Polypropylene Glycol Price Trend and Forecast 2026-2027

Germany paid the most for polypropylene glycol in Q2 2026: USD 1,925/MT, up 4.1% from USD 1,850 in Q1. Polypropylene glycol, PPG, is produced by ring-opening propylene oxide onto a diol or triol starter without the glycerol or sucrose initiators used for more highly branched polyether polyols, yielding a simpler, lower-functionality polyether used across a range of industrial applications.

Diol grade serves as a building block for unsaturated polyester resins and certain coatings formulations, triol grade feeds flexible polyurethane foam production, and high-molecular-weight grades serve specialty lubricant and hydraulic fluid applications requiring specific viscosity profiles. Because PPG's only feedstock is propylene oxide, its pricing tracks that single input more directly and predictably than more complex polyols requiring multiple feedstocks, making it comparatively easier to forecast from propylene oxide cost trends alone.

China's newer HPPO-route propylene oxide capacity has reshaped the competitive cost landscape for PPG production over the past several years, giving the country a persistent advantage over the more mature, chlorohydrin-route-dependent capacity common in Europe. Germany's concentrated coatings and specialty chemical manufacturing base keeps it the priciest of the four markets, reflecting both higher regional propylene oxide costs and the premium quality specifications its buyers typically require.

The spread between the cheapest and priciest markets tracked here, China and Germany, ran to roughly 27% in Q2 2026. That gap matters for procurement teams weighing sourcing origin against landed cost, since freight, duties, and local demand intensity all feed into where a given region ultimately lands.

Polypropylene Glycol Price Forecast for 2026

Expect steady gains across all four markets through H2 2026 as unsaturated resin and foam demand continues its gradual recovery. China should retain its cost advantage given its newer HPPO-route propylene oxide capacity. Germany's premium should persist given its concentrated coatings and specialty chemical manufacturing base. Propylene oxide capacity additions across all regions remain the single most important variable to watch, given PPG's direct dependence on that one feedstock.

Across all 4 regions combined, prices moved 4.1% increase on average between Q1 and Q2 2026. Absent a meaningful change to the cost or demand drivers outlined above, that pace looks set to carry into the second half of the year.

For the Quarter Ending June 2026

Polypropylene Glycol Prices Q2 2026:

• China: USD 1,520/MT
• United States: USD 1,815/MT
• Germany: USD 1,925/MT
• India: USD 1,620/MT

Polypropylene Glycol Prices in China

China rose 4.1% to USD 1,520/MT in Q2 2026, ample HPPO-route capacity met firming feedstock costs, ranking it the most affordable among the 4 markets this report follows.

Why did the price of Polypropylene Glycol change in Q2 2026 in China?

Ample HPPO-route capacity met firming feedstock costs, supporting a steady increase, working out to China trading about 11.6% below this quarter's 4-region average.

Measured against China's own average pace of 2.0% a quarter across the six quarters this report tracks, this move came in faster than that pace.

Polypropylene Glycol Prices in United States

USD 1,815/MT. That is where United States landed in Q2 2026, up 4.0% from USD 1,745/MT in Q1 2026, placing it the 2nd most expensive across the 4 regions covered in this report.

Why did the price of Polypropylene Glycol change in Q2 2026 in United States?

Firm unsaturated resin and foam demand kept US pricing climbing in step with the broader feedstock trend, leaving United States running roughly 5.5% above the 4-region average for the quarter.

That is faster than the 1.9% average quarterly move United States has posted across the six quarters this report tracks.

Polypropylene Glycol Prices in Germany

Germany's price gained 4.1% to USD 1,925/MT, strong coatings sector demand from the region's established manufacturing base kept Germany at the top of this group, putting it the priciest of the 4 markets tracked this quarter.

Why did the price of Polypropylene Glycol change in Q2 2026 in Germany?

Strong coatings sector demand from the region's established manufacturing base kept Germany at the top of this group, with Germany now sitting about 11.9% above the 4-region average this quarter.

Germany has averaged 1.9% a quarter over the six quarters this report tracks; this move came in faster than that longer-run pace.

Polypropylene Glycol Prices in India

In Q2 2026, India priced at USD 1,620/MT, up 4.2% from USD 1,555/MT the previous quarter, making it the 3rd most expensive of the 4 markets tracked here this quarter.

Why did the price of Polypropylene Glycol change in Q2 2026 in India?

Growing domestic foam and resin demand supported a firm quarter, which puts India roughly 5.8% below the average across the 4 regions this report tracks.

Set against a 2.0% average quarterly pace over the six quarters this report tracks, India's move this quarter landed faster than that trend.

