In the first half of November 2025, Polyol prices stayed stable in Europe, as market players did not change prices from late October amid steady demand and reliable supply. The demand for Polyol was firm as seasonal restocking supported recovery in polyurethane (PU) industries. The furniture sector used more flexible PU foams and adhesives to meet interest in eco-friendly products, while the automotive industry added demand through growing electric vehicle production backed by government programs. The construction sector also contributed, with energy-efficient housing and infrastructure projects increasing the need for PU-based insulation, cushioning, and composite materials. On the supply side, production remained steady but was limited by moderate feedstock propylene oxide availability. Exports to the U.S. and China were weak. Looking ahead, Polyol prices are expected to rise in the coming weeks of Q4 as winter slows supply, while higher energy and raw material costs would raise the production expenses.
