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Propylene Glycol Monomethyl Ether (PGME) Price Trend and Forecast

UNSPC code: 12352108
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026
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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™ provides real-time price assessments and price forecasts for Propylene Glycol Monomethyl Ether (PGME) across top trading regions:   

Propylene Glycol Monomethyl Ether (PGME)
Regional Coverage   		 Propylene Glycol Monomethyl Ether (PGME) Grade and Country Coverage    Propylene Glycol Monomethyl Ether (PGME) Pricing Data Coverage Explanation   
   

   

Asia-Pacific Propylene Glycol Monomethyl Ether (PGME) Pricing Analysis    

 Propylene Glycol Monomethyl Ether (PGME) (IG min 99.5% Purity FOB prices at Shanghai port, China Weekly Price Update on Propylene Glycol Monomethyl Ether (PGME) Real-Time Export Prices from Shanghai port, China to Global Markets
Propylene Glycol Monomethyl Ether (PGME) IG min 99.5% Purity CIF Prices at Manila port, Philippines, Importing from China Weekly Price Update on Propylene Glycol Monomethyl Ether (PGME) Real-Time Import prices at Manila port, Philippines, from China
Propylene Glycol Monomethyl Ether (PGME) IG min 99.5% Purity CIF Prices at Nhava Sheva port, India Importing from China

 

 

 

 Weekly Price Update on Propylene Glycol Monomethyl Ether (PGME) Real-Time Import prices at Nhava Sheva port, India, from China
Propylene Glycol Monomethyl Ether (PGME) IG min 99.5% Purity CIF Prices at Haiphong port, Vietnam Importing from China Weekly Price Update on Propylene Glycol Monomethyl Ether (PGME) Real-Time Import prices at Haiphong port, Vietnam, from China
Europe Propylene Glycol Monomethyl Ether (PGME) Pricing Analysis    Propylene Glycol Monomethyl Ether (PGME) IG min 99.5% Purity CIF Prices at Mersin port, Turkey, Importing from China Weekly Price Update on Propylene Glycol Monomethyl Ether (PGME) Real-Time Import prices at Mersin port, Turkey from China
South America Propylene Glycol Monomethyl Ether (PGME) Pricing Analysis    Propylene Glycol Monomethyl Ether (PGME) IG min 99.5% Purity CIF Prices at Santos port, Brazil, Importing from China Weekly Price Update on Propylene Glycol Monomethyl Ether (PGME) Real-Time Import prices at Santos port, Brazil from China

Propylene Glycol Monomethyl Ether (PGME) Price Forecasts & Market Foresight Q3 2026

Outlook: Bearish to Strongly Bearish

Confidence: High

Propylene Glycol Monomethyl Ether (PGME) prices are expected to remain under downward pressure globally during Q3 2026, driven by weak downstream demand, sufficient supply availability, and competitive market conditions.

Sluggish consumption from coatings, paints, inks, and industrial solvent sectors may limit price recovery, while ample inventories and aggressive supplier competition are likely to weigh on market sentiment.

Asia is expected to witness continued price corrections due to oversupply and cautious buying activity, whereas Europe and North America may experience softer pricing amid moderate demand and stable imports. Overall, PGME prices are anticipated to remain bearish through Q3 2026, with recovery dependent on demand improvement and supply adjustments.

Global Propylene Glycol Monomethyl Ether (PGME) Market Overview by Region (July–September 2026)

Country Grade/ Incoterm Outlook
China IG min 99.5% Purity FOB Shanghai Bearish to Strongly Bearish
Philippines IG min 99.5% Purity CIF Manila (CHINA) Bearish to Strongly Bearish
Turkey IG min 99.5% Purity CIF Mersin (CHINA) Bearish to Strongly Bearish
Brazil IG min 99.5% Purity CIF Santos (CHINA) Bearish to Strongly Bearish
India IG min 99.5% Purity CIF Nhava Sheva (CHINA) Bearish to Strongly Bearish
Vietnam IG min 99.5% Purity CIF Haiphong (CHINA) Bearish to Strongly Bearish

*Propylene Glycol Monomethyl Ether (PGME) Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

Explore the Complete Price Watch™ Propylene Glycol Monomethyl Ether (PGME) Forecast

Access comprehensive Propylene Glycol Monomethyl Ether (PGME) market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

Explore Price Watch™ Propylene Glycol Monomethyl Ether (PGME) Forecasts

What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in propylene oxide feedstock costs, energy prices, producer operating rates, plant outages, inventory levels, trade flows, freight rates, regional demand, and geopolitical developments affecting the global Propylene Glycol Monomethyl Ether (PGME) market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates:

  • Feedstock & production economics
  • Plant operating rates & outages
  • Inventory and supply-demand balance
  • Regional trade flows & freight
  • Import-export dynamics
  • Macroeconomic & geopolitical developments

Track Propylene Glycol Monomethyl Ether (PGME) Supply Disruptions in Real Time

As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact Propylene Glycol Monomethyl Ether (PGME) markets.

