Polypropylene Price Trend and Forecast 2026-2027

Market Overview

Polypropylene prices fell through most of 2025 before rebounding sharply in early 2026. In China, the largest market, the average dropped from USD 1.16/KG in the first quarter to USD 0.99/KG by the fourth, a decline of about 14.7% as new capacity and weak demand left the market oversupplied. Polypropylene is a versatile thermoplastic made by polymerising propylene, valued for its low density, chemical resistance, and easy moulding. The largest pull comes from packaging, followed by automotive components, consumer and home goods, and fibres. Its price moves with a clear set of drivers. Propylene feedstock costs, crude oil and naphtha values, plant run rates and outages, and the strength of packaging and automotive demand all feed into it. A wave of new Asian capacity weighed on 2025, but supply disruptions and firmer feedstock costs turned the market higher in early 2026.

Polypropylene Price Forecast for 2026

The balance of supply and demand for polypropylene through the rest of 2026 leans firm after the early-year rebound. Producer cost floors have risen with firmer propylene and crude values, lifted by the mid-year disruption around the Strait of Hormuz that raised freight and feedstock costs. Maintenance outages and unplanned plant issues tightened spot supply and pulled prices up from the 2025 lows. Demand is recovering gradually from packaging, automotive, and consumer goods. The main upside risk is a longer run of supply outages alongside firmer crude. The main downside risk is the large pool of new Asian capacity, which can cap the recovery once plants return to normal rates.

For the Quarter Ending March 2026

Polypropylene Prices Q1 2026:

• China: USD 1.18/KG
• United States: USD 1.24/KG
• Germany: USD 1.58/KG
• India: USD 1.31/KG

Polypropylene Prices in China

Chinese polypropylene prices averaged USD 1.18/KG in Q1 2026, up 19.2% from USD 0.99/KG in Q4 2025 as the market rebounded from the 2025 lows. Firmer propylene and crude costs lifted the floor, and plant maintenance tightened spot supply. Restocking after heavy destocking added support, though ample capacity kept China the lowest-priced source among the tracked regions.

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

Firmer feedstock costs and plant maintenance tightened supply, lifting prices off the 2025 lows. Restocking reinforced the rebound, though large capacity capped the gain.

Polypropylene Prices in the United States

US polypropylene prices averaged USD 1.24/KG in Q1 2026, up 22.8% from USD 1.01/KG in Q4 2025, the sharpest regional gain. Extensive maintenance outages and unplanned plant disruptions cut domestic availability, while firm demand from packaging, automotive, and consumer products met a tight spot market. Higher propylene costs let producers push the marked increases through to buyers.

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

Maintenance outages and plant disruptions tightened supply just as demand held firm, driving the sharp gain. Higher propylene costs reinforced the increase across the quarter.

Polypropylene Prices in Germany

German polypropylene prices averaged USD 1.58/KG in Q1 2026, up 4.6% from USD 1.51/KG in Q4 2025. Firmer feedstock and energy costs lifted the floor, and some plants ran reduced rates that trimmed availability. Demand from packaging and consumer goods stayed subdued, which held the gain modest compared with the sharper Asian and US rebounds.

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

Firmer feedstock and energy costs plus reduced run rates lifted prices. Weak packaging and consumer-goods demand kept the rise modest.

Polypropylene Prices in India

Indian polypropylene prices averaged USD 1.31/KG in Q1 2026, up 9.2% from USD 1.20/KG in Q4 2025. Firmer Asian and feedstock costs lifted import-linked pricing, and steady demand from packaging and consumer goods supported the market. Higher freight after the mid-year shipping disruption added to landed costs, pushing quotes higher through the quarter.

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

Firmer Asian feedstock and freight costs lifted import-linked pricing, while steady demand held. Both forces pushed quotes higher across the quarter.

For the Quarter Ending December 2025

Polypropylene Prices Q4 2025:

• China: USD 0.99/KG
• United States: USD 1.01/KG
• Germany: USD 1.51/KG
• India: USD 1.20/KG

Polypropylene Prices in China

Chinese polypropylene prices averaged USD 0.99/KG in Q4 2025, near the year’s low. Weak demand from packaging, automotive, and home goods met excess capacity from recently expanded plants, and high inventories pushed producers into competitive discounting. Softer propylene feedstock costs added to the slide, holding the average near USD 0.99/KG.

Why did the price of Polypropylene change in Q4 2025 in China?

