North America Propylene Prices Movement Q3:

Propylene Prices in United States:

In Q3 2024, the propylene price index in the United States reached 1,130 USD per metric ton by September. The market remained firm due to steady demand from packaging and plastics industries. Refinery operations functioned smoothly, and crude oil costs remained moderate. Although minor supply chain challenges emerged, they had limited impact on pricing, which remained largely stable throughout the quarter.

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Note: The analysis can be tailored to align with the customer's specific needs.

APAC Propylene Prices Movement Q3:

Propylene Prices in Japan:

Japan’s propylene prices settled at 825 USD/MT in September 2024. The market showed stability, supported by balanced supply and moderate demand from downstream sectors like automotive and chemicals. Imports remained consistent, and domestic production met expectations. While external market shifts had minimal impact, currency fluctuations and trade competition mildly influenced pricing over the quarter.

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:

Germany’s propylene market in Q3 2024 recorded prices at 975 USD/MT in September. Industrial demand stayed healthy, particularly from the plastics sector. Domestic supply was adequate, though periodic rises in energy costs created minor pricing shifts. Imports also supported the market, keeping overall trends steady with only moderate variation during the three-month period.

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:

In the third quarter of 2024, Saudi Arabia's propylene prices stood at 830 USD/MT in September. Local petrochemical production remained strong, ensuring sufficient availability. Demand from regional converters kept consumption levels steady. While global trade fluctuations posed slight pressure, strong domestic fundamentals allowed prices to remain balanced without major deviations throughout the 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:

Brazil’s propylene prices climbed to 1130 USD/MT by September 2024. The rise was driven by consistent demand from packaging and automotive industries. Local supply chains managed operations efficiently, although some transportation delays affected delivery schedules. Market conditions mirrored global trends, helping sustain firm pricing amid minor cost adjustments across feedstocks and refining operations.

Factors Affecting Propylene Supply and Prices

Propylene supply and pricing are driven by the costs of crude oil and natural gas, alongside refinery output and potential production interruptions. Market demand from the plastics, automotive, and packaging sectors, as well as global trade dynamics, logistics, and economic conditions, contribute to pricing fluctuations and supply variability.

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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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