| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Polypropylene (PP) | China | FOB | USD 1,431.67/MT | April 2026 |
| Polypropylene (PP) | USA | CIF | USD 1,518.67/MT | April 2026 |
| Polypropylene (PP) | Germany | CIF | USD 1,557.67/MT | April 2026 |
| Polypropylene (PP) | India | CIF | USD 1,481.67/MT | April 2026 |
| Polypropylene (PP) | Japan | CIF | USD 1,473.67/MT | April 2026 |
| Polypropylene (PP) | China | FOB | USD 1,264.12/MT | March 2026 |
| Polypropylene (PP) | USA | CIF | USD 1,351.00/MT | March 2026 |
| Polypropylene (PP) | Germany | CIF | USD 1,346.00/MT | March 2026 |
| Polypropylene (PP) | India | CIF | USD 1,319.00/MT | March 2026 |
| Polypropylene (PP) | Japan | CIF | USD 1,300.00/MT | March 2026 |
Stay updated with the latest polypropylene (pp) prices, historical data, and tailored regional analysis
Asia
In Asia, PP prices rose strongly during Q1’26 due to higher propylene and crude-linked feedstock costs. China prices increased from ~USD 941.74/MT in January to ~USD 1,264.12/MT in March, showing a ~34.23% rise. India prices moved from ~USD 1,050.41/MT to ~USD 1,319.00/MT, up ~25.57%. Japan followed the same trend, rising from ~USD 983.92/MT to ~USD 1,300.00/MT, a ~32.13% increase. The Strait of Hormuz closure affected Middle East polymer and feedstock cargo movement into Asia, lifting import replacement costs. Demand from packaging, raffia, films, and injection-molded goods supported firm buying.
Europe
In Europe, PP prices increased during Q1’26 as feedstock and logistics costs strengthened. Germany prices rose from ~USD 1,063.38/MT in January to ~USD 1,346.00/MT in March, recording a ~26.58% increase. The rise was mainly driven by higher crude, naphtha, and propylene cost pressure after the Iran war disrupted energy trade routes. Downstream demand from packaging, automotive parts, and consumer goods remained steady, allowing producers to pass on higher costs.
North America
In North America, PP prices also moved upward in Q1’26. USA prices increased from ~USD 1,027.12/MT in January to ~USD 1,351.00/MT in March, reflecting a ~31.53% rise. Feedstock pressure from crude, propane, and propylene supported the increase, while higher global freight costs lifted replacement values. Demand from packaging, injection molding, and industrial applications remained firm.
Analyst Insight
According to Procurement Resource, near-term PP prices are likely to remain firm if crude, propylene, freight, and Middle East supply risks persist. A correction may occur if energy markets stabilize and downstream buyers reduce restocking.
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Asia
In Asia, Polypropylene prices dropped in the second half of 2025. China produced a lot of PP and became self-sufficient, which increased exports and created more supply in the region. Japan also had too much PP in stock because shipments to the U.S. were redirected back to local markets due to tariffs. Downstream demand from packaging and other industries was weak. Producers had enough material and inventories were high, so they offered discounts. Some costs like propylene and naphtha increased slightly, but they were not enough to stop prices from falling. Overall, the market in Asia stayed oversupplied and prices moved down.
Europe
In Europe, PP prices were mostly flat but showed slight declines in late H2’25. Some factories reduced operating rates and the restart of plants that were under force majeure added more supply to the market. Demand remained weak, especially from packaging and consumer goods sectors. Buyers were cautious and often waited for better deals. Imports from Asia and the Middle East were still active, which added competition. Overall, supply exceeded demand, keeping prices stable or a bit lower.
North America
In North America, PP prices were mixed but slightly down overall. Some plants restarted after maintenance, while others faced equipment problems, keeping supply tight in certain areas. Demand from automotive, packaging, and construction remained weak. Buyers were cautious because consumer confidence was low and some industries slowed down. Even with upcoming new capacities, prices stayed mostly flat to slightly lower, as supply and demand were balanced but demand stayed weak.
Polypropylene or PP is basically a thermoplastic polymer that is utilised in a wide variety of applications. It is prepared via chain-growth polymerisation from the monomer propylene. Polypropylene belongs to the group of polyolefins and is partially crystalline as well as non-polar. Its characteristics are similar to that of polyethylene, but it is slightly harder and more heat resistant.
Packaging, Engineering plastic, Plastic parts
Polypropene, 9003-07-0, Polipropene 25 [USAN], Propene polymers, Propylene polymers
LyondellBasell Industries Holdings B.V., SABIC, Exxon Mobil Corporation, DuPont de Nemours, Inc., INEOS Capital Limited., Total S.A., Formosa Plastics Corporation, LG Chem Ltd., Sumitomo Chemical Co., Ltd., Eastman Chemical Company, BASF SE, Braschem S.A., Borealis AG, PetroChina Company Limited, Reliance Industries Limited, Sasol Limited, Sinopec Zhenhai Refining & Chemical Co.
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
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Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In the gas phase polymerisation process, propene is passed over heterogeneous catalyst particles to finally produce polymer in a powdered form, which is further transformend into pellets.
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The report is the study of economics of polypropylene production by bulk polymerization method.
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