The Propylene Price Trend Q2 2026 showed a strong increase across major monitored markets, driven by tightening crude oil, propane, and naphtha feedstock supply chains. Geopolitical tensions and the threat of disruptions around the Strait of Hormuz added pressure to feedstock availability and increased market uncertainty.
During the quarter, European Polymer Grade markets recorded some of the strongest gains, while markets across Southeast Asia and India also experienced significant increases. The market then underwent a broad correction in June, with European markets registering particularly sharp declines.
Propylene Price Trend in South Korea
The Propylene Price Trend in South Korea increased by around 43.58% during Q2 2026. FOB Busan valuations moved higher as tighter crude oil, propane, and naphtha supply chains increased feedstock costs.
Demand from polypropylene and downstream polymer producers remained supportive. However, the market corrected in June, with Propylene Prices falling by approximately 15.00% as buyers adjusted procurement activity.
Propylene Price Trend in China
The Propylene Price Trend in China increased by approximately 43.17% in Q2 2026. Higher export prices from South Korea were reflected in CIF Shanghai import valuations.
Strong demand from polypropylene and downstream polymer buyers supported the market during the quarter. In June, prices corrected by around 14.52% as purchasing activity moderated.
Propylene Price Trend in the Netherlands
The Netherlands recorded one of the strongest movements, with the Propylene Price Trend increasing by approximately 91.45% during Q2 2026.
Tighter feedstock supply conditions pushed FD Rotterdam valuations significantly higher. Demand from polypropylene and downstream polymer industries remained steady. However, June brought a sharp correction, with prices falling by around 28.27%.
Propylene Price Trend in Germany
The Propylene Price Trend in Germany surged by approximately 89.15% during Q2 2026. Rising prices in the neighbouring European market were reflected in FD Hamburg valuations.
Demand from polypropylene and downstream polymer buyers remained firm. In June, the market experienced a correction of approximately 27.34%, as procurement activity adjusted to the changing price environment.
Propylene Price Trend in Belgium
Belgium also experienced a substantial increase, with the Propylene Price Trend rising by approximately 88.38% in Q2 2026.
FD Antwerp prices climbed as feedstock supply tightened and market costs increased. Steady downstream demand supported elevated prices, while June recorded a correction of around 27.73%.
Propylene Price Trend in Thailand
The Propylene Price Trend in Thailand increased by approximately 62.39% during Q2 2026. FOB Laem Chabang prices strengthened amid higher feedstock costs and supply-chain uncertainty.
Polypropylene and downstream polymer demand provided additional support. In June, prices corrected by approximately 11.09% as buyers adjusted their procurement strategies.
Propylene Price Trend in Indonesia
Indonesia recorded a 59.54% increase in the Propylene Price Trend during Q2 2026. Higher prices from Thailand passed through to CIF Jakarta import valuations.
Demand from polypropylene and downstream polymer buyers remained supportive. However, June prices declined by around 10.64% as purchasing activity became more cautious.
Propylene Price Trend in Singapore
The Propylene Price Trend in Singapore increased by approximately 60.48% during Q2 2026. CIF Port of Singapore valuations followed higher export prices from Thailand.
Steady downstream demand helped keep the market elevated. In June, prices corrected by approximately 11.06% as buyers adjusted procurement levels.
Propylene Price Trend in Malaysia
Malaysia recorded a 58.33% increase in the Propylene Price Trend during Q2 2026. Higher regional prices were reflected in CIF Port Kelang import valuations.
The market remained supported by polypropylene and downstream polymer demand before correcting by around 10.70% in June.
Propylene Price Trend in Japan
The Propylene Price Trend in Japan increased by approximately 54.49% during Q2 2026. FOB Tokyo valuations strengthened as feedstock supply chains became tighter.
Steady demand from polypropylene and downstream polymer buyers supported the market. June brought a correction of approximately 14.86%.
Propylene Price Trend in Italy and France
European markets recorded some of the largest increases during the quarter. Italy's Propylene Price Trend surged by approximately 92.30%, while France recorded an increase of around 86.23%.
In Italy, FD Genoa prices corrected by approximately 27.69% in June. France recorded a June decline of around 26.52%. These sharp corrections followed the significant price escalation seen during the quarter.
Propylene Price Trend in Saudi Arabia and Taiwan
Saudi Arabia recorded a 44.19% increase in its Propylene Price Trend, while Taiwan registered a rise of approximately 49.04% during Q2 2026.
Both markets experienced higher valuations as feedstock supply chains tightened. June corrections were approximately 14.21% in Saudi Arabia and 10.05% in Taiwan.
Propylene Price Trend in India
The Propylene Price Trend in India surged by approximately 61.39% during Q2 2026. Higher prices from Thailand passed through into CIF Nhava Sheva import valuations.
Demand from polypropylene and downstream polymer buyers supported the market. In June, Propylene Prices declined by approximately 10.65% as procurement activity adjusted.
Propylene Price Trend in the USA, Mexico and Colombia
The USA recorded a 42.13% increase in the Propylene Price Trend, while Mexico and Colombia registered increases of approximately 39.02% and 39.35%, respectively.
In June, prices corrected by around 20.62% in the USA, 19.47% in Mexico, and 18.22% in Colombia. The movements reflected the relationship between feedstock costs, export prices, import valuations, and downstream polymer demand.
Propylene Price Chart
The Propylene Price Chart Q2 2026 reflects a clear two-stage market movement. Prices climbed strongly during the quarter as feedstock supply tightened and geopolitical uncertainty increased costs. The second phase began in June, when prices corrected across all monitored markets.
The sharpest movements were visible in European Polymer Grade markets, while other markets experienced comparatively moderate increases and corrections.
Propylene Price Index
The Propylene Price Index Q2 2026 remained strongly influenced by crude oil, propane, and naphtha feedstock costs. The index reflected the rapid escalation in input costs during the quarter and the subsequent easing in June.
The broad correction across monitored markets indicates that the extreme price pressure seen during the quarter began to moderate as buyers adjusted procurement activity.
Factors Influencing Propylene Prices
Several factors influenced the Propylene Prices during the period. Feedstock availability was one of the primary drivers, particularly for crude oil, propane, and naphtha.
Geopolitical uncertainty and the threat of disruption around the Strait of Hormuz added pressure to global supply chains. Higher feedstock costs were subsequently reflected in propylene valuations.
Downstream demand from polypropylene and other polymer industries also supported prices. When buyers maintained steady procurement despite higher costs, markets remained elevated.
Freight, import costs, supply availability, and changes in purchasing behaviour further contributed to differences between individual markets.
Propylene Price Forecast
The Propylene Price Forecast will remain closely connected to feedstock availability, refinery and petrochemical operating conditions, downstream polypropylene demand, and global supply-chain developments.
The significant June correction demonstrates how quickly propylene prices can respond when buyers reduce procurement activity after a sharp increase. Future price movements will therefore depend on whether feedstock pressures remain elevated or supply conditions improve.
Monitoring crude oil, propane and naphtha markets alongside polypropylene demand will remain important for understanding the future direction of the Propylene Price Trend.
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