Propylene Glycol Prices, Trend, Chart, Index & Market Analysis – July 2026
Author : Bobby Yadav | Published On : 24 Aug 2026
The Propylene Glycol Price Index recorded a mixed regional trend in July 2026, with Northeast Asia registering a 5.6% increase to USD 1.33/KG, while Europe, the Middle East, Southeast Asia, and North America recorded declines. North America remained the highest-priced market at USD 1.89/KG, followed by the Middle East at USD 1.52/KG, Southeast Asia at USD 1.43/KG, Europe at USD 1.36/KG, and Northeast Asia at USD 1.33/KG. The contrasting movements reflected differences in propylene feedstock availability, production economics, downstream demand, inventories, and regional trade flows.
Demand remained supported by polyurethane production, unsaturated polyester resins, pharmaceuticals, cosmetics, food processing, and industrial applications. However, procurement conditions differed substantially between markets as buyers balanced inventory requirements with softer downstream consumption and changing feedstock costs. The resulting market environment showed strong regional divergence, with Northeast Asia moving upward while other major markets experienced downward corrections.
Regional Propylene Glycol Prices Outlook – July 2026: Where Are Prices Highest?
- North America: USD 1.89/KG (-6.0% ↓ Down)
- Middle East: USD 1.52/KG (-20.8% ↓ Down)
- Southeast Asia: USD 1.43/KG (-0.7% ↓ Down)
- Europe: USD 1.36/KG (-24.4% ↓ Down)
- Northeast Asia: USD 1.33/KG (5.6% ↑ Up)
North America recorded the highest propylene glycol price at USD 1.89/KG, while Northeast Asia recorded the lowest at USD 1.33/KG. The regional spread of USD 0.56/KG reflected differences in feedstock economics, production availability, downstream purchasing intensity, and international trade conditions.
Europe experienced the sharpest decline at 24.4%, followed by the Middle East at 20.8%. North America also declined by 6.0%, while Southeast Asia remained comparatively stable with a marginal 0.7% decrease. In contrast, Northeast Asia increased by 5.6%, highlighting a regional supply-demand balance that differed substantially from other major markets.
Regional Price Analysis of Propylene Glycol Prices – July 2026
Northeast Asia
Northeast Asia recorded propylene glycol prices of USD 1.33/KG, representing a 5.6% increase during July. The upward movement reflected comparatively firmer regional market conditions and stronger purchasing interest from downstream users.
Demand from polyurethane, unsaturated polyester resin, coatings, pharmaceuticals, and personal care applications remained supportive. Buyers continued securing material for production requirements, while available supply and inventory conditions contributed to firmer supplier pricing.
The regional market remained sensitive to propylene feedstock costs and production rates. As downstream consumers balanced inventory requirements with available material, prices strengthened despite the broader downward trend observed across other markets.
Europe
Europe recorded propylene glycol prices of USD 1.36/KG, declining by a substantial 24.4% during July. The sharp correction reflected softer procurement conditions, improved availability, and weaker pricing pressure across the regional supply chain.
Demand from automotive, construction, coatings, pharmaceuticals, cosmetics, and industrial applications continued to provide a broad consumption base. However, downstream buyers remained cautious about inventory accumulation and increasingly aligned purchases with immediate production needs.
The significant monthly decline reduced Europe's price premium relative to other markets. Producers and distributors adjusted offers in response to softer demand and changing feedstock economics, creating a pronounced downward movement during the month.
Middle East
The Middle East recorded propylene glycol prices of USD 1.52/KG, representing a 20.8% decline. The substantial reduction reflected softer regional pricing conditions and improved availability relative to procurement requirements.
Demand remained supported by construction-related applications, polyurethane products, coatings, pharmaceuticals, and industrial formulations. However, buyers maintained disciplined purchasing strategies and avoided building excessive inventories, limiting upward price pressure.
Regional production economics and export availability continued to influence pricing. The Middle East remained above most other reported markets in absolute price terms, despite experiencing a significant monthly correction.
Southeast Asia
Southeast Asia recorded propylene glycol prices of USD 1.43/KG, down only 0.7% during July. The relatively limited movement indicated a broadly balanced market, with stable demand offsetting changes in regional availability.
Consumption from polyurethane systems, resins, coatings, personal care products, pharmaceuticals, and industrial applications remained steady. Buyers continued regular procurement while maintaining careful control over inventories.
Import flows, freight costs, and regional production availability remained important price determinants. The marginal decline suggests that buyers and suppliers were able to maintain a relatively stable balance during the month.
North America
North America recorded the highest propylene glycol price at USD 1.89/KG, although prices declined 6.0% during July. The correction reflected softer market conditions and easing procurement pressure, while the region retained a comparatively high pricing structure.
