Propylene Carbonate Price Trends, Forecast, Chart, Prices And Index in India 2026
Author : Nihal Negi | Published On : 08 Oct 2026
The Propylene Carbonate Price Trend in India moved strongly upward during Q2 2026, supported by steady demand from lithium battery applications, coatings, adhesives, specialty chemicals, and industrial solvents.
During the quarter, prices across major Asian and nearby markets increased by around 35–70%, showing that the market was operating with firm buying interest and relatively controlled availability.
In India, imported material prices increased significantly, while the Mumbai market also recorded a strong quarterly rise. The movement reflected a combination of import costs, distributor activity, inventory planning, and regular procurement from downstream industries.
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Propylene Carbonate Market Overview in Q2 2026
Propylene Carbonate is used in several industrial applications where a high-performance solvent and chemical intermediate is required. It is particularly important in battery-related applications, coatings, adhesives, cleaners, and specialty chemical formulations.
Because of this wide range of uses, changes in industrial production and purchasing activity can have a direct effect on its market price.
During Q2 2026, the overall market showed a clear upward direction. China, Turkey, Vietnam, and India all experienced considerable price increases compared with the previous quarter.
The increase was not exactly the same in every market because each region had different import requirements, demand conditions, inventory positions, and transportation costs.
The market remained relatively balanced from the supply side. Production continued at stable levels, while inventory management helped maintain material availability.
At the same time, buyers continued to procure material regularly, particularly for battery electrolytes, coatings, adhesives, solvents, and other specialty chemical applications.
This combination of stable production and firm consumption created a supportive environment for prices during most of the quarter.
Propylene Carbonate Prices in India During Q2 2026
The Indian market recorded a significant increase during Q2 2026. The Propylene Carbonate Prices in India increased by 46% on a CIF India basis compared with the previous quarter average. The Mumbai market also recorded a 46% increase on an EX Mumbai basis.
This was a strong quarterly movement and reflected the combination of active demand and import-related cost pressures. Since India relies on imported material for a significant part of its market requirements, international prices and import costs can have a noticeable impact on domestic pricing.
Demand from lithium battery manufacturing was one of the important factors supporting the market. The use of Propylene Carbonate in battery-related applications has increased the importance of this chemical in the specialty materials sector. At the same time, demand from coatings, adhesives, industrial solvents, and specialty chemical producers remained steady.
In April, the Indian market started the quarter with a positive price direction. Buyers showed active interest in securing material, while consumption remained stable. Distributors and industrial users also continued their procurement planning, which helped maintain firm market sentiment.
As the quarter progressed, buying activity remained relatively healthy. The market did not experience a major supply disruption, but available material and purchasing requirements remained closely balanced.
Propylene Carbonate Price Trend in India and Mumbai
The Propylene Carbonate Price Trend in India showed a different movement toward the end of the quarter when compared with the Mumbai market.
In June 2026, the price in India increased by 2% compared with the previous month average. This monthly increase was mainly supported by consistent supply requirements and stable demand. Buyers continued to require material for battery, coating, adhesive, solvent, and specialty chemical applications.
However, the Mumbai market moved in the opposite direction. Propylene Carbonate prices in Mumbai declined by 8% in June. Improved material availability and lower purchasing pressure contributed to this correction.
This difference between the broader Indian import market and the Mumbai market shows why regional market conditions are important when studying chemical prices. A national market may remain firm while a particular trading hub experiences a short-term correction because of inventory levels or changes in buying activity.
Propylene Carbonate Price Chart: Q2 2026 Market Movement
The Propylene Carbonate Price Chart for Q2 2026 shows a clear upward movement across the major markets covered during the quarter.
China recorded a 38% quarterly increase on FOB terms. Turkey experienced the strongest increase among the highlighted regional markets, with prices rising by 66% on a CIF basis. Vietnam recorded a 39% increase, while India registered a 46% increase on CIF terms.
These figures show that the upward movement was not limited to one country. Instead, it was visible across several important trading regions.
However, monthly changes in June were more mixed. China recorded a small 0.5% increase, while Turkey declined by 6% and Vietnam declined by 1.5%. India remained slightly positive with a 2% monthly increase, while Mumbai recorded an 8% decline.
This indicates that the strong quarterly increase was followed by some regional stabilization toward the end of the quarter.
China Market and Its Impact on India
China remained an important source of Propylene Carbonate for Asian markets during Q2 2026. The Chinese export price increased by 38% compared with the previous quarter average on FOB terms.