Access the Price Watch™ GIO Tracker

PGME Price Trend Q2 2026

During Q2 2026, the global PGME market across China, the Philippines, Turkey, Brazil, India, and Vietnam recorded a 35–45% price increase. The upward trend is driven by strong demand from paints, coatings, printing, and cleaning sectors, along with active procurement activities.

Stable production, adequate raw material availability, and restocking supported market growth, while feedstock cost variations influenced regional pricing. Overall, the PGME market maintained a firm outlook, backed by healthy consumption and efficient supply chain management.

The Propylene Glycol Monomethyl Ether (PGME) Price Chart reflected a positive pricing trend during the quarter, supported by stable market fundamentals and consistent demand across major end-use sectors.

The PGME Price Index remained firm due to balanced supply availability, stable production economics, and steady consumption from coatings, paints, inks, cleaners, and solvent-based applications.

Market conditions are influenced by feedstock cost stability and downstream demand strength, while regional price variations emerged due to differences in inventory levels, trade activity, and supply chain conditions.

China: PGME Export price from FOB Shanghai, China, Industrial Grade 99.5% min purity Grade

The Propylene Glycol Monomethyl Ether price trend in China for Q2 2026 has increased by 43.00% compared with the previous quarter average due to limited supply availability and rising demand from coatings, paints, inks, and cleaning solvent manufacturing industries.

The FOB China Propylene Glycol Monomethyl Ether market has witnessed an upward price trend as buyers have increased procurement activities to secure inventories. Higher costs of propylene oxide and methanol used in Propylene Glycol Monomethyl Ether production have also supported the price movement.

In June 2026, the Propylene Glycol Monomethyl Ether price in China has increased by 11.00% compared with the previous month average due to firm demand and supply constraints.

Philippines: PGME imported price from CIF Manila (CHINA), Philippines, Industrial Grade 99.5% min purity Grade

The Propylene Glycol Monomethyl Ether price trend in the Philippines for Q2 2026 has increased by 41.00% compared with the previous quarter average due to steady demand from coatings, paints, inks, and cleaning solvent manufacturing industries.

The CIF Philippines Propylene Glycol Monomethyl Ether market has experienced an upward price trend as buyers have maintained procurement activities to ensure product availability. Rising costs of propylene oxide and methanol used in Propylene Glycol Monomethyl Ether manufacturing have contributed to the price increase.

In June 2026, the Propylene Glycol Monomethyl Ether price in the Philippines has increased by 8.00% compared with the previous month average due to stable demand and balanced market conditions.

Turkey: PGME imported price from CIF Mersin (CHINA), Turkey, Industrial Grade 99.5% min purity Grade

The Propylene Glycol Monomethyl Ether price trend in Turkey has risen by 38.00% compared to the average of the previous quarter as a result of supply constraints and steady demand from the coatings, paints, inks, and cleaning solvent manufacturing sectors.

The CIF Turkey Propylene Glycol Monomethyl Ether market has experienced a rising price trend as buyers ramp up their purchasing efforts to sustain inventory levels. Increased prices of propylene oxide and methanol utilized in the manufacturing of Propylene Glycol Monomethyl Ether have also contributed to the price changes.

In June 2026, the Propylene Glycol Monomethyl Ether prices in Turkey rose by 13.00% from the previous month’s average, driven by heightened buying interest and restricted supply.

Brazil: PGME imported price from CIF Santos (CHINA), Brazil, Industrial Grade 99.5% min purity Grade

The PGME (Propylene Glycol Monomethyl Ether) price in Brazil for Q2 2026 has remained firm, with the CIF Brazil price increasing by 47.00% compared with the previous quarter average due to constrained supply availability and steady demand from paints and coatings, adhesives, printing inks, cleaning agents, and chemical manufacturing industries.

The CIF Brazil PGME market has witnessed an upward price trend as buyers have focused on securing adequate inventories amid limited availability. Rising feedstock costs, particularly for propylene oxide and methanol, along with elevated production and logistics expenses, have contributed to the increase in PGME prices.

