China
India
Saudi Arabia
United Arab Emirates
Egypt
Turkey
France
BelgiumAccording to PriceWatch, In Q2 2025, the price of propylene glycol varied across regions. In China, it reached USD 810 per ton, showing a 2% increase compared to the previous quarter, driven by steady demand from the pharmaceutical, food and cosmetics sectors. In Saudi Arabia, prices remained constant at USD 879 per ton, reflecting a balanced market with stable supply and consumption rates across key end-use industries.
According to PriceWatch, In Q2 2025, the price of propylene glycol varied across regions. In China, it reached USD 810 per ton, showing a 2% increase compared to the previous quarter, driven by steady demand from the pharmaceutical, food, and cosmetics sectors. In Saudi Arabia, prices remained constant at USD 879 per ton, reflecting a balanced market with stable supply and consumption rates across key end-use industries.
Meanwhile, in France, the price rose to USD 1,593 per ton, also marking a 2% increase from the previous quarter. The rise in France was influenced by stronger demand, particularly from the pharmaceutical and cosmetics sectors, supported by seasonal product requirements.
Across all regions, end-use industries such as pharma, food, and cosmetics continued to play a significant role in shaping pricing trends and market dynamics during the quarter.
In Q1 2025, propylene glycol prices decreased across key global markets. In China, prices dropped by 10%, reaching 794 USD/Ton, due to a favorable supply-demand balance and stable demand from the pharmaceutical, food, and cosmetics sectors. In Saudi Arabia, prices decreased by 8%, reaching 879 USD/Ton, attributed to a balanced supply-demand situation and steady consumption across these industries.
In France, prices fell by 6%, reaching 1564 USD/Ton, driven by consistent consumption and a more balanced market. These price adjustments reflected stable demand and supply conditions across the pharmaceutical, food, and cosmetics sectors in all regions.
In Q4 2024, propylene glycol prices showed a decline across key global markets. In China, prices decreased by 4%, reaching 887 USD/Ton, driven by a balanced supply-demand situation and stable demand from the pharmaceutical, food, and cosmetics sectors.
In Saudi Arabia, prices dropped by 11%, reaching 953 USD/Ton, with the decline attributed to a more balanced supply-demand scenario and steady consumption across the same sectors.
In France, prices decreased by 3%, reaching 1664 USD/Ton, influenced by balanced supply-demand conditions and consistent consumption across the pharmaceutical, food, and cosmetics industries. These price adjustments reflect stable market conditions globally.
In Q3 2024, propylene glycol prices showed mixed trends across key global markets. In China, prices decreased by 3%, reaching 920 USD/Ton, driven by a more balanced supply-demand situation and stable demand from the pharmaceutical, food, and cosmetics sectors.
In Saudi Arabia, prices increased by 1%, reaching 1076 USD/Ton, with the slight rise attributed to increased production costs and steady consumption across these industries.
In France, prices rose by 4%, reaching 1720 USD/Ton, influenced by higher raw material costs and consistent demand from the pharmaceutical, food, and cosmetics sectors. These price adjustments reflect varying market dynamics in each region.
In Q2 2024, propylene glycol prices showed a decline across key global markets. In China, prices decreased by 8%, reaching 947 USD/Ton, driven by a favorable supply-demand balance and stable demand from the pharmaceutical, food, and cosmetics sectors. In Saudi Arabia, prices dropped by 3%, reaching 1070 USD/Ton, with steady demand in the same sectors and a more balanced supply-demand situation.
In France, prices decreased by 1%, reaching 1653 USD/Ton, with consistent consumption across the pharmaceutical, food, and cosmetics industries and balanced supply and demand conditions. These price adjustments reflected stable market activity and demand trends across the regions.
In Q1 2024, propylene glycol prices showed varying trends across key global markets. In China, 1026 USD/Ton prices decreased by 2% compared to the previous quarter, with stable demand from the pharmaceutical, food, and cosmetics sectors, reflecting a balanced supply-demand scenario.
Meanwhile, in Saudi Arabia, 1100 USD/Ton prices of propylene glycol rose by 9%, driven by higher production costs and strong consumption across the same sectors, indicating increased market activity.
In France, prices increased by 4%, reaching 1665 USD/Ton with steady demand from the pharmaceutical, food, and cosmetics sectors, influenced by higher raw material costs and ongoing market activity.
