North America Propylene Prices Movement Q3:
Propylene Prices in United States:
In Q3 2024, the propylene price graph in the United States indicated prices reaching 1,130 USD per metric ton in September. The rise was supported by robust demand from the plastics and automotive sectors. Refinery operations remained steady, but rising feedstock and energy costs contributed to the firm pricing. Supply chain challenges and healthy downstream consumption further stabilized the market, maintaining elevated price levels.
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APAC Propylene Prices Movement Q3:
Propylene Prices in Japan:
Japan's propylene prices settled at 825 USD/MT in September 2024. The lower price trend was driven by consistent production output and moderate demand from domestic industries. Despite some upward pressure from energy costs, efficient logistics and stable economic conditions helped contain price fluctuations. The market remained balanced throughout Q3, supported by reliable imports and steady industrial consumption.
Regional Analysis: The price analysis can be extended to provide detailed Propylene price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.
Europe Propylene Prices Movement Q3:
Propylene Prices in Germany:
In Germany, propylene prices reached 975 USD/MT in September 2024. The pricing trend reflected rising demand from the packaging and automotive sectors. Environmental policies and increasing production costs also added upward pressure. However, regular refinery throughput and effective supply management helped control volatility, keeping prices firm but stable across the quarter.
Regional Analysis: The price analysis can be expanded to include detailed Propylene price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.
MEA Propylene Prices Movement Q3:
Propylene Prices in Saudi Arabia:
Propylene prices in Saudi Arabia settled at 830 USD/MT in September 2024. The market remained stable due to consistent feedstock availability and high refinery efficiency. Demand from local plastic and petrochemical industries provided a steady base, while export activity added slight pricing momentum. Strong supply chain infrastructure supported balanced market conditions during the third quarter.
Regional Analysis: The price analysis can be extended to provide detailed Propylene price information for the following list of countries.
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.
Latin America Propylene Prices Movement Q3:
Propylene Prices in Brazil:
In Brazil, propylene prices climbed to 1130 USD/MT in September 2024, matching U.S. levels. The increase was largely due to heightened demand from the packaging and construction sectors. Transportation and raw material costs also played a role in price elevation. Limited domestic output and reliance on imports contributed to the firm pricing environment throughout the quarter.
Factors Affecting Propylene Supply and Prices
Propylene supply and pricing are shaped by crude oil and natural gas costs, refinery production levels, and any disruptions in manufacturing. Additionally, demand from the plastics, automotive, and packaging sectors, along with trade policies, logistics, and global economic trends, drive market changes and price volatility.
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Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Propylene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Propylene price trend, offering key insights into global Propylene market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Propylene demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
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.
IMARC Group provides professional chemical price analysis services to enable businesses to leverage their pricing and maximize profitability. Our thorough research examines market trends, competitor prices, customer willingness-to-pay, and costs, making data-driven decisions possible. By establishing pricing opportunities and cost-saving initiatives, we enable organizations to remain competitive and maximize market potential. Whether it's creating dynamic pricing strategies, performing cost benchmarking, or analysing pricing effects, our customized solutions enable companies to realize sustainable growth.
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