With LSEG's Polymerupdate Petrochemical Pricing Data, you'll find weekly key prices and news from Asia's largest petrochemical market intelligence company.

Indices in terms of dollars or sdrs, indices of market prices for non-fuel commodities and petroleum, actual market prices for non-fuel commodities and petroleum, and average weekly prices for non-fuel commodities and petroleum.

Petrochemicals are essential to producing various items, keeping the need for products relatively stable. Revenue is typically in line with commodity prices and is very sensitive to swings in the price of critical inputs, primarily crude oil and natural gas. Revenue fell drastically amid the pandemic as oil and gas prices plummeted while the country went into lockdown. Even so, the need for petrochemicals was slightly buffed as residential construction thrived following low interest rates. After lockdowns ended, oil and gas prices skyrocketed, which aided growth as revenue nearly doubled. While price hikes caused petrochemicals to become more expensive, manufacturers were able to pass these costs down to customers, bolstering profitability. For the remainder of the period, revenue continued to swing alongside oil and gas prices as they slowly stabilized. Overall, revenue is set to swell at a CAGR of 6.8% to $82.0 billion through 2024, including a 1.1% uptick in 2024 alone. Exports continue to be critical for petrochemical manufacturers. China and India have drastically expanded their need for domestic products to bolster their markets, causing exports to surge despite an appreciation of the US dollar, which made US petrochemicals more expensive to foreign buyers. Canada also remained a significant export hub because of its proximity to the US. Oil and natural gas prices are set to dip and regress after intense growth spurts, which will cause revenue to dip. This is because supply chains are stabilizing alongside competitive global markets. Manufacturers will still exhibit steady revenue flow as the need for petrochemicals from downstream markets remains intact. The emergence of alternative feedstocks, like biodegradable materials, poses a threat because of their environmental friendliness. Nonetheless, their higher cost has limited their ability to make a substantial impact on reducing the reliance on petrochemicals.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Petroleum Products, Refined (WPS057) from Jan 1967 to Sep 2025 about refined, petroleum, fuels, commodities, PPI, inflation, price index, indexes, price, and USA.

Naphtha rose to 516.78 USD/T on December 1, 2025, up 1.18% from the previous day. Over the past month, Naphtha's price has fallen 4.73%, and is down 13.47% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Naphtha - values, historical data, forecasts and news - updated on December of 2025.

Japan Input Price Index: Mfg: CP: Petrochemical Basic Products data was reported at 98.400 1990=100 in Jun 2000. This records a decrease from the previous number of 99.000 1990=100 for May 2000. Japan Input Price Index: Mfg: CP: Petrochemical Basic Products data is updated monthly, averaging 84.650 1990=100 from Jan 1985 (Median) to Jun 2000, with 186 observations. The data reached an all-time high of 136.300 1990=100 in Apr 1985 and a record low of 65.700 1990=100 in Apr 1994. Japan Input Price Index: Mfg: CP: Petrochemical Basic Products data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I292: Input Price Index: Gross Weighted: 1990=100: Aggregate Commodity.

Revenue for petrochemical manufacturers closely tracks commodity price movements because crude oil and natural gas are essential feedstocks in petrochemical production. Manufacturers buy these commodities from suppliers and are subject to the market price. Since petrochemicals are essential for various downstream markets, companies can raise their prices accordingly to keep profitability from falling despite higher costs. High prices and limited supply drove Canadian chemical shipments after the pandemic, as rebounding global demand and rising commodity costs lifted sales. In 2021 alone, petrochemical sales increased sharply at 31.2%. This trend reversed as oversupply, particularly in global polyolefins, pushed prices down and caused a double-digit decline in revenue. Recent years have therefore been marked by volatility in petrochemical manufacturing, with the industry seeing modest growth at a CAGR of 1.4% to $7.0 through 2025. In 2025 alone, industry revenue is forecast to trend upward 1.8%. Exports remain critical for Canadian petrochemical manufacturers. The United States takes nearly all exported petrochemicals due to its large industrial base and proximity, which simplifies transportation. Trade surged in 2021 and 2022 as global prices climbed and downstream demand recovered, but oversupply and weaker commodity benchmarks reduced shipments by 2023. However, tariff measures introduced by the Trump administration have disrupted flows and increased uncertainty for exporters. Export values are forecast to fall 11.6% in 2025, with shipments to the US projected to contract by 9.5%. Declining commodity prices will put pressure on petrochemical manufacturers in the coming years. Weaker oil and gas prices will force companies to lower selling prices, even as the Canadian economy expands, supporting consumer spending and industrial production. Moreover, Canadian downstream industries will expand the use of renewable feedstocks like agricultural residues, algae and plant-based oils for plastics and chemical intermediates, presenting a major long-term threat to manufacturers. Petrochemical manufacturers will focus on reducing emissions and targeting higher-value markets, while also looking to expand overseas markets to lower reliance on the United States amid uncertainty from tariff actions. Industry revenue will stagnate in the coming years, expanding atm a CAGR of just 0.1% through 2030 to reach $7.0 billion.

