For the Quarter Ending December 2025
North America
• In USA, the Dipropylene Glycol Monomethyl Ether Price Index fell by 7.08% quarter-over-quarter, import discounts.
• The average Dipropylene Glycol Monomethyl Ether price for the quarter was approximately USD 1553.33/MT, nominal.
• Propylene oxide increases lifted Dipropylene Glycol Monomethyl Ether Production Cost Trend, yet Price Index softened.
• Ample imports and discounts pushed Dipropylene Glycol Monomethyl Ether Spot Price lower, dragging Price Index.
• Near-term Dipropylene Glycol Monomethyl Ether Price Forecast indicates modest recovery amid seasonal replenishment and normalization.
• Dipropylene Glycol Monomethyl Ether Demand Outlook remains weak as paints and coatings destock into year-end.
• Import parity dominated values despite steady domestic plants; planned maintenance may temporarily tighten regional supply.
• Freight rate rises partly offset discounts, keeping Dipropylene Glycol Monomethyl Ether Spot Price competitiveness muted.
Why did the price of Dipropylene Glycol Monomethyl Ether change in December 2025 in North America?
• Year-end discounting by Asian exporters pressured import parity, lowering Dipropylene Glycol Monomethyl Ether prices.
• Destocking across paints and coatings reduced domestic demand, suppressing spot interest, procurement activity.
• Freight increases could not overcome port efficiency; inventories remained ample, keeping prices subdued.
APAC
• In China, the Dipropylene Glycol Monomethyl Ether Price Index fell by 6.6% quarter-over-quarter, reflecting weakness.
• The average Dipropylene Glycol Monomethyl Ether price for the quarter was approximately USD 1448.67/MT value.
• December spot weakness reduced the Dipropylene Glycol Monomethyl Ether Spot Price as distributors discounted inventory.
• Seasonal patterns and export signals shape the Dipropylene Glycol Monomethyl Ether Price Forecast for winter.
• Easing propylene oxide costs supported margins, moderating the Dipropylene Glycol Monomethyl Ether Production Cost Trend.
• Muted architectural and industrial coatings activity underpins the Dipropylene Glycol Monomethyl Ether Demand Outlook short-term.
• High inventories and port normalisation constrained pressure on the Dipropylene Glycol Monomethyl Ether Price Index.
• Export softness and freight volatility limited Dipropylene Glycol Monomethyl Ether buying, prompting sellers to discount.
Why did the price of Dipropylene Glycol Monomethyl Ether change in December 2025 in APAC?
• Elevated inventories and subdued domestic coatings demand reduced buying, exerting downward pressure on December quotations.
• Propylene oxide feedstock costs rose slightly but failed to offset weak demand, pressuring producer margins.
• Port congestion eased; freight volatility altered export flows, prompting delayed nominations and weaker spot sales.
Europe
• In Europe, the Dipropylene Glycol Monomethyl Ether Price Index declined quarter-over-quarter, pressured by weak downstream demand and competitive imports.
• Dipropylene Glycol Monomethyl Ether Spot Price softened across major hubs as ample inventories and cautious buyer sentiment limited spot trade activity.
• Dipropylene Glycol Monomethyl Ether Production Cost Trend remained mixed; higher propylene oxide feedstock costs were largely offset by stable energy prices and efficient plant operations.
• Dipropylene Glycol Monomethyl Ether Price Forecast points to near-term stability, with limited upside until demand from coatings and industrial solvents improves.
• Dipropylene Glycol Monomethyl Ether Demand Outlook stayed subdued as paints, coatings, and construction-related sectors continued year-end destocking.
• Import availability from Asia and intra-Europe trade flows capped price recovery despite steady domestic operating rates.
• Freight and logistics conditions normalized post-holiday, supporting smoother supply but offering no pricing leverage.
• Producers focused on contract fulfillment rather than spot expansion, maintaining comfortable supply across the region.
Why did the price of Dipropylene Glycol Monomethyl Ether change in December 2025 in Europe?
• Weak paints and coatings demand led to destocking and reduced spot procurement toward year-end.
• Competitive Asian import offers limited sellers’ ability to pass through higher feedstock costs.
• Adequate inventories and stable plant operations prevented any supply-driven price support.
For the Quarter Ending September 2025
North America
• In USA, the Dipropylene Glycol Monomethyl Ether Price Index fell by 14.42% quarter-over-quarter, reflecting imports.
• The average Dipropylene Glycol Monomethyl Ether price for the quarter was approximately USD 1671.67/MT reported.
• Inventory builds and arrivals pushed Dipropylene Glycol Monomethyl Ether Spot Price and Price Index lower.
• Market signals and freight reductions shaped the Dipropylene Glycol Monomethyl Ether Price Forecast downward moderately.