Demand from polyurethane, construction, automotive, pharmaceuticals, food processing, and personal care applications remained consistent. However, buyers remained cautious about purchasing beyond immediate requirements, contributing to the monthly decline.
The comparatively elevated price level reflected regional production economics, feedstock conditions, and downstream cost structures. Market participants continued monitoring propylene availability, operating rates, and inventory levels as key determinants of future pricing.
Supply and Demand Overview – July 2026
Propylene glycol supply conditions improved across several major markets during July 2026, although regional availability varied. Production economics remained closely linked to propylene feedstock prices, operating rates, plant maintenance, and downstream derivative demand. Improved material availability in Europe and the Middle East contributed to significant price reductions, while Northeast Asia experienced comparatively firmer conditions.
Demand dynamics remained steady across key downstream industries:
- Polyurethane: Strong consumption in construction, automotive, furniture, insulation, and industrial applications.
- Unsaturated Polyester Resins: Consistent demand from composites, marine products, construction materials, and infrastructure applications.
- Pharmaceuticals: Stable consumption as a solvent, carrier, and formulation ingredient.
- Personal Care & Cosmetics: Continued use in creams, lotions, fragrances, and other formulations.
- Food Processing: Ongoing demand for food-grade applications and processing formulations.
Overall, the market remained regionally differentiated. Improved supply and cautious purchasing placed downward pressure on several markets, while Northeast Asia experienced firmer demand and tighter short-term availability.
Key Factors Affecting Prices – Monthly Perspective
Several critical factors influenced propylene glycol pricing during July 2026:
- Raw Material Availability: Propylene availability and related feedstock economics remained central to production costs and supplier pricing.
- Downstream Demand: Polyurethane, resins, pharmaceuticals, cosmetics, food, and industrial applications provided a broad but regionally varied demand base.
- Logistics: Freight rates, port conditions, storage availability, and regional distribution costs affected delivered pricing.
- Energy Costs: Energy requirements for propylene glycol production continued influencing operating costs and producer margins.
- Trade Dynamics: Import requirements, export availability, regional arbitrage, and cross-border trade flows contributed to pricing disparities.
Recent Developments (July Highlights)
- Northeast Asian propylene glycol prices strengthened as regional purchasing activity and supply conditions became comparatively firmer.
- European prices experienced a substantial correction amid softer procurement and improved availability.
- Middle Eastern prices declined significantly as regional supply conditions eased relative to demand.
- Southeast Asian prices remained broadly stable, indicating a balanced supply-demand environment.
- North American prices declined but remained the highest among the reported markets.
These developments reinforced the significant regional divergence observed during July, with feedstock economics, production availability, downstream demand, and inventory strategies determining individual market direction.
For detailed insights, charts, and forecasts, explore: https://www.imarcgroup.com/propylene-glycol-pricing-report/requestsample
Propylene Glycol Price Chart Analysis – Monthly Movement
The Propylene Glycol Price Chart for July 2026 illustrates a highly divergent regional market pattern. Northeast Asia moved upward, Southeast Asia remained almost stable, while Europe and the Middle East experienced substantial downward corrections.
Key monthly movements include:
- Early July: Buyers evaluated feedstock costs, available inventories, and downstream requirements while maintaining controlled procurement strategies.
- Mid-July: Downward pressure intensified across Europe and the Middle East as supply availability improved and buyers reduced aggressive purchasing.
- Late July: Northeast Asian prices maintained upward momentum, while North American prices stabilized at a comparatively elevated level and Southeast Asia remained broadly balanced.
The chart highlights the importance of regional production economics and downstream demand in propylene glycol procurement. Procurement managers can use these movements to compare regional sourcing conditions, evaluate replacement costs, and identify favorable purchasing windows.
Propylene Glycol Price Index & Historical Analysis
The Propylene Glycol Price Index recorded a divergent regional movement in July 2026, with Northeast Asia increasing by 5.6%, while Europe declined by 24.4%, the Middle East by 20.8%, Southeast Asia by 0.7%, and North America by 6.0%. The data highlights significant differences in regional supply-demand balances and purchasing conditions.
Historically, propylene glycol prices have remained sensitive to propylene feedstock costs, plant operating rates, energy expenses, downstream polyurethane and resin demand, and broader industrial activity. Periods of stronger construction and automotive production typically support demand, while improved availability and inventory accumulation can generate downward price pressure.
