Polypropylene Glycol, commonly known as PPG, is an important chemical used in many industries. It is widely used in polyurethane foams, coatings, adhesives, sealants, lubricants, pharmaceuticals, and even in some specialty chemical applications. Because it serves so many sectors, changes in Polypropylene Glycol Prices often reflect the overall health of industrial activity.

In the third quarter (Q3) of 2025, the global Polypropylene Glycol price trend showed a mostly downward movement. On average, prices declined by around 2–3% compared to the second quarter (Q2) of 2025. The main reasons behind this drop were weaker demand from key sectors such as polyurethane foams and coatings, oversupply in some regions, and slower industrial activity. Even though feedstock and energy prices remained mostly stable, market conditions were soft.

Let’s look at the global situation first, and then understand how different countries performed during the quarter.

Global Market Overview

During Q3 2025, the global PPG market faced moderate pressure. Demand from automotive, construction, coatings, and plasticizer industries slowed down in many parts of the world. These industries are major consumers of Polypropylene Glycol. When production slows in these sectors, demand for PPG automatically reduces.

At the same time, supply remained steady. Major producers, especially in Asia, continued operating at stable production levels. This created oversupply conditions in some markets. When supply is higher than demand, prices naturally move downward.

Please Submit Your Query For PPG Price Trend, Market Analysis and Forecast: https://www.price-watch.ai/book-a-demo/

Another important factor was inventory destocking. Many buyers had stocked material earlier and chose to use existing inventories instead of placing new orders. This reduced fresh demand in the market.

Although feedstock costs such as propylene were relatively stable, rising freight charges and supply chain disruptions added some cost pressure. However, these were not strong enough to push prices up because demand was weak.

As a result, Polypropylene Glycol Prices in September 2025 were generally lower than in Q2. The market mood remained cautious, with buyers purchasing only as needed.

South Korea: Slight Decline in Export Prices

In South Korea, Polypropylene Glycol export prices (FOB Busan, Molecular Weight 1000, Viscosity 135–165) declined by 1.42% in Q3 2025 compared to Q2.

The Polypropylene Glycol price trend in South Korea was mainly influenced by reduced demand from automotive and coatings industries. These sectors experienced slower production during the quarter.

Although production levels remained stable, oversupply conditions and slightly higher freight costs added pressure on pricing. By September 2025, prices continued their downward movement.

Looking ahead, Q4 2025 may remain volatile depending on how quickly automotive and coatings demand improves.

Thailand: Mild Reduction

In Thailand, Polypropylene Glycol export prices (FOB Laem Chabang) decreased by 1.00% in Q3 2025.

The price decline was driven by slower demand from automotive and chemical manufacturing sectors. Industrial activity softened, leading to reduced consumption of PPG.

Freight costs increased slightly, adding extra pressure. Despite stable production, the presence of oversupply in the market pushed prices down.

In September 2025, Polypropylene Glycol Prices in Thailand remained on a downward path. The next quarter will depend heavily on industrial recovery.

India: Small Decline in Import Prices

In India, Polypropylene Glycol import prices (CIF Nhava Sheva, from South Korea) decreased by 0.39% in Q3 2025.

The Polypropylene Glycol price trend in India was affected by weaker demand from pharmaceutical and coatings industries. These sectors experienced slowdowns partly due to global supply chain disruptions.

Even though feedstock costs were stable, higher freight charges and oversupply conditions contributed to the price decline. September 2025 prices stayed lower, reflecting cautious buying behavior.

The outlook for Q4 suggests continued pressure unless demand strengthens in key sectors.

Australia: Nearly Stable Market

In Australia, Polypropylene Glycol import prices (CIF Melbourne, from South Korea) declined slightly by 0.13% in Q3 2025.

Demand from coatings and chemical sectors remained relatively stable. However, overall market softness and higher freight costs resulted in a small price correction.

Slower production in some downstream industries and supply chain disruptions kept price movements limited. In September 2025, prices remained mostly stable with a slight decline.

The Q4 outlook suggests that prices may remain stable unless there is a major change in demand.

Germany: Exception with Slight Increase

Germany was one of the few markets that saw a price increase. Polypropylene Glycol import prices (CIF Hamburg, from South Korea) rose by 0.97% in Q3 2025.

The Polypropylene Glycol price trend in Germany was supported by consistent demand from pharmaceutical and coatings industries. These sectors maintained steady production levels.

Higher feedstock costs, particularly propylene, and increased transportation expenses also contributed to the price rise.

In September 2025, prices continued to move upward. For Q4 2025, moderate price increases may continue if demand remains strong.

Saudi Arabia: Moderate Decline

In Saudi Arabia, Polypropylene Glycol import prices (CIF Jeddah, from South Korea) decreased by 1.85% in Q3 2025.

The decline was mainly due to weaker demand from automotive and coatings industries. Production slowdowns in these sectors reduced consumption.

Rising freight costs and supply chain disruptions added pressure, but demand weakness was the main factor. September 2025 prices remained lower.

The Q4 outlook remains cautious, with prices likely to stay under pressure unless industrial demand improves.

Turkey: Noticeable Price Drop

In Turkey, Polypropylene Glycol import prices (CIF Mersin, from South Korea) dipped by 2.04% in Q3 2025.

Reduced demand from automotive and coatings sectors drove the decline. Although freight costs increased slightly, overall market softness had a stronger impact.

Polypropylene Glycol Prices in September 2025 continued their downward movement. The market will depend on industrial recovery and improved economic activity in Q4.

USA: Largest Decline Among Major Markets

In the United States, Polypropylene Glycol import prices (CIF Houston, from South Korea) fell by 3.00% in Q3 2025.

The Polypropylene Glycol price trend in the USA was influenced by slower demand from automotive and chemical sectors. Production activity slowed, reducing PPG consumption.

Rising freight costs and ongoing supply chain disruptions added additional pressure. By September 2025, prices were clearly lower than Q2 levels.

The Q4 outlook remains uncertain. Unless automotive and construction sectors show improvement, prices may continue facing pressure.

Key Factors Behind the Polypropylene Glycol Price Trend

Across all markets, several common factors shaped the Q3 2025 Polypropylene Glycol price trend:

• Weak demand from automotive, coatings, polyurethane foams, and chemical sectors

• Oversupply from major Asian producers

• Inventory destocking by buyers

• Stable but not rising feedstock costs

• Rising freight charges and logistical disruptions

When demand slows and supply remains stable or high, prices naturally decline. This simple market balance explains most of the price movements during the quarter.

Market Outlook for Q4 2025

Looking ahead, the global PPG market may see some recovery if automotive and construction activities improve. These sectors are key drivers of Polypropylene Glycol Prices.

If industrial production increases and inventory levels normalize, demand could strengthen. However, if supply continues to exceed demand, prices may remain under pressure.

In simple terms, Q3 2025 was a soft quarter for the global PPG market. Most regions experienced price declines due to weak demand and oversupply conditions. The coming months will depend on economic recovery, industrial activity, and global trade stability.

Overall, the Polypropylene Glycol price trend reflects a cautious market environment, where buyers remain careful and sellers compete in a demand-driven landscape.