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global PGME 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 PGME 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 packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments. 
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global PGME 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 PGME 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 PGME pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Propylene Glycol Monomethyl Ether (pgme) 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 propylene glycol monomethyl ether (pgme). 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 cost of PGME is influenced by the price of its key raw materials, such as propylene glycol, which can fluctuate based on market demand and supply disruptions. Additionally, changes in energy prices and regulatory conditions can also impact production costs, leading to price variations in PGME.

Ensuring a stable supply involves partnering with reputable suppliers who have robust logistics networks. It is wise to diversify your supplier base to mitigate risks associated with potential shortages or disruptions. Building strong relationships with suppliers can also help secure consistent availability.

The market for PGME is subject to variability due to increasing demand in various sectors like coatings and personal care. While it is difficult to predict exact price movements, staying informed about market trends and maintaining open communication with suppliers can help you anticipate changes and adjust your purchasing strategies accordingly.

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