In Q1 2025, the CIF India (China) price dropped to 872 USD/ton from 966 USD/ton in the previous quarter, marking a 10% decrease. Similarly, the India ex price fell to 986 USD/ton from 1030 USD/ton, a 4% decline compared to the prior quarter. These price reductions impacted key end-use industries such as the pharmaceutical, food, and cosmetics sectors.
The decrease in raw material costs contributed to adjustments in procurement and production strategies across these industries, reflecting market responses to shifting supply and demand dynamics during the period.
According to PriceWatch, In Q2 2025, the price of propylene glycol in India averaged USD 868 per ton, reflecting a slight decrease of 0.5% compared to the previous quarter. Additionally, ex-works prices stood at USD 975 per ton, down by 1% quarter-over-quarter. The marginal decline in prices was influenced by stable yet cautious demand from key end-use sectors, including pharmaceuticals, food, and cosmetics.
The pharmaceutical sector, a major consumer, maintained consistent procurement levels, while the food and cosmetics industries showed slight moderation in demand due to seasonal and inventory factors. Despite stable supply conditions, buyers remained price-sensitive amid global economic uncertainties.
This cautious market sentiment and moderate consumption trends contributed to the downward adjustment in propylene glycol prices across both domestic and ex-works markets in India during the second quarter of 2025.
In Q1 2024, CIF India (China) prices rose to 1081 USD/ton from 1064 USD/ton in the previous quarter, marking a 2% increase. Meanwhile, India ex prices saw a more significant rise, reaching 1297 USD/ton compared to 1169 USD/ton last quarter, an 11% increase. These price changes impacted key end-use industries such as the pharmaceutical, food, and cosmetics sectors.
The pharmaceutical sector faced moderate cost pressures due to the price rise, while the food and cosmetics industries experienced notable increases in raw material expenses. Overall, these sectors adjusted their procurement and pricing strategies in response to the evolving market conditions.
In Q2 2024, CIF India (China) prices dropped to 1009 USD/ton from 1081 USD/ton in the previous quarter, reflecting a 7% decrease. Similarly, India ex prices fell by 10%, reaching 1161 USD/ton compared to 1297 USD/ton last quarter. This decline affected major end-use industries such as pharmaceuticals, food, and cosmetics.
The pharmaceutical sector benefited from reduced raw material costs, easing production expenses. The food and cosmetics industries also experienced cost relief, which helped stabilize their pricing strategies. Overall, these industries adjusted their operations to take advantage of the lower input prices during the quarter.
In Q3 2024, CIF India (China) prices slightly decreased to 997 USD/ton from 1009 USD/ton in the previous quarter, marking a 1% drop. Meanwhile, India ex prices saw a sharper decline of 10%, falling to 1044 USD/ton from 1161 USD/ton. This downward movement affected major end-use sectors such as pharmaceuticals, food, and cosmetics.
The pharmaceutical industry benefited from reduced raw material costs, lowering production expenses. Likewise, the food and cosmetics sectors enjoyed cost savings that allowed for more competitive pricing. Overall, these industries responded to the falling prices by streamlining supply chains and revising procurement approaches.
In Q4 2024, CIF India (China) prices dropped by 3% to 966 USD/ton from 997 USD/ton in the previous quarter. India ex prices also declined slightly by 1%, falling to 1030 USD/ton from 1044 USD/ton. These decreases affected major end-use sectors such as pharmaceuticals, food, and cosmetics.
The pharmaceutical industry continued to benefit from reduced raw material costs, easing production expenses. Likewise, the food and cosmetics sectors saw modest cost savings, which helped maintain stable pricing. Overall, these industries adapted their supply chains and procurement strategies in response to the continued price decline.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Propylene Glycol is a colorless, odorless, and moisture-absorbing liquid utilized in food, pharmaceuticals, cosmetics, and industrial sectors. It functions as a solvent, moisturizer, and antifreeze agent. The main feedstock for propylene glycol is propylene oxide, which undergoes a hydration reaction with water. It is widely used in producing plastics, personal care products, and food additives.
Packaging Type
Propylene Glycol Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
| Property | Typical value |
| Molecular weight (g/mol) | 76.10 |
| Boiling point, 101.3 kPa (1 ATM) | 187.4°C (369.3°F |
| Viscosity, 25°C (77°F) 60°C (140°F) | 48.6 centipoise (mPa.s) 8.42 centipoise (mPa.s) |
| Flash point, Pensky-Martens Closed Cup | 104°C (220°F) |
| Specific gravity 20/20°C (68/68°F) 25/4°C (77/39°F) 60/4°C (140/39°F | 1.038 1.033 1.007 |
| Flash point | 104°C (220°F) |
Propylene Glycol Industrial Applications
It is used in the production of antifreeze, heat exchanger resin and diol derivatives, and is also used as a solvent, plasticizer and wetting agent. Used in automotive and industrial cooling systems due to its low freezing point and high boiling point . Serves as a raw material in the production of plastics, resins, and other chemicals.
