For the Quarter Ending June 2026
Hydroxypropyl Cellulose Prices in North America
- In USA, the Hydroxypropyl Cellulose Price Index rose by 3.87% quarter-over-quarter, driven by freight