Polypropylene (PP) Price Trend

Polypropylene Price Trend, Index and Forecast

Track real-time and historical polypropylene prices across global regions. Updated monthly with market insights, drivers, and forecasts.

Polypropylene Prices February 2026

Polypropylene Price Index (USD/KG): 

The chart below highlights monthly polypropylene prices across different regions.

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Market Overview Q4 Ending December 2025

Northeast Asia: The polypropylene prices in Northeast Asia reached 0.99 USD/KG in December 2025. The downward pricing movement registered between September and December 2025 was 5.1%. Weaker downstream demand in the packaging, automotive components, and home goods manufacturing industries, driven by muted consumer spending and sluggish industrial activity throughout the region, was the main driver of the price reduction. The support for regional polymerization plants' production costs was further undermined by declining upstream propylene monomer feedstock costs. Major producers' high inventory levels heightened competitive discounting tactics to speed up stock clearing, while supply side pressure was exacerbated by excess production capacity from recently expanded facilities.

Europe: The polypropylene prices in Europe reached 1.51 USD/KG in December 2025. The downward pricing movement registered between September and December 2025 was 4.5%. The notable price correction reflected dampened consumption from the packaging, automotive, and injection molding sectors amid broader contraction in regional manufacturing output and consumer demand. Softening upstream valuations of propylene monomer feedstock substantially reduced production cost benchmarks for domestic polymer producers, diminishing baseline pricing support across the supply chain. Increased import availability from competitively priced cargoes exerted additional downward pressure on prevailing market rates, while surplus stockpile positions among key converters prompted cautious procurement strategies. Conservative purchasing decisions adopted by downstream processors, anticipating further market weakening, restricted restocking activity, maintaining persistently bearish conditions throughout the quarterly period.

India: The polypropylene prices in India reached 1.07 USD/KG in December 2025. The downward pricing movement registered between September and December 2025 was 6.4%. Seasonal reductions in downstream processing activity across the domestic market, along with muted demand from the flexible packaging, woven sack, and FMCG container manufacturing sectors, were the main drivers of the notable price correction. For local polymer producers, softening upstream propylene monomer feedstock costs significantly decreased manufacturing costs, allowing for price reductions. Supply side pressure was exacerbated by growing competition between domestic producers and compounders, and pricing support was further weakened by increased import availability from competitively priced cargoes.

North America: The polypropylene prices in North America reached 1.01 USD/KG in December 2025. The downward pricing movement registered between September and December 2025 was 14.6%. The substantial price decline was driven by significantly weakened demand from the packaging, consumer goods, and automotive component manufacturing sectors amid softening end market conditions and cautious spending patterns across the region. Declining upstream propylene monomer feedstock costs substantially diminished production cost support for domestic polymer producers, facilitating aggressive downward pricing revisions. Surplus production output from expanded domestic polymerization capacity exerted pronounced supply side pressure, while increased import competition from competitively priced cargoes further dampened market rates.

Market Overview Q3 Ending September 2025

Northeast Asia: In Northeast Asia, polypropylene prices declined slightly as steady supply from regional producers outweighed moderate demand from packaging and automotive sectors. The keyword price index reflected cautious procurement from converters, who relied on existing inventories amid subdued export orders. Despite stable feedstock propylene availability, oversupply concerns limited upward pricing potential, keeping values on a downward path.

Europe: In Europe, polypropylene prices registered a sharper decline as weaker demand from automotive, construction, and packaging industries added downward pressure. The keyword price index trended lower due to abundant inventories and subdued offtake from processors. Falling feedstock costs, alongside competitive imports from Asia, exacerbated bearish sentiment, leaving regional producers struggling to maintain margins.

India: In India, polypropylene prices dipped as demand from packaging and consumer goods remained lackluster. The keyword price index moved lower as distributors reported slower procurement activity and sufficient local supply. Although feedstock propylene was readily available, downstream processors adopted conservative purchasing strategies, anticipating further declines. Export opportunities remained muted, adding to the bearish outlook.