Graph and download economic data for Producer Price Index by Commodity: Transportation Services: Pipeline Transportation of Petroleum Products (WPS301701) from Jan 2015 to Sep 2025 about pipeline, petroleum, transportation, production, services, commodities, PPI, price index, indexes, price, and USA.

On October 27, 2025, the Brent crude oil price stood at 65.14 U.S. dollars per barrel, compared to 61.31 U.S. dollars for WTI oil and 67.54 U.S. dollars for the OPEC basket. Oil prices rose slightly that week.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for global oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

The average price of ethylene worldwide amounted to some *** U.S. dollars per metric ton in 2023. The global production capacity of ethylene reached approximately ****** million tons in 2022. Petrochemical products Ethylene is the most commonly used petrochemical globally. A major part of its production is used to produce polyethylene, a common plastic material that accounts for roughly ** percent of global thermoplastic production. Other ethylene-derived products include ethylene glycol, ethylene dichloride, and styrene. Apart from ethylene, other widely produced petrochemicals are propylene, methanol, and paraxylene. Together they account for over ** percent of the global upstream petrochemical capacity. Petrochemical prices Petrochemical prices are highly dependent on the price of oil and related products. Feedstock costs represent the largest share of petrochemical production costs, ahead of fixed costs, power, and transportation. As with oil prices, the price of petrochemical products fell sharply during 2020, following the outbreak of the COVID-19 pandemic. That year, petrochemicals such as ethylene, propylene, or benzene registered the lowest price in recent years, although they picked up shortly after.

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Petroleum Products, Refined was 241.09100 Index 1982=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Petroleum Products, Refined reached a record high of 452.53500 in June of 2022 and a record low of 12.80000 in March of 1968. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Petroleum Products, Refined - last updated from the United States Federal Reserve on December of 2025.

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Other Petroleum and Coal Products, Including Coke Oven Products, Not Elsewhere Classified was 783.36600 Index Dec 1984=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Other Petroleum and Coal Products, Including Coke Oven Products, Not Elsewhere Classified reached a record high of 1196.18600 in March of 2023 and a record low of 88.10000 in August of 1988. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Other Petroleum and Coal Products, Including Coke Oven Products, Not Elsewhere Classified - last updated from the United States Federal Reserve on November of 2025.

United States - Producer Price Index by Commodity: Transportation Services: Pipeline Transportation of Crude Petroleum was 183.80900 Index Dec 2008=100 in May of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Transportation Services: Pipeline Transportation of Crude Petroleum reached a record high of 185.75800 in October of 2021 and a record low of 94.80000 in May of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Transportation Services: Pipeline Transportation of Crude Petroleum - last updated from the United States Federal Reserve on October of 2025.

China Settlement Price: Dalian Commodity Exchange: Liquefied Petroleum Gas: 1st Month data was reported at 4,250.000 RMB/Ton in Nov 2025. This records a decrease from the previous number of 4,339.000 RMB/Ton for Oct 2025. China Settlement Price: Dalian Commodity Exchange: Liquefied Petroleum Gas: 1st Month data is updated monthly, averaging 4,299.000 RMB/Ton from Mar 2020 (Median) to Nov 2025, with 69 observations. The data reached an all-time high of 6,442.000 RMB/Ton in Oct 2021 and a record low of 2,513.000 RMB/Ton in Mar 2020. China Settlement Price: Dalian Commodity Exchange: Liquefied Petroleum Gas: 1st Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price.