Demand from lithium battery electrolytes, coatings, adhesives, and chemical processing industries supported the market. Production conditions remained relatively stable, allowing suppliers to maintain regular availability.
In April, the Chinese market showed an upward direction as consumption remained steady and market sentiment was firm. By June, however, the price increased only 0.5% from the previous month, suggesting that the market had entered a more stable phase.
Because China is an important export source for India, changes in Chinese prices can influence the landed cost of imported material in India. When Chinese export prices increase, Indian buyers may face higher procurement costs, especially when freight and other import expenses are also firm.
Regional Market Comparison
Turkey recorded a 66% quarterly increase, making it the strongest price movement among the markets discussed. The rise was linked to higher demand from lithium battery production, coatings, and industrial solvent applications. Higher import costs and tighter availability also supported the increase.
Vietnam recorded a 39% quarterly increase. Demand from battery electrolytes, electronics manufacturing, and chemical applications supported the market. However, prices declined by 1.5% in June as supply availability improved and buyers adjusted their inventories.
China recorded a 38% increase during the quarter. Its stable production and strong downstream demand supported the upward market direction, although the monthly movement in June was relatively limited.
India's 46% quarterly increase placed it between Turkey and the other major markets. The Indian market was supported by active procurement from several downstream sectors and the cost of imported material.
Propylene Carbonate Price Index and Market Factors
The Propylene Carbonate Price Index remained supported during Q2 2026 by stable production costs, controlled supply availability, and rising consumption.
Several factors should be considered when evaluating the index. Raw material costs can affect production economics, while international freight and import expenses influence landed prices in countries such as India. Inventory levels are another important factor because buyers may increase procurement when they expect prices to remain firm.
Demand from battery applications is also becoming increasingly important. As battery-related industries expand, the requirement for suitable electrolyte-related chemicals can provide additional support to Propylene Carbonate consumption.
At the same time, coatings, adhesives, cleaners, solvents, and specialty chemical applications continue to provide a broader demand base. This diversity is useful for the market because demand is not dependent on only one downstream industry.
Factors Influencing Propylene Carbonate Prices in India
Several factors influenced Propylene Carbonate Prices in India during Q2 2026. Import costs were one of the major considerations because international supply plays an important role in the Indian market.
Distributor inventory also affected short-term price movements. When distributors maintain sufficient stocks, sudden buying pressure can be reduced. On the other hand, when inventories become lower, buyers may need to replenish material quickly, supporting prices.
Demand from lithium battery manufacturing was another important factor. Battery-related consumption has become increasingly relevant to the Propylene Carbonate market, while traditional applications such as coatings, adhesives, solvents, and specialty chemicals continued to provide stable demand.
International trade flows also influenced regional pricing. Different freight costs, supply availability, and purchasing patterns meant that prices did not move equally across all locations.
Propylene Carbonate Price Forecast for India
Looking ahead, the Indian Propylene Carbonate market is likely to remain sensitive to demand from battery applications and specialty chemical industries. If consumption continues at healthy levels and imported material remains well balanced with local requirements, prices could remain supported.
However, the market may also experience short-term corrections if supply availability improves significantly or buyers reduce their procurement volumes. The June decline in Mumbai is an example of how improved availability and lower purchasing pressure can quickly affect regional prices.
For Indian buyers, monitoring international export prices, import costs, inventory levels, and downstream demand will remain important. Developments in China are particularly relevant because changes in Chinese export pricing can influence the landed cost of material in India.
The market outlook therefore remains positive but may become more balanced compared with the sharp quarterly increase seen during Q2 2026.
Conclusion
The Propylene Carbonate market experienced a strong Q2 2026, with prices increasing across China, Turkey, Vietnam, and India. India's 46% quarterly increase on CIF terms reflected firm demand from lithium battery manufacturing, coatings, adhesives, solvents, and specialty chemical industries.
The market remained supported by stable production, controlled availability, regular procurement, and active downstream consumption. However, the monthly movements seen in June suggest that some regional markets were beginning to stabilize. China recorded only a small monthly increase, while Turkey and Vietnam moved lower. India remained slightly positive, whereas Mumbai experienced an 8% correction.
Overall, the Propylene Carbonate Price Trend in India remained firmly positive during Q2 2026. Going forward, import costs, Chinese export prices, inventory conditions, battery-sector demand, and overall industrial consumption will remain important factors to watch. For buyers and businesses, tracking the Propylene Carbonate Price Chart and Propylene Carbonate Price Index can provide a clearer understanding of changing market conditions and help with better procurement planning.
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