• Declining propylene oxide costs eased margins, influencing the Dipropylene Glycol Monomethyl Ether Production Cost Trend.
• Resilient household demand offset weak coatings volumes, keeping Dipropylene Glycol Monomethyl Ether Demand Outlook cautious.
• High port inventories and cheap Asian offers weighed on Dipropylene Glycol Monomethyl Ether Price Index.
• Selective forward buying ahead of tariff noise briefly supported offers, yet Price Forecast remained bearish.
Why did the price of Dipropylene Glycol Monomethyl Ether change in September 2025 in North America?
• Cheaper Chinese exports with lower freight rates reduced landed costs and pressured domestic buying activity.
• Elevated inventories at coastal hubs and weak coatings and FMCG demand reduced immediate offtake significantly.
• Feedstock propylene oxide declines eased production costs while tariff uncertainty encouraged buyers delay spot purchases.
APAC
• In China, the Dipropylene Glycol Monomethyl Ether Price Index fell by 13.48% quarter-over-quarter, driven by oversupply.
• The average Dipropylene Glycol Monomethyl Ether price for the quarter was approximately USD 1551.67/MT delivered.
• China's Dipropylene Glycol Monomethyl Ether Spot Price weakened as exporters discounted cargoes to clear inventories amid sluggish buying.
• The Dipropylene Glycol Monomethyl Ether Price Forecast suggests modest volatility with intermittent upticks due to temporary inventory adjustments.
• Propylene oxide easing influenced the Dipropylene Glycol Monomethyl Ether Production Cost Trend, supporting margins despite weak demand.
• Domestic Dipropylene Glycol Monomethyl Ether Demand Outlook remains muted, constrained by FMCG and coatings sector seasonality and destocking.
• High inventories and export competition pressured the Dipropylene Glycol Monomethyl Ether Price Index despite occasional procurement restoring stability.
• Major Chinese producers maintained production rates, with only limited maintenance, keeping flows ample and pricing leverage minimal.
Why did the price of Dipropylene Glycol Monomethyl Ether change in September 2025 in APAC?
• Oversupply from domestic producers and high inventories forced sellers to discount, compressing market Price Index.
• Lower propylene oxide costs reduced production cost trend, while monsoon logistics disruptions delayed inland deliveries.
• Soft domestic FMCG and coatings demand plus weak export enquiries reduced bids across spot markets.
Europe
• In Europe, the Dipropylene Glycol Monomethyl Ether Price Index fell by 9.87% quarter-over-quarter, driven by weak coatings demand and competitive import flows.
• Dipropylene Glycol Monomethyl Ether Spot Price remained under pressure in September as inventories rose and downstream demand softened.
• Market sentiment and declining freight costs shaped the Dipropylene Glycol Monomethyl Ether Price Forecast with a bearish tilt.
• Dipropylene Glycol Monomethyl Ether Production Cost Trend eased slightly due to lower propylene oxide input costs and stable energy rates.
• Dipropylene Glycol Monomethyl Ether Demand Outlook remained cautious, with household and cleaning sectors showing resilience while coatings and printing applications lagged.
• The Dipropylene Glycol Monomethyl Ether Price Index reflected oversupply and margin compression amid rising Asian imports and subdued domestic consumption.
• Seasonal procurement delays and macroeconomic uncertainty limited spot activity, keeping offers rangebound despite selective restocking.
Why did the price of Dipropylene Glycol Monomethyl Ether change in September 2025 in Europe?
• Weak demand from coatings and printing sectors reduced spot buying, softening the Price Index.
• Competitive Asian imports and elevated inventories across key terminals pressured domestic pricing.
• Declining feedstock costs and cautious procurement strategies amid economic uncertainty capped any upward momentum.
For the Quarter Ending June 2025
APAC
• The Dipropylene Glycol Monomethyl Ether Price Index in China showed high volatility: a 4% drop in April, a 5% rebound in May, and a sharp 10% decline in June. This reflects fluctuating raw material prices, PSVME oversupply, export adjustments, and variable downstream consumption.
• The Dipropylene Glycol Monomethyl Ether Spot Price (FOB Qingdao) shifted from USD 1800/MT in April, rising in May, then falling to USD 1690/MT in June.
• The Dipropylene Glycol Monomethyl Ether Production Cost Trend mirrored input trends: propylene oxide and methanol dropped sharply in April, stabilized in May, then declined again in June.
• Why prices changed in July 2025
o In July, the Price Index continued to decrease, due to cooling downstream demand in coatings, FMCG, and NEV-related sectors, easing feedstock prices, and inventory overhang.
• The Dipropylene Glycol Monomethyl Ether Demand Outlook remains cautious; consumption from personal care and industrial coatings is steady but lacking a strong recovery.
• The Dipropylene Glycol Monomethyl Ether Price Forecast suggests continued softness into Q3 unless global export orders pick up or downstream restocking resumes.