In June 2026, the PGME price in Brazil increased by 13.00% compared with the previous month average due to stronger procurement activity, restricted supply conditions, and improved buying interest from downstream industries.

India: PGME imported price from CIF Nhava Sheva (CHINA), India, Industrial Grade 99.5% min purity Grade

The PGME (Propylene Glycol Monomethyl Ether) price in India for Q2 2026 has remained strong, as the CIF India price has increased by 36.00% compared with the previous quarter average due to steady demand from paints and coatings, adhesives, printing inks, cleaning agents, and chemical manufacturing industries.

The CIF India PGME market has observed an upward price trend as buyers have increased procurement activities to maintain sufficient inventory levels and manage supply requirements. Higher costs of propylene oxide and methanol, along with increased production and logistics expenses associated with PGME manufacturing, have also supported the price movement.

In June 2026, the PGME price in India has increased by 11.00% compared with the previous month average due to stable downstream demand, consistent purchasing activity, and balanced supply conditions.

Vietnam: PGME imported price from CIF Haiphong (CHINA), Vietnam, Industrial Grade 99.5% min purity Grade

The PGME (Propylene Glycol Monomethyl Ether) price in Vietnam for Q2 2026 has remained strong, as the CIF Vietnam price has increased by 42.00% compared with the previous quarter average due to limited supply availability and rising demand from paints and coatings, adhesives, printing inks, cleaning agents, and chemical manufacturing industries.

The CIF Vietnam PGME market has witnessed an upward price trend as buyers have increased procurement activities to secure sufficient inventories amid constrained supply conditions. Higher costs of propylene oxide and methanol used in PGME production, along with elevated manufacturing and logistics expenses, have also supported the price movement.

In June 2026, the PGME price in Vietnam has increased by 11.00% compared with the previous month average due to steady downstream demand, firm purchasing activity, and stable market conditions.

Propylene Glycol Monomethyl Ether (PGME) Price Trend Analysis: Q1 2026

PGME Price Trend Q1 2026

The Propylene Glycol Monomethyl Ether (PGME) market in China, Philippines, Turkey, Brazil, India, and Vietnam saw a relatively strong growth rate in Q4 2025. The prices rose between 1% and 32%. These pgme price trend rises have been fuelled by rising demand from vital end-use industries such as paints, coatings, and cleaning products, along with constant supply chains.

Since China is one of the main exporters of the product, they ensured that there have been no disruptions in the supply chain. Although there were some issues with the availability of raw materials for production, the manufacturing process proceeded smoothly and steadily, resulting in a stable market.

China: PGME Export price from FOB Shanghai, China, Industrial Grade 99.5% min purity Grade

Propylene Glycol Monomethyl Ether (PGME) price in China for Q1 2026 the price variations are within +0% to +35%. Such pgme price trends have been fueled by stable demand in certain industries, together with adequate regional supply levels.

These price variations have been caused by different cargo supplies, along with fluctuations in purchase orders. Despite stable growth in prices during the quarter, there was a marked jump in prices in March 2026, which is 23% higher compared to other months.

Propylene glycol monomethyl ether price trend in China shown an upward trend in prices could be linked to supply issues, possibly influenced by the current geopolitical situation, which has impacted regional supply levels.

In China, Propylene Glycol Monomethyl Ether (PGME) price in March 2026 the production level remained constant, while demand has been stable as well. There are supply-side price fluctuations that are evident in the Chinese PGME market.

Philippines: PGME imported price from CIF Manila (CHINA), Philippines, Industrial Grade 99.5% min purity Grade

Propylene Glycol Monomethyl Ether (PGME) price in Philippines from China for Q1 2026 have seen a price fluctuation of +0% to +25%. PGME price trend in Philippines has been impacted by the stable demand from industries as well as the stable regional supplies.

During Q1 2026, there has been consistent growth in the market, although there has been an increase of 22% in prices in March 2026 due to disruption in the supply chain, potentially caused by geopolitical factors leading to reduced regional availability of supplies.

According to Price-Watch™ , in Philippines, Propylene Glycol Monomethyl Ether (PGME) price in March 2026 production figures have stayed the same; consumption has steadily increased over time. There have been signs of volatility on the back of supply in the overall market environment.

Turkey: PGME imported price from CIF Mersin (CHINA), Turkey, Industrial Grade 99.5% min purity Grade

For the first quarter of 2026, the Propylene Glycol Monomethyl Ether (PGME) price in Turkey, produced in China but supplied to Turkey with variations in price ranging between +5% and +25%. The Propylene Glycol Monomethyl Ether price trend in Turkey has been attributed to moderate demand within the industrial sectors and stable supply levels.