For the Quarter Ending March 2026

Polypropylene Glycol Prices Q1 2026:

• China: USD 1,460/MT
• United States: USD 1,745/MT
• Germany: USD 1,850/MT
• India: USD 1,555/MT

Polypropylene Glycol Prices in China

China rose 1.4% to USD 1,460/MT in Q1 2026, feedstock costs firmed modestly as the year opened, ranking it the most affordable among the 4 markets this report follows.

Why did the price of Polypropylene Glycol change in Q1 2026 in China?

Feedstock costs firmed modestly as the year opened, carrying through to a steady early-year increase, working out to China trading about 11.6% below this quarter's 4-region average.

Measured against China's own average pace of 2.0% a quarter across the six quarters this report tracks, this move came in slower than that pace.

Polypropylene Glycol Prices in United States

USD 1,745/MT. That is where United States landed in Q1 2026, up 1.4% from USD 1,721/MT in Q4 2025, placing it the 2nd most expensive across the 4 regions covered in this report.

Why did the price of Polypropylene Glycol change in Q1 2026 in United States?

Early-year restocking from resin and foam manufacturers supported a firm start to 2026, leaving United States running roughly 5.6% above the 4-region average for the quarter.

That is slower than the 1.9% average quarterly move United States has posted across the six quarters this report tracks.

Polypropylene Glycol Prices in Germany

Germany's price gained 1.4% to USD 1,850/MT, consistent demand from the region's established coatings industry carried prices higher, putting it the priciest of the 4 markets tracked this quarter.

Why did the price of Polypropylene Glycol change in Q1 2026 in Germany?

Consistent demand from the region's established coatings industry carried prices higher, with Germany now sitting about 12.0% above the 4-region average this quarter.

Germany has averaged 1.9% a quarter over the six quarters this report tracks; this move came in slower than that longer-run pace.

Polypropylene Glycol Prices in India

In Q1 2026, India priced at USD 1,555/MT, up 1.4% from USD 1,533/MT the previous quarter, making it the 3rd most expensive of the 4 markets tracked here this quarter.

Why did the price of Polypropylene Glycol change in Q1 2026 in India?

Growing domestic demand supported a steady early-year gain, which puts India roughly 5.9% below the average across the 4 regions this report tracks.

Set against a 2.0% average quarterly pace over the six quarters this report tracks, India's move this quarter landed slower than that trend.

Quarterly Polypropylene Glycol Price Trends

The global average climbed steadily across the window, from USD 1,562/MT in Q1 2025 to USD 1,720 by Q2 2026, a gain of 10.1% over six quarters.

What was Polypropylene Glycol Price in 2025?

Looking back at 2025, the global polypropylene glycol average ran from about USD 1,562/MT in Q1 to USD 1,630 by Q4, a 4.3% increase across the year.

Polypropylene Glycol Prices in China in 2025

China prices moved from about USD 1,380/MT in Q1 2025 to USD 1,440 by Q4, up roughly 4.3%. China closed the year ranked 4 of the 4 markets this report tracks.

Polypropylene Glycol Prices in United States in 2025

United States prices moved from about USD 1,650/MT in Q1 2025 to USD 1,721 by Q4, up roughly 4.3%, leaving United States in 2 place among the 4 tracked markets heading into the new year.

Polypropylene Glycol Prices in Germany in 2025

Germany prices moved from about USD 1,750/MT in Q1 2025 to USD 1,824 by Q4, up roughly 4.3%. That left Germany ranked 1 of 4 tracked markets heading into 2026.

Polypropylene Glycol Prices in India in 2025

India prices moved from about USD 1,470/MT in Q1 2025 to USD 1,533 by Q4, up roughly 4.3%, placing India 3 of 4 tracked markets as 2025 closed out.

How We Can Help

Expert Market Research: Your Source for Real-Time Polypropylene Glycol Price Intelligence

We keep a continuous watch on polypropylene glycol prices across every region that produces or consumes it at scale, tracing the raw material and demand drivers back to their source rather than just reporting the number. Our team pulls together propylene oxide cost trends, regional supply and demand shifts, and policy developments into a single, regularly refreshed view of the market.

We build our forecasts from production capacity, feedstock cost trends, and regional demand data, aiming to give procurement teams something they can actually use in budgeting and supplier negotiations, not just a headline number.

If you need a deeper regional breakdown, a longer historical run than the six quarters shown here, or a sourcing analysis built around your specific procurement footprint, our analysts are available to help.

We track diol, triol, and high-molecular-weight grade pricing separately, since resin, foam, and lubricant applications each depend on a distinct functionality specification.