North America (USA)
• The Dipropylene Glycol Monomethyl Ether Price Index in the U.S. followed a similar pattern: −4% in April, +5% in May, and −10% in June.
• In Los Angeles markets, the Dipropylene Glycol Monomethyl Ether Spot Price (CFR) moved from USD 1955/MT in April, to USD 2055/MT in May, then dropped in June.
• The Production Cost Trend was shaped by falling methanol and propylene oxide costs, partially offset by high freight and logistical constraints.
• Why prices changed in July 2025
o The Price Index slipped further in July, driven by continued weak coatings and personal care procurement, surplus import availability, and stable-to-lower input costs.
• The Dipropylene Glycol Monomethyl Ether Demand Outlook suggests moderate demand in the FMCG and coatings sectors, but constrained by consumer caution and sluggish industrial activity.
• The Dipropylene Glycol Monomethyl Ether Price Forecast indicates potential for further price softness unless infrastructure or consumer-facing sectors rebound.
Europe
• Pricing trends mirrored global movements, with the Dipropylene Glycol Monomethyl Ether Price Index showing mixed fluctuations linked to upstream volatility and downstream demand swings.
• While detailed spot pricing isn’t available, Europe’s import dependence and feedstock cycles caused intermittent upward and downward movements in the index.
• Why prices changed in July 2025
o The Price Index likely declined moderately, factoring in eased raw material costs, soft industrial demand in coatings and adhesives, and subdued procurement activity from downstream users.
• The Production Cost Trend stabilized as logistics costs eased and input feedstock prices softened.
• The Demand Outlook remained cautious, with slow recovery in construction, packaging, and personal care sectors delaying stronger consumption.
For the Quarter Ending March 2025
North America
North America's Dipropylene Glycol Monomethyl Ether market in Q1 2025 experienced subdued demand driven by economic uncertainty and elevated borrowing costs, which constrained construction activity and downstream sectors such as paints and coatings.
Supply conditions improved due to steady imports and excess domestic inventory, exerting downward pressure on prices. While the personal care segment showed resilience, it was insufficient to offset weaker industrial demand, resulting in a generally bearish market sentiment that persisted through the quarter.
In the USA, prices declined marginally by 0.4% from Q4 2024 to Q1 2025, averaging USD 2002/MT in the current quarter. Monthly data reveal a consistent downward trend, reflecting subdued industrial demand and improved supply availability. High borrowing costs and inflation dampened construction-related consumption, while steady imports from China maintained ample inventories. The overall market remains bearish with a near-term outlook indicating modest price recovery potential in subsequent months.
Asia
In the APAC region during Q1 2025, Dipropylene Glycol Monomethyl Ether demand exhibited mixed signals, with subdued activity in construction and industrial sectors tempering overall consumption. While supply remained stable, driven by consistent production and export flows, demand was buoyed by growth in automotive and personal care segments. Inventory levels were generally adequate, reflecting cautious procurement amid economic uncertainties and policy-driven project delays. The regional market sentiment was cautiously optimistic, with early quarter weakness giving way to moderate recovery prospects. China's Dipropylene Glycol Monomethyl Ether prices rose by 2.89% from Q4 2024 to Q1 2025, averaging USD 1842/MT. Despite this quarterly increase, monthly data reveal a bearish intra-quarter trend, with prices declining from January through March. This price behavior reflects strong automotive sector demand counterbalanced by weakening construction activity and subdued domestic consumption. The overall trend is cautiously bearish, with near-term outlook dependent on export demand and stabilization in key end-use industries.
Europe
In Q1 2025, the European market for Dipropylene Glycol Monomethyl Ether (DPGME) experienced notable price fluctuations, influenced by sectoral demands and economic conditions. January saw a modest price increase due to steady demand from the coatings and paints industry, particularly in Southern Europe where milder winter conditions supported construction activities. However, February witnessed a slight dip as the automotive sector faced challenges, with companies like Volvo announcing significant job cuts amid declining sales and revenues, citing unprecedented industry challenges. This downturn in the automotive industry tempered demand for DPGME derivatives used in vehicle manufacturing.
March brought renewed price pressures, driven by rising raw material costs, particularly for propylene oxide, and supply constraints due to production disruptions from maintenance and unplanned shutdowns. Additionally, logistical challenges increased delivery times and costs, further tightening the market and pushing prices upward.
The construction sector showed signs of recovery, with EUROFER forecasting a 1.1% growth in 2025 after years of decline. This resurgence, supported by EU funding and infrastructure projects, bolstered demand for DPGME in construction-related applications.
Overall, Europe's DPGME market in Q1 2025 was shaped by a recovering construction sector and a struggling automotive industry, leading to a nuanced pricing landscape influenced by varying sectoral demands and economic factors.
