North America Propylene Prices Movement Q3:

Propylene Prices in United States:

In Q3 2024, the propylene price index showed that U.S. propylene prices fluctuated, reaching 1,130 USD/MT in September due to supply constraints and increased demand. Maintenance shutdowns and rising feedstock costs drove prices higher in July, while a decline in automotive sector orders caused a slight dip in September.

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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:

In Q3 2024, propylene prices in Japan fluctuated, reaching 825 USD/MT in September. Early in the quarter, supply shortages and logistical challenges pushed prices upward. However, as South Korea’s plants resumed operations, an oversupply in the region drove prices down. The market softened towards the quarter's end, reflecting a shift from initial tight supply conditions to increased availability, ultimately influencing Japan's propylene price trends.

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 Q3 2024, Germany's propylene prices fluctuated, reaching 975 USD/MT in September. Economic uncertainties and weak downstream demand influenced price movements, while mid-quarter freight costs led to a temporary rebound. By September, stable supply from resumed plant operations kept the market balanced, preventing further price shifts.

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 Q3 2024, Saudi Arabia's propylene prices declined, settling at 830 USD/MT in September. Seasonal inactivity and cautious market sentiment in July contributed to the downward trend. August saw brief price support from logistical challenges, but by September, falling crude oil prices and weaker polypropylene demand led to renewed declines, marking a bearish market close for 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:

In Q3 2024, Brazil's propylene prices surged, reaching 1130 USD/MT in September, driven by rising crude oil costs and logistical challenges. While initial demand remained low, supply disruptions in August pushed prices higher. By September, resumed plant operations eased supply pressure, yet the quarter maintained an overall upward trend.

Factors Affecting Propylene Supply and Prices

Propylene supply and prices are influenced by crude oil and natural gas costs, refinery output, and production disruptions. Demand from plastics, automotive, and packaging industries, along with global trade policies, logistics, and economic conditions, also impact market fluctuations 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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