The **Propylene Price Trend** Q2 2026 showed a sharp increase across all monitored markets as geopolitical tensions and the threat of disruption around the Strait of Hormuz tightened crude oil, propane, and naphtha feedstock supply chains. The resulting rise in feedstock and energy costs increased production and replacement costs across the propylene market.
European Polymer Grade markets recorded particularly strong increases, while Refinery Grade markets in the Americas experienced comparatively more moderate movements. Markets in Southeast Asia and India also recorded significant gains as import prices followed regional export movements. In June, prices corrected across all monitored markets as buyers adjusted procurement and market pressure eased.
The Propylene Price Trend in South Korea increased by approximately 43.58% in Q2 2026. Higher crude oil, propane, and naphtha feedstock costs, combined with geopolitical supply-chain concerns, pushed FOB export valuations higher during the quarter.
Demand from polypropylene and downstream polymer producers remained steady, supporting the market. In June 2026, Propylene Prices in South Korea declined by around 15.00% as buyers adjusted procurement activity.
The Propylene Price Trend in China increased by approximately 43.17% during Q2 2026. Firm export prices from South Korea passed through into CIF Shanghai import valuations.
Higher feedstock costs and supply-chain uncertainty supported the increase, while steady polypropylene and downstream polymer demand maintained purchasing activity. In June, Propylene Prices in China declined by approximately 14.52% as procurement requirements were adjusted.
The Propylene Price Trend in the Netherlands surged by approximately 91.45% during Q2 2026. Tight feedstock supply and elevated crude oil, propane, and naphtha costs pushed FD Rotterdam prices sharply higher.
Demand from polypropylene and downstream polymer buyers remained firm. However, June brought a significant correction, with Propylene Prices declining by approximately 28.27% as purchasing activity adjusted.
The Propylene Price Trend in Germany increased by approximately 89.15% during Q2 2026. Firm pricing in the Netherlands influenced German market valuations, while higher feedstock costs supported the increase.
FD Hamburg pricing remained elevated on steady downstream demand. In June, Propylene Prices in Germany declined by around 27.34% as buyers reduced or adjusted procurement.
The Propylene Price Trend in Belgium rose by approximately 88.38% during Q2 2026. Higher feedstock costs and supply-chain uncertainty supported the strong increase in FD Antwerp pricing.
Demand from polypropylene and downstream polymer producers remained stable. In June, Propylene Prices in Belgium declined by approximately 27.73%, reflecting a broad market correction.
The Propylene Price Trend in Thailand increased by approximately 62.39% during Q2 2026. FOB Laem Chabang prices were supported by higher feedstock costs and tighter international supply conditions.
Steady demand from polypropylene and downstream polymer buyers maintained market support. In June, Propylene Prices in Thailand declined by approximately 11.09% as procurement activity adjusted.