| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Propylene | China | FOB | USD 1,222.64/MT | June 2026 |
| Propylene | India | CIF | USD 1,310.63/MT | June 2026 |
| Propylene | USA | CIF | USD 1,377.63/MT | June 2026 |
| Propylene | Brazil | CIF | USD 1,394.63/MT | June 2026 |
| Propylene | Canada | CIF | USD 1,372.63/MT | June 2026 |
| Propylene | China | FOB | USD 1,364.31/MT | May 2026 |
| Propylene | India | CIF | USD 1,431.34/MT | May 2026 |
| Propylene | USA | CIF | USD 1,483.19/MT | May 2026 |
| Propylene | Brazil | CIF | USD 1,496.00/MT | May 2026 |
| Propylene | Canada | CIF | USD 1,483.19/MT | May 2026 |
Stay updated with the latest Propylene prices, historical data, and tailored regional analysis
Renewed fighting between US and Iran has slowed shipping through the Gulf of Hormuz, disrupting supply routes. Benchmark crude prices have climbed sharply from pre-conflict levels, reflecting heightened geopolitical risk. The upward price pressure is likely to continue while tensions persist.
Intensified US-Iran military actions disrupt oil shipments through the Strait of Hormuz, causing a sharp spike in crude oil prices. The price jump leads to severe depreciation of the Indian rupee, raising import costs and inflationary concerns.
Asia
In China, the prices of Propylene were ~RMB 9.13/kg in April and ~RMB 9.23/kg in May, showing a ~1.1% increase. Prices strengthened as maintenance shutdowns and reduced propane availability lowered output from dehydrogenation units. Operating rates fell to nearly 55% during April, tightening merchant supply while polypropylene plants restarted and increased purchases. In India, the prices of Propylene were ~INR 131.67/kg in April and ~INR 135.98/kg in May, showing a ~3.3% increase. Indian prices followed firmer regional costs and constrained Asian availability. Supply pressure eased later as Chinese plants restarted, new capacity became available and inventories increased. Weak margins in downstream chemicals and seasonal softness in polypropylene products then restricted further gains.
Europe
European propylene prices rose early in Q2 due to cracker turnarounds, limited feedstock availability and disruption to Middle Eastern trade routes. Buyers increased imports from the United States, with April arrivals exceeding the total recorded during March. Improved imports, returning production and lower energy costs eased supply pressure by June. Polypropylene converters had already accumulated inventories during the earlier disruption and reduced fresh purchases, causing spot prices to correct from their April highs.
North America
In the United States, the prices of Propylene were ~USD 1,424.43/MT in April and ~USD 1,483.19/MT in May, showing a ~4.1% increase. Export demand from Europe and restricted global supply supported April and May pricing. The wide regional price difference encouraged transatlantic cargo movements and temporarily tightened US Gulf availability. Conditions softened later as international demand eased, refinery output improved and polypropylene export prices declined. Weak resin netbacks reduced derivative producers’ willingness to accept further propylene increases.
Analyst Insight
According to Procurement Resource, propylene prices may remain softer as plant operations normalise and derivative demand stays cautious, though planned maintenance or feedstock disruptions could provide temporary support.
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Asia
In Q4 2025, the propylene price curve in Asia displayed mixed movement. In China, prices declined during the first half of the quarter, extending the weaker sentiment carried over from the previous quarter. Downstream buying interest remained cautious, particularly from polypropylene producers operating under significant margin pressure and reduced run rates. Operating losses in key derivative sectors limited restocking activity, while expectations of additional supply from plant restarts weighed on market sentiment.
Cost support from feedstock remained limited, as volatility in international oil markets and ongoing structural oversupply concerns restricted upward momentum. In the second half of the quarter, prices recorded a slight recovery as the market adjusted to earlier declines. However, the rebound was modest, and by the end of the quarter, prices stabilized within a narrow range, reflecting balanced but subdued fundamentals.
In India, the propylene price chart indicated range-bound movements during the quarter. The prices were about 794 USD/MT (CFR) in October and around 792 USD/MT in December. Prices rose during the initial phase, reaching a mid-quarter peak, before reversing direction and declining in the latter half. The overall fluctuation remained limited, with the quarter ending close to the starting range. This pattern suggests temporary firming followed by correction, consistent with controlled supply-demand dynamics and cautious procurement behaviour.
Europe
In Europe, propylene prices broadly resembled the Asian trend during the fourth quarter of 2025. The quarter began with softer pricing, reflecting limited downstream momentum and measured buying interest. As in Asia, demand from derivative sectors remained cautious, and no strong cost push was evident. During the latter part of the quarter, prices showed mild recovery before moving into a stable phase. Overall volatility was contained, and the market transitioned from early weakness to relative stability by the end of the period.
North America
In Q4’25, North American propylene prices followed a comparable trajectory to the other global markets. Initial softness during the first half of the quarter was linked to balanced-to-ample supply and moderate derivative demand. Mid-quarter adjustments provided limited upward movement, but gains were not sustained. By the close of the quarter, prices had stabilized, aligning with broader global patterns of contained recovery and consolidation.
Propylene, an unsaturated organic compound, is basically a colourless gas with a faint petroleum like odour. It can be produced as a by-product from naphtha crackers, among other production methods. It is used as the raw material to produce a variety of products and serves as a significant starting material in the petrochemical industry. It is majorly used to produce polypropylene, a polymer used in various end use sectors.
C3H6
Fuels and fuel additives, Intermediates, Laboratory chemicals, Polymer intermediate, pellet production, Polymers, Processing aids
Propene, 1-Propene, Methylethylene, Methylethene
Saudi Basic Industries Corporation (SABIC), INEOS Capital Limited, Dow Chemical Company, LyondellBasell Industries Holdings B.V., BASF SE, Chevron Phillips Chemical Company LLC
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
Post-Sale Analyst Support360-degree analyst support after report delivery
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.
Steam cracking is the dominant technology for producing propylene. The naphtha is one of the major feedstocks used in the process. Propane obtained from these feedstocks undergoes dehydrogenation to finally produce Propylene, where the by-product is hydrogen.
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