China Settlement Price: Dalian Commodity Exchange: Liquefied Petroleum Gas: 3rd Month data was reported at 4,361.000 RMB/Ton in Nov 2025. This records an increase from the previous number of 4,301.000 RMB/Ton for Oct 2025. China Settlement Price: Dalian Commodity Exchange: Liquefied Petroleum Gas: 3rd Month data is updated monthly, averaging 5,080.000 RMB/Ton from Mar 2020 (Median) to Nov 2025, with 69 observations. The data reached an all-time high of 6,204.000 RMB/Ton in May 2022 and a record low of 2,597.000 RMB/Ton in Mar 2020. China Settlement Price: Dalian Commodity Exchange: Liquefied Petroleum Gas: 3rd Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price.

The global commodity chemicals market is poised for significant expansion, projected to reach a market size of approximately $1,500 million by 2025, with an estimated Compound Annual Growth Rate (CAGR) of 8%. This robust growth is primarily driven by escalating demand from burgeoning end-use industries, including hospitals, biotechnology companies, and scientific research institutions. The increasing complexity of healthcare and research applications necessitates a continuous supply of foundational chemical components, ranging from organic and inorganic compounds to plastics resins and synthetic rubbers. Furthermore, the expanding manufacturing sector, particularly in petrochemicals and fibers, fuels the demand for these essential building blocks. Emerging economies, with their rapidly industrializing landscapes and growing populations, are expected to be key contributors to this market expansion, creating substantial opportunities for market players. Despite the positive outlook, the commodity chemicals market faces certain restraints, including fluctuating raw material prices and increasing environmental regulations. Volatility in crude oil prices, a primary feedstock for many commodity chemicals, can impact production costs and profit margins. Additionally, a growing emphasis on sustainability and green chemistry is compelling manufacturers to invest in cleaner production processes and explore bio-based alternatives, which can entail significant upfront costs and technological challenges. Nonetheless, ongoing innovation in chemical synthesis and process optimization, coupled with strategic collaborations and mergers, are expected to mitigate these challenges. The market's segmentation across diverse applications and chemical types underscores its foundational role in the global economy, supporting innovation and development across a wide spectrum of industries. Here is a unique report description on Commodity Chemicals, incorporating your specified details and structure:

This comprehensive report offers an in-depth analysis of the global commodity chemicals market, a foundational sector driving countless industries. Spanning a detailed study period from 2019 to 2033, with a base year of 2025 and an estimated year of 2025, this report meticulously examines historical trends from 2019-2024 and forecasts future trajectories. The market is meticulously segmented, providing granular insights into product types, applications, and industry developments, with a particular focus on the estimated market size in millions of units.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Natural Gas Liquids (WPU053201) from Jul 1991 to Sep 2025 about petroleum, fuels, gas, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Transportation Services: Pipeline Transportation of Petroleum Products was 169.14900 Index Dec 2008=100 in May of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Transportation Services: Pipeline Transportation of Petroleum Products reached a record high of 169.84800 in October of 2021 and a record low of 97.10000 in May of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Transportation Services: Pipeline Transportation of Petroleum Products - last updated from the United States Federal Reserve on November of 2025.

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating Grease Not from Petroleum Refineries was 501.64800 Index Jun 1985=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating Grease Not from Petroleum Refineries reached a record high of 501.64800 in October of 2024 and a record low of 95.60000 in September of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating Grease Not from Petroleum Refineries - last updated from the United States Federal Reserve on November of 2025.

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating and Similar Oils Not from Petroleum Refineries was 543.10500 Index Jun 1985=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating and Similar Oils Not from Petroleum Refineries reached a record high of 573.21600 in November of 2022 and a record low of 90.10000 in January of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating and Similar Oils Not from Petroleum Refineries - last updated from the United States Federal Reserve on November of 2025.