There have been indications of consistent growth during the period, marked by a steep rise in prices in March 2026, by 21%, which was majorly caused by disruption in global supply chains due to geopolitical influences.

Supply levels during the quarter remained fairly consistent, with constant production levels, as well as consumption. In Turkey, Propylene Glycol Monomethyl Ether (PGME) price in March 2026, the wider market has exhibited signs of being prone to volatility based on supply patterns.

Brazil: PGME imported price from CIF Santos (CHINA), Brazil, Industrial Grade 99.5% min purity Grade

In Q1 2026, Propylene Glycol Monomethyl Ether (PGME) prices in Brazil with price fluctuations between -1% and +25%. The pgme price trend in Brazil was influenced by stable demand from various sectors, along with steady regional supply. The price fluctuations reflected variations in cargo availability and shifts in purchasing activity.

The market experienced steady growth throughout the quarter, with a sharp price increase in March 2026, rising by 25%. This surge was driven by disruptions in global supply chains, which were likely worsened by geopolitical tensions, tightening regional availability and creating short-term supply constraints.

Throughout the quarter, production rates remained stable, and consumption followed a consistent pace. In Brazil Propylene Glycol Monomethyl Ether (PGME) price in March 2026 broader market showed signs of supply-driven volatility, with significant price movements reflecting the dynamics of the PGME market in Brazil.

India: PGME imported price from CIF Nhava Sheva (CHINA), India, Industrial Grade 99.5% min purity Grade

In Q1 2026, Propylene Glycol Monomethyl Ether (PGME) prices in India with price fluctuations between +1% and +35%. The pgme price trend in India was influenced by steady demand from key industrial sectors, combined with stable regional supply. The relatively wide trading range was driven by varying cargo availability and fluctuating purchasing activity.

The market showed steady growth throughout the quarter, with a sharp price surge in March 2026, rising by 32%. This increase was primarily driven by disruptions in global supply chains, exacerbated by geopolitical tensions, which resulted in tighter regional availability and short-term supply constraints.

While production rates remained stable, consumption grew at a steady pace in some sectors. In India, Propylene Glycol Monomethyl Ether (PGME) prices in March 2026 broader market exhibited supply-driven volatility, with significant price movements reflecting the dynamics of the PGME market in India.

Vietnam: PGME imported price from CIF Haiphong (CHINA), Vietnam, Industrial Grade 99.5% min purity Grade

In Q1 2026, Propylene Glycol Monomethyl Ether (PGME) prices in Vietnam, imported from China price fluctuations between +0% and +25%. The PGME price trend in Vietnam was influenced by steady demand across various sectors, combined with stable regional supply. The price fluctuations were due to varying cargo availability and changes in purchasing activity.

The market showed steady growth throughout the quarter, with a significant price increase in March 2026, rising by 21%. This increase was attributed to disruptions in supply chains, likely driven by geopolitical factors, which resulted in tight regional availability and short-term supply shortages.

While production rates remained stable, consumption saw consistent growth. In Vietnam, Propylene Glycol Monomethyl Ether (PGME) prices in March 2026 broader market exhibited supply-driven volatility, with significant price movements that reflected the dynamics of the PGME market in Vietnam.

Propylene Glycol Monomethyl Ether (PGME) Price Trend Analysis 2025

PGME Price Trend Q1 2025

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. 

PGME Price Trend 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. 

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.

PGME Price Trend Q4 2025

The price trend for Propylene Glycol Monomethyl Ether (PGME) witnessed a minor decline in Q4 2025 in China, Philippines, Turkey, Brazil, India, and Vietnam. The PGME price variations of -1% to -7%. Price variation has been largely attributed to reduced demand for PGME in paints and coating products and cleaning applications, whereas supply levels remained constant.

In China, which is an exporting nation, steady supply conditions contributed to maintaining market equilibrium. Although there have been a few difficulties in sourcing raw materials and production rates, there has been a price reduction that could be attributed to periodic replenishment and change in consumer behavior.

China: PGME Export price from FOB Shanghai, China, Industrial Grade 99.5% min purity Grade

During Q4 2025, Propylene Glycol Monomethyl Ether (PGME) price in China fluctuations have ranged from -4% to +0%. Propylene Glycol Monomethyl Ether (PGME) price trend in China has been determined by medium demand from the industry and stable supplies in the region. The factors that contributed to price fluctuations included cargo availability and purchases. The overall market trend experienced continuous decreases in prices during this quarter. Specifically, in December 2025, there has been a decrease in prices by 2.79%.