The propylene glycol price history chart demonstrates cyclical behavior influenced by:
- Propylene feedstock availability and production economics
- Polyurethane, resin, and industrial demand cycles
- Energy costs and regional manufacturing capacity
The July trajectory reflects a market undergoing regional normalization. While Europe and the Middle East experienced significant corrections, Northeast Asia moved upward and Southeast Asia remained comparatively stable.
What Is Propylene Glycol?
Propylene glycol is a colorless, nearly odorless, hygroscopic liquid with low volatility and broad industrial versatility. It is primarily produced through the hydration of propylene oxide and is available in industrial, pharmaceutical, and food-grade forms depending on purity and application requirements.
Key applications include:
- Polyurethane: Used in polyether polyols and polyurethane systems for insulation, coatings, and flexible materials.
- Unsaturated Polyester Resins: Important for fiberglass-reinforced plastics, construction products, and composite materials.
- Pharmaceuticals: Used as a solvent, carrier, humectant, and formulation ingredient.
- Personal Care & Cosmetics: Applied in lotions, creams, fragrances, shampoos, and other formulations.
- Food Processing: Used in selected food-grade formulations and processing applications.
- Industrial Fluids: Utilized in heat-transfer fluids, antifreeze formulations, and specialized industrial products.
Its combination of low volatility, water miscibility, and solvent properties makes propylene glycol an important intermediate and functional ingredient across numerous industries.
Propylene Glycol Price Forecast – Next 12 Months
The propylene glycol price forecast for the next 12 months indicates a cautiously balanced outlook with continued regional volatility. Demand from polyurethane, resins, pharmaceuticals, personal care, and industrial applications should provide a stable consumption base, while propylene feedstock costs, production capacity, inventories, and global trade conditions will determine future price direction.
Key growth drivers include:
- Polyurethane Demand: Construction, automotive, furniture, and insulation applications should sustain propylene glycol consumption.
- Construction Activity: Continued infrastructure and building activity should support demand for resins, coatings, and polyurethane products.
- Pharmaceutical Growth: Expanding healthcare and pharmaceutical manufacturing should provide a stable source of specialty-grade demand.
- Personal Care Consumption: Increasing demand for cosmetics and personal care formulations should support ongoing consumption.
Potential risks include:
- Feedstock Volatility: Changes in propylene and propylene oxide costs could significantly affect production economics.
- Production Capacity Expansion: Additional capacity could improve availability and limit price increases.
- Downstream Slowdown: Weakness in construction, automotive, coatings, or manufacturing could reduce demand.
- Inventory Accumulation: Excess inventories among distributors and downstream users could create additional downward pressure.
Overall, propylene glycol prices are expected to remain balanced with moderate regional volatility over the next 12 months, with downstream demand providing support while feedstock economics and supply availability determine short-term price movements.
FAQs About Propylene Glycol Prices Insights & Market Analysis
What does the Propylene Glycol Price Index indicate in July 2026?
The Propylene Glycol Price Index indicates a strongly mixed regional trend, with Northeast Asia increasing to USD 1.33/KG, while Europe declined to USD 1.36/KG and the Middle East to USD 1.52/KG. The movement reflects differences in supply availability, feedstock costs, inventories, and downstream procurement.
How does the Propylene Glycol Price Chart help procurement managers?
The Propylene Glycol Price Chart helps procurement managers track regional price movements and changing supply-demand conditions. It supports purchasing decisions, inventory planning, supplier negotiations, and assessment of replacement costs across major consuming industries.
What is the propylene glycol price forecast for the next 12 months?
Propylene glycol prices are expected to remain balanced with moderate regional volatility. Demand from polyurethane, resins, pharmaceuticals, cosmetics, and industrial applications should provide support, while feedstock costs, production capacity, inventories, and trade conditions will influence future movements.
How IMARC Pricing Database Can Help
The latest IMARC Group study, "Propylene Glycol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2026 Edition," presents a detailed analysis of Propylene Glycol price trends, offering key insights into global Propylene Glycol market dynamics. The analysis includes comprehensive price charts that trace historical movements and highlight significant changes in regional pricing conditions.
The analysis examines the factors influencing Propylene Glycol prices, including propylene feedstock costs, production fluctuations, energy expenses, downstream demand, logistics, inventories, and international trade dynamics. It also evaluates Propylene Glycol demand across major consuming industries, helping businesses understand how polyurethane, resins, pharmaceuticals, cosmetics, food processing, and industrial applications influence market conditions.
By exploring the relationship between supply and demand, the pricing analysis provides businesses with insights into current market conditions and potential future price movements. The information can support procurement planning, supplier negotiations, budgeting, cost management, inventory planning, and strategic sourcing decisions.
About Us:
IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No: (D) +91 120 433 0800
United States: +1-201971-6302