Propylene Glycol USP/EP is a widely used ingredient in pharmaceutical, food, cosmetic, personal care, flavors and animal feed applications; an overview of typical uses of PG USP/EP
Pharmaceuticals – Solvent for active ingredients in oral, and topical products. Cosmetics & Personal Care – Solvent, coupling agent, carrier, emulsion stabilizer, softening agent, viscosity modifier and humectant in many types of cosmetics and personal care products such as skincare, sun care, shampoo, bath/shower products, toothpastes, mouthwashes, shaving products and baby care products. Flavors & Fragrances – Solvent and extraction solvent of flavors and fragrances for applications in food, beverages, perfumes and cosmetics.
These events underscore the Propylene Glycol market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
PriceWatch is your trusted resource for tracking global propylene glycol 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 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 prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely propylene glycol market data.
Track PriceWatch's propylene glycol price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.
This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Propylene Glycol pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Propylene Glycol is a colorless, odorless, and moisture-absorbing liquid utilized in food, pharmaceuticals, cosmetics, and industrial sectors. It functions as a solvent, moisturizer, and antifreeze agent. The main feedstock for propylene glycol is propylene oxide, which undergoes a hydration reaction with water. It is widely used in producing plastics, personal care products, and food additives.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
| Property | Typical value |
| Molecular weight (g/mol) | 76.10 |
| Boiling point, 101.3 kPa (1 ATM) | 187.4°C (369.3°F |
| Viscosity, 25°C (77°F) 60°C (140°F) | 48.6 centipoise (mPa.s) 8.42 centipoise (mPa.s) |
| Flash point, Pensky-Martens Closed Cup | 104°C (220°F) |
| Specific gravity 20/20°C (68/68°F) 25/4°C (77/39°F) 60/4°C (140/39°F | 1.038 1.033 1.007 |
| Flash point | 104°C (220°F) |
Applications
It is used in the production of antifreeze, heat exchanger resin and diol derivatives, and is also used as a solvent, plasticizer and wetting agent. Used in automotive and industrial cooling systems due to its low freezing point and high boiling point . Serves as a raw material in the production of plastics, resins, and other chemicals.
Propylene Glycol USP/EP is a widely used ingredient in pharmaceutical, food, cosmetic, personal care, flavors and animal feed applications; an overview of typical uses of PG USP/EP
Pharmaceuticals – Solvent for active ingredients in oral, and topical products. Cosmetics & Personal Care – Solvent, coupling agent, carrier, emulsion stabilizer, softening agent, viscosity modifier and humectant in many types of cosmetics and personal care products such as skincare, sun care, shampoo, bath/shower products, toothpastes, mouthwashes, shaving products and baby care products. Flavors & Fragrances – Solvent and extraction solvent of flavors and fragrances for applications in food, beverages, perfumes and cosmetics.
The price of propylene glycol is influenced by several factors, including raw material costs, particularly propylene, and production methods. Fluctuations in energy prices, supply chain dynamics, and seasonal demand from industries such as food and beverages, pharmaceuticals, and cosmetics also play a crucial role. Additionally, regulatory changes and market trends can lead to price volatility.
Supply chain disruptions, such as transportation delays, natural disasters, or geopolitical issues, can significantly impact the availability of propylene glycol. These disruptions may lead to increased shipping costs and potential shortages, causing prices to rise. Procurement heads should monitor global events and logistics to anticipate price changes and ensure a stable supply.
To manage procurement costs for propylene glycol, teams can adopt several effective strategies:
Long-Term Agreements: Establishing long-term contracts with suppliers can help lock in prices and ensure consistent supply.
Market Analysis: Regularly analyzing market trends and forecasts allows for informed purchasing decisions, optimizing timing for orders.
Diversifying Suppliers: Engaging multiple suppliers reduces dependency on a single source, mitigating risks associated with price fluctuations and supply disruptions.
Bulk Purchasing Options: Buying in bulk can yield cost savings, especially during periods of favorable pricing.