The causes of this trend were reduced demand and supply chain issues. At the same time, the production and consumption levels remained stable. In China, Propylene Glycol Monomethyl Ether (PGME) price in December 2025 market showed indications of being characterized by supply-related fluctuations in prices.

Philippines: PGME imported price from CIF Manila (CHINA), Philippines, Industrial Grade 99.5% min purity Grade

For the fourth quarter of 2025, Propylene Glycol Monomethyl Ether (PGME) price in Philippines volatility of negative 6% to -2%. Propylene Glycol Monomethyl Ether (PGME) price trend in Philippines has been caused by a low level of demand in the market together with favorable supply levels. The overall movement has been consistently downward, recording a decline of 2.64% in the month of December 2025. These trends have been caused by conservative buying behavior and lower-than-projected consumer demand.

Production remains constant but consumer demand has increased steadily. In Philippines, Propylene Glycol Monomethyl Ether (PGME) in December 2026 are representative of the current market situation, where price volatility depends on the supply and demand conditions.

Turkey: PGME imported price from CIF Mersin (CHINA), Turkey, Industrial Grade 99.5% min purity Grade

During the quarter of October 2025 to December 2025, Propylene Glycol Monomethyl Ether (PGME) price in Turkey, which is imported from China, where the fluctuations of prices are seen between -6% and -0%. The Propylene Glycol Monomethyl Ether (PGME) price trend in Turkey have been driven by moderate demand for this product by major industries along with constant supply conditions.

There have been constant declines in prices for the entire quarter, where the decline for December 2025 is only 0.41%, as a result of low demand and changes in supply. The production and consumption remain constant. In Turkey, Propylene Glycol Monomethyl Ether (PGME) price in December 2025 has been an indication that prices will start stabilizing in the wider market.

Brazil: PGME imported price from CIF Santos (CHINA), Brazil, Industrial Grade 99.5% min purity Grade

According to Price-Watch™ , in Q4 2025, Propylene Glycol Monomethyl Ether (PGME) prices in Brazil with price fluctuations between -7% and -4%. The Propylene Glycol Monomethyl Ether (PGME) price trend in Turkey has been influenced by steady demand from key sectors, combined with stable supply conditions. The price fluctuations were attributed to varying cargo availability and changes in purchasing activity. The market saw a steady decline throughout the quarter, with a 4.7% decrease in December 2025.

This dip has been attributed to weakened demand and adjustments in the supply chain. Production rates remained stable, while consumption continued at a steady pace. In Turkey, Propylene Glycol Monomethyl Ether (PGME) price in March 2026 broader market reflected the supply-driven dynamics of the PGME market in Brazil.

India: PGME imported price from CIF Nhava Sheva (CHINA), India, Industrial Grade 99.5% min purity Grade

In Q4 2025, Propylene Glycol Monomethyl Ether (PGME) prices in India with price fluctuations between -6% and -1%. The Propylene Glycol Monomethyl Ether (PGME) price trend in India has been driven by moderate demand across various sectors, alongside stable supply conditions. The fluctuations in price have been largely attributed to variations in cargo availability and purchasing activity.

The market experienced a steady decline throughout the quarter, with a minimal decrease of 1.24% in December 2025. This decrease has been influenced by softer demand and adjustments in supply. Production rates remained stable, while consumption grew at a moderate pace. In India, Propylene Glycol Monomethyl Ether (PGME) prices in December 2025 broader market exhibited signs of supply-driven adjustments, reflecting the PGME market dynamics in India.

Vietnam: PGME imported price from CIF Haiphong (CHINA), Vietnam, Industrial Grade 99.5% min purity Grade

In Q4 2025, Propylene Glycol Monomethyl Ether (PGME) prices in Vietnam with price fluctuations between -5% and -0%. The Propylene Glycol Monomethyl Ether (PGME) price trend in Vietnam has been influenced by reduced demand from various sectors, coupled with stable regional supply. The price fluctuations have been primarily driven by cargo availability and changes in purchasing behavior. The market experienced a steady decline, with prices decreasing by 2.70% in December 2025.

This reduction has been due to weakening demand and cautious purchasing behavior. Production rates remained stable, while consumption continued at a steady pace. In Vietnam, Propylene Glycol Monomethyl Ether (PGME) prices in December 2025 broader market showed signs of supply-driven adjustments, reflecting the PGME market dynamics in Vietnam.

