During Q1 2025, the international Propylene Carbonate market saw a significant downturn across all regions. China FOB prices dropped to $757/MT, reflecting a sharp 10.63% decrease compared to Q4 2024. The decline was driven by weaker demand from key end-use industries such as coatings and battery manufacturing, compounded by excess supply in the market. Similarly, CIF Vietnam prices fell by 10.32%, reaching $808/MT, as regional markets faced subdued industrial activity and cautious purchasing from downstream sectors. CIF Turkey prices also decreased by 8.02%, to $940/MT, influenced by slower demand from the automotive and electronics industries. Overall, the market sentiment remained negative, with buyers hesitating to commit to large purchases due to uncertainty in the economic outlook.



