Singapore
Saudi Arabia
IndiaIn Q1 2025, Singapore Polyol prices edged down further to $1,142/ton in Q1 2025, a 2.14% decrease from Q4. Sluggish demand recovery and cautious buying activity kept prices under pressure despite steady operations in key downstream applications. Saudi prices slipped to $1,006/ton, marking a 2.52% decrease. Despite stable downstream operations, persistent market oversupply and cautious sentiment kept prices trending downward.
In Q1 2025, Singapore Polyol prices edged down further to $1,142/ton in Q1 2025, a 2.14% decrease from Q4. Sluggish demand recovery and cautious buying activity kept prices under pressure despite steady operations in key downstream applications. Saudi prices slipped to $1,006/ton, marking a 2.52% decrease. Despite stable downstream operations, persistent market oversupply and cautious sentiment kept prices trending downward.
Q1 2025 (India): In Q1 2025, prices declined further to $1,192/ton, a 3.01% decrease from the previous quarter. Despite stable operations in end-use sectors, buyer hesitancy and global price softness kept domestic levels under pressure. Indian Polyol market dropped to ₹128,000 INR in Q1 2025, marking a 1.96% decrease.
In Q4 2024, Singapore prices saw a significant drop to $1,167/ton, marking a 14.57% decrease. Weak export demand, ample inventories, and softening feedstock prices contributed to the steep decline across regional markets. Saudi Polyol Prices eased further to $1,032/ton in Q4 2024, down 2.64%. The decline reflected continued pressure from weak export activity and conservative purchasing by downstream manufacturers.
In Q4 2024 Polyol Prices fell significantly to $1,229/ton, marking a 14.77% drop. Softer demand, higher inventories, and lower raw material costs led to a pronounced market correction. Indian Polyol decreased further to ₹130,560 INR in Q4 2024, down 6.31%.
In Q3 2024, Singapore Polyol prices corrected to $1,366/ton in Q3 2024, a 4.54% decline. The dip followed easing supply constraints and slightly moderated demand from end-use sectors such as furniture and insulation. Saudi Arabian Polyol prices dropped sharply to $1,060/ton in Q3 2024, a 9.71% fall. Softer regional demand and increased supply from local producers weighed heavily on the market during this period.
In Q3 2024, Polyol prices dipped slightly to $1,442/ton in Q3 2024, down 3.03%. The correction followed easing supply constraints and more cautious purchasing behaviour from manufacturers. Indian Polyol fell to ₹139,350 INR, a 5.20% decline. The drop was attributed to seasonal slowdowns and tightening global demand, despite India’s competitive positioning in the international market.
In Q2 2024, Singapore Prices surged to $1,431/ton in Q2 2024, up 12.59% from the previous quarter. This sharp rise was driven by tight supply conditions, stronger regional demand, and increased input costs for raw materials like propylene oxide. Saudi Prices increased to $1,174/ton in Q2 2024, a 2.18% rise from Q1. The uptick was supported by improved export demand and slightly firmer raw material costs, especially for propylene oxide.
In Q2 2024, Prices surged to $1,487/ton in Q2 2024, a 12.65% jump. Tight regional supply and robust downstream demand, particularly in furniture and insulation, contributed to the sharp price escalation. Indian Polyol surged to ₹147,000 INR in Q2 2024, marking a 6.25% increase. Continued global demand during this period.
In Q1 2024, Polyol prices in Singapore rose to $1,271/ton, a 2.42% increase from $1,241/ton in Q4 2023. The rise was attributed to steady demand from the construction and automotive sectors, alongside slightly higher feedstock costs. Polyol prices in Saudi Arabia slightly declined to $1,149/ton in Q1 2024, down 0.43% from $1,154/ton in Q4 2023. The marginal dip was due to stable feedstock availability and consistent demand from insulation and automotive sectors.
In Q1 2024, Polyol prices in India increased to $1,320/ton, up 4.76%. The increase was fuelled by robust demand from the automotive and construction industries, along with rising feedstock costs. Indian Polyol saw a rise to ₹138,350 INR in Q1 2024, reflecting a 13.29% increase from ₹122,120 INR in Q4 2023.
These events underscore the Polyol market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
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These events underscore the Polyol market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
PriceWatch is your trusted resource for tracking global polyol price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the polyol market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.
In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence polyol prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely polyol market data.
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This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable polyol pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
The pricing of polyol is influenced by several key factors, including the cost of raw materials such as propylene oxide, glycerine, and other feedstocks. Additionally, fluctuations in crude oil prices, supply-demand dynamics, production capacity, and regional market conditions play significant roles. Environmental regulations and the push for sustainable materials can also impact pricing. Procurement heads should closely monitor these variables to make informed purchasing decisions.
Changes in raw material costs, particularly for feedstocks like propylene oxide and glycerine, directly affect polyol pricing trends. When raw material prices increase due to supply constraints or market volatility, polyol prices typically rise as producers pass on these costs. Conversely, a decrease in raw material costs can lead to lower polyol prices. Procurement heads should regularly track raw material markets to anticipate potential pricing fluctuations and adjust their procurement strategies accordingly.
The price outlook for polyol is shaped by global supply-demand dynamics, raw material trends, and economic conditions. In the near term, procurement heads should expect potential price volatility influenced by changes in feedstock availability and production capacities. To prepare for future cost changes, procurement teams should engage in strategic sourcing, consider long-term contracts with suppliers, and explore alternative suppliers to mitigate risks associated with price fluctuations and ensure stable supply.