Weak demand met excess capacity and high inventories, driving discounting. Softer feedstock costs reinforced the decline near USD 0.99/KG.

Polypropylene Prices in the United States

US polypropylene prices averaged USD 1.01/KG in Q4 2025, sharply weaker on the quarter. Demand from packaging and consumer goods softened, and ample supply met cautious buying. Imports and high inventories added pressure, while declining propylene costs lowered the floor, pulling the average down to USD 1.01/KG before the early-2026 rebound.

Why did the price of Polypropylene change in Q4 2025 in the United States?

Weak demand met ample supply, imports, and cheaper propylene, driving the decline. The market bottomed near USD 1.01/KG into year-end.

Polypropylene Prices in Germany

German polypropylene prices averaged USD 1.51/KG in Q4 2025, easing on the quarter. Weak demand from packaging and consumer goods kept buying thin, and the restart of plants under force majeure added supply. Steady feedstock costs set a floor, holding the average near USD 1.51/KG into year-end.

Why did the price of Polypropylene change in Q4 2025 in Germany?

Soft demand met added supply from plant restarts, easing prices. Steady feedstock costs kept the market near USD 1.51/KG.

Polypropylene Prices in India

Indian polypropylene prices averaged USD 1.20/KG in Q4 2025, softer through the quarter. Weak demand and ample regional supply weighed on the market, while low-priced Asian imports pressured local quotes. Cheaper feedstock added to the slide, holding the average near USD 1.20/KG before firmer costs lifted the market in early 2026.

Why did the price of Polypropylene change in Q4 2025 in India?

Weak demand and cheap Asian imports met softer feedstock, easing prices. The market held near USD 1.20/KG into year-end.

Quarterly Polypropylene Price Trends

Global polypropylene prices traced a deep dip and sharp recovery across the six-quarter window. The average fell from USD 1.16/KG in Q1 2025 to USD 1.07/KG by Q4 2025 before rebounding to USD 1.18/KG by Q1 2026, a net gain of about 1.7%. Oversupply from new Asian capacity and weak demand drove the 2025 slide, while plant outages and firmer feedstock costs powered the early-2026 rebound.

What was Polypropylene Price in 2025?

Polypropylene prices fell through 2025 with little relief until the year ended. The global average opened at USD 1.16/KG in Q1, eased to USD 1.09/KG by Q3, and closed near USD 1.07/KG in Q4, a full-year decline of about 7.8%. Three forces shaped the year. A wave of new Asian capacity flooded the market, weak packaging and automotive demand capped buying, and softer propylene feedstock costs lowered the floor across regions.

Polypropylene Prices in China in 2025

Chinese prices fell from about USD 1.16/KG in Q1 2025 to USD 0.99/KG by Q4, a decline of 14.7%, the steepest in the dataset. Rapid capacity additions left the market self-sufficient and pushed exports higher, while weak domestic demand and heavy inventories drove discounting. Softer feedstock costs added to the slide through the year.

Polypropylene Prices in the United States in 2025

US prices fell from roughly USD 1.18/KG in Q1 2025 to USD 1.01/KG by Q4, a decline of 14.4%. Weak demand from packaging and automotive met ample supply and rising imports, and cautious buyers postponed purchases. Declining propylene costs lowered the floor, holding the market soft until supply outages reversed the trend in early 2026.

Polypropylene Prices in Germany in 2025

German prices eased from about USD 1.62/KG in Q1 2025 to USD 1.51/KG by Q4, a decline of around 6.8%. Weak packaging and consumer-goods demand kept buying thin, and plant restarts after force majeure added supply. High energy costs set a floor, which kept the slide gradual and held the region at the top of the range.

Polypropylene Prices in India in 2025

Indian prices fell from roughly USD 1.30/KG in Q1 2025 to USD 1.20/KG by Q4, a decline of 7.7%. Weak demand and ample regional supply weighed on the market, while low-priced Asian imports pressured local quotes. Cheaper feedstock reinforced the slide before firmer costs lifted prices in early 2026.

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Expert Market Research tracks polypropylene prices continuously across every major producing and consuming region, explaining not just that prices moved but precisely why. We trace causation through propylene and crude economics, energy tariffs, plant run rates and outages, and downstream demand in packaging, automotive, and consumer goods. Our forecasts draw on feedstock economics, trade flow data, and plant capacity utilisation across all reporting regions. Contact Expert Market Research today for polypropylene pricing data, bespoke market analysis, and strategic procurement advisory.