PGME Price Trend Q1 2024

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. 

PGME Price Trend Q2 2024

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. 

PGME Price Trend Q3 2024

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. 

PGME Price Trend 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. 

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% min 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 Price Watch™?

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

Track Price Watch'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.

Propylene Glycol Monomethyl Ether (pgme) 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 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.

Propylene Glycol Monomethyl Ether (PGME) is a solvent commonly used in a variety of applications, including paints, coatings, cleaning products, and personal care formulations. It is valued for its excellent solvency properties, low evaporation rate, and ability to mix with both water and oil. The price of PGME matters because it directly impacts the production costs in industries that rely on it, influencing product pricing and overall supply chain economics.

PGME prices vary depending on region, grade, and delivery terms. Prices are typically quoted per metric ton and fluctuate based on supply-demand conditions, raw material costs, and production trends. Price-Watch™ provides real-time pricing insights across global markets to support informed decision-making.

PGME prices vary depending on region, grade, and delivery terms. Prices are typically quoted per metric ton and fluctuate based on supply-demand conditions, raw material costs, and production trends. Price-Watch™ provides real-time pricing insights across global markets to support informed decision-making.

The PGME market experiences moderate price fluctuations influenced by factors such as raw material costs (propylene oxide, methanol), demand from the coatings, cleaning, and personal care sectors, and production rates. Global economic conditions, supply chain disruptions, energy prices, and regulatory changes also play significant roles in shaping price trends.

The largest consumers of PGME are the paints and coatings industries, followed by the cleaning products and personal care industries. It is widely used as a solvent in formulations for industrial coatings, automotive paints, degreasers, detergents, shampoos, and perfumes due to its ability to dissolve a wide range of substances and its low toxicity.

PGME is produced by reacting propylene oxide with methanol in a process known as methylation. The production takes place in specialized chemical plants, with major manufacturing hubs in North America, Europe, and Asia. PGME is synthesized to ensure consistent solvent properties and high purity levels.

Major exporters of PGME include the United States, China, and Germany. These countries have strong chemical manufacturing infrastructure and large production capacities. Export dynamics depend on regional demand, production costs, and international trade conditions.

Globally, PGME supply is generally sufficient to meet demand. However, regional imbalances can occur due to feedstock availability, supply chain disruptions, or seasonal demand spikes, particularly in the coatings and personal care sectors. Temporary tightness may arise, but overall production capacity is typically adequate to meet demand.

PGME is available in various grades, including industrial-grade and high-purity grades. High-purity grades, which are used in sensitive applications like personal care and pharmaceuticals, tend to command higher prices due to more stringent quality controls and additional processing requirements. Pricing differences are influenced by grade, application, and purity levels.

A sudden increase in demand, especially from industries such as coatings or cleaning products, can lead to price hikes as supply tightens. Producers may prioritize contract customers, while spot buyers may face higher prices or limited availability. Capacity expansion may occur, but it typically requires time and investment to implement.

Energy prices play a significant role in PGME production, as the manufacturing process is energy-intensive. Higher energy costs, particularly for natural gas or electricity, increase production expenses and can lead to higher market prices for PGME. Energy price fluctuations also affect the cost of upstream feedstocks used in PGME production.

Regional price variations arise from differences in production costs, feedstock access, transportation logistics, and local demand conditions. Regions with strong domestic production tend to have more competitive pricing, while markets dependent on imports may see higher costs due to transportation fees, import tariffs, and local market dynamics.

PGME prices are expected to show moderate growth, supported by steady demand from coatings, cleaning, and personal care industries. While supply remains sufficient, fluctuations in raw material costs, energy prices, and global economic factors may create short-term volatility, but long-term trends are expected to remain stable with moderate increases.

Yes, accurate forecasts help businesses with procurement planning, cost optimization, and contract negotiation. By leveraging insights from Price-Watch™, businesses can better manage risks and take advantage of favorable pricing trends, enabling more strategic decision-making.

Global events such as geopolitical tensions, supply chain disruptions, plant shutdowns, and fluctuations in energy markets can impact PGME availability and pricing. These factors may cause short-term price volatility, particularly when demand surges or supply chain issues arise, affecting market sentiment and pricing.

Price-Watch™ provides trusted, real-time price assessments, market insights, and forecasts for PGME across regions, helping businesses track trends and make informed decisions.

Access Real-Time Propylene Glycol Monomethyl Ether (PGME) Price Trends
Access Real-Time Propylene Glycol Monomethyl Ether (PGME) Price Trends