North America: In North America, polypropylene prices fell as demand from packaging and industrial sectors softened. The keyword price index showed weaker procurement momentum, while consistent domestic production maintained ample supply. Imports added competitive pressure, further reducing price levels. Despite stable feedstock availability, limited seasonal support prevented any significant rebound in market sentiment this quarter.

Polypropylene Price Trend, Market Analysis, and News

IMARC's latest publication, “Polypropylene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2026 Edition,” presents a detailed examination of the polypropylene market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of polypropylene at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed polypropylene prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting polypropylene pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Polypropylene Industry Analysis

The global polypropylene industry size reached USD 140.9 Billion in 2025. By 2034, IMARC Group expects the market to reach USD 187.0 Billion, at a projected CAGR of 3.10% during 2026-2034. Growth is driven by increasing demand from packaging, automotive, and consumer goods sectors, rising adoption in construction applications, and the material’s cost effectiveness, durability, and versatility across industrial uses.

Latest developments in the Polypropylene Industry:

• June 2025: PureCycle Technologies revealed a significant capital raise of $300 million. This significant investment will support PureCycle's ambitious goal to create one billion pounds of installed recycling capacity in major global markets by the decade's end, a step likely to greatly influence the circular economy for plastics. This partnership will involve the building of a new 130-million-pound Polypropylene (PP) recycling plant in IRPC’s eco-industrial zone located in Rayong, Thailand.
   
• May 2025: Borealis allocates more than EUR 100 million for a new High Melt Strength polypropylene (HMS PP) production line at its facility in Burghausen, Germany. The launch of the start-up is scheduled for the latter half of 2026.
   
• February 2025: Bharat Petroleum Corporation Ltd (BPCL) announced its plans of establishing a new polypropylene unit worth ₹5,500 crore in Kochi, representing its second petrochemical initiative in the area. Sanjay Khanna, Director (Refineries) at BPCL, anticipates the plant will be operational by October 2027.
   
• May 2024: LyondellBasell (LYB) and Alujain Corporation (Alujain) declared the successful acquisition of a 35% stake in National Petrochemical Industrial Company (NATPET) in Saudi Arabia by LYB from Alujain. The joint venture utilizes LYB Spheripol polypropylene (PP) technology, allowing LYB to profitably grow its core PP business by securing access to advantageous feedstocks and increased product marketing volumes.
   
• August 2024: Sahara International Petrochemical Company (Sipchem) granted substantial engineering, procurement, and construction contracts totaling $169 million for a significant expansion of its affiliate, Al-Waha Petrochemical Company’s propylene and polypropylene facilities. This expansion is a tactical decision to boost the production capabilities of these essential facilities and improve Sipchem’s operational efficiencies.
   
• October 2024: Manali Petrochemical Ltd (MPL), based in Chennai, announced its agenda to broaden its petrochemical production range by initiating new projects focused on propylene glycol and polyester glycol. The expansion is anticipated to require a total investment exceeding Rs 130 crore, employing both greenfield and brownfield approaches. The firm plans to finance these projects via a mix of internal earnings and borrowing, with the exact funding breakdown to be established later.

Product Description

Polypropylene (PP) is a thermoplastic polymer produced by the polymerization of propylene monomers. It is lightweight, chemically resistant, and offers good mechanical strength, impact resistance, and processability. Polypropylene is categorized into homopolymers and copolymers, each with distinct performance characteristics. It is widely used in packaging films, containers, automotive components, textiles, and household goods. In construction, PP is utilized in piping, insulation, and geotextiles. Its recyclability and compatibility with reinforcement additives enhance its role in sustainable manufacturing practices. As one of the most consumed polymers globally, polypropylene remains integral to packaging, automotive, industrial, and consumer applications.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of polypropylene pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting polypropylene price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The polypropylene price charts ensure our clients remain at the forefront of the industry.