The monthly price of propylene worldwide experienced fluctuations between 2020 and 2024. The highest figure in the period under consideration was observed in March 2022 when propylene price reached ***** U.S. dollars per metric ton. In October 2024, the global price of propylene amounted to *** U.S. dollars.

In Q3 2025, USA, the Propylene Price Index declined by 6.4% quarter-over-quarter, from supply outages and higher feedstock costs. North America Check detailed insights for Europe, MEA, South America and APAC.

The average price of propylene amounted to some *** U.S. dollars per metric ton in 2023, down from *** dollars per metric ton one year earlier. Production and uses of propylene Propylene, also known as propene, ranks as the second most-consumed primary petrochemical worldwide, only after ethylene. In 2022, propylene accounted for ** percent of the global primary petrochemical consumption. Most of the propylene produced is used to manufacture polypropylene, one of the most common thermoplastic materials used today. The petrochemical compound is also used extensively as a building block to produce diverse chemicals such as isopropyl alcohol, propylene oxide, acrylonitrile, and acrylic acid. In 2020, the global production capacity of propylene stood at *** million metric tons. Polypropylene market The market volume of polypropylene is forecast to follow an increasing trend during the next years, reaching approximately 100 million metric tons by 2029. Similarly, the market value of the compound is expected to increase by more than ** percent in 2029 in comparison with 2021. Similarly to the development of the price of propylene during the last year, the average price of polypropylene in 2023 showed a small decrease in comparison with 2022.

Get the latest insights on price movement and trend analysis of Propylene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Polypropylene rose to 6,407 CNY/T on December 2, 2025, up 0.03% from the previous day. Over the past month, Polypropylene's price has fallen 2.29%, and is down 14.24% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Polypropylene.

In Q3 2025, North America, the Propylene Glycol Price Index rose by 0.92% quarter-over-quarter, reflecting balanced supply. Check detailed insights for Europe and APAC.

Get the latest insights on price movement and trend analysis of Propylene (Polymer Grade) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The propylene oxide prices in the United States for Q4 2023 reached 1305 USD/MT in December. The market was stable initially but fell as the quarter progressed due to lower feedstock propylene costs and weak energy prices. Additionally, despite subdued construction demand, commercial construction saw a rise in polyurethane procurement. Consumer spending remained robust, particularly in pharmaceuticals, driven by rising healthcare prices. Towards the quarter’s end, prices increased slightly due to higher shipping costs.

Propylene Oxide Prices December 2023

Explore IMARC’s newly published report, titled “Propylene Oxide Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of propylene oxide pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

In Q3 2025, North America, the Propylene Oxide Price Index fell by 4.45% quarter-over-quarter, reflecting weak downstream demand. Check detailed insights for Europe and APAC.

Explore the complex dynamics influencing propylene prices as of October 2023, from crude oil fluctuations and economic trends to environmental policies and recycling technologies. Understand the impact of weather events and trade policies on this critical chemical feedstock used across various industries.

In Q3 2025, North America Propylene Carbonate Spot Price in North America declined in September 2025, primarily due to reduced demand, Check detailed insights for Europe and APAC.

In Q3 2025, North America, the Polypropylene Price Index fell by 3.75% quarter-over-quarter, reflecting ample monomer supply. Check detailed insights for Europe, MEA, South America and APAC.

Get the latest insights on price movement and trend analysis of Propylene Glycol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Explore the complexities of forecasting propylene prices by examining key influences such as crude oil fluctuations, supply-demand dynamics, and regional market trends. Understand how geopolitical events and economic cycles impact this vital petrochemical's market.

Discover the latest insights into the global ethylene and propylene market, projected to contract at a CAGR of -2.7% until 2033. Explore market size, regional trends, key players (SINOPEC, Dow, LyondellBasell), and the impact of fluctuating oil prices and environmental regulations on this crucial petrochemical sector.

Explore the crucial role of the propylene price chart in the petrochemical industry, highlighting historical and current price trends influenced by factors like crude oil prices, supply dynamics, and geopolitical events. Understand how these charts aid stakeholders in strategic decision-making and predicting future price movements.

Get the latest insights on price movement and trend analysis of Propylene Carbonate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In 2023, the global average price of polypropylene (PP) was *** U.S. dollars per ton – a decrease of *** U.S. dollars, compared with the previous years. The global polypropylene market The global polypropylene market was valued at ****** billion U.S. dollars in 2022. The global PP market is projected to continue growing over the next decade, registering a CAGR of *** percent during the forecast period of 2023 to 2030 to reach a value of ****** billion U.S. dollars. This will see the polypropylene market volume rise to over 100 million metric tons by 2030. Polypropylene end-uses Polypropylene is one of the most commonly used thermoplastics due to its elasticity and durability and is used across a wide range of end-uses including electronics, transportation, and construction. However, the major end-user of polypropylene is the plastic packaging industry.

The price of mono propylene glycol (MPG) in the USA reached 3272 USD/MT in June 2023.

Mono Propylene Glycol (MPG) Prices June 2023

Explore IMARC’s newly published report, titled “Mono Propylene Glycol (MPG) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of mono propylene glycol (MPG) pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

The Indian propylene glycol market soared to $1.3B in 2024, with an increase of 33% against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2024: its value increased at an average annual rate of +6.4% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -0.2% against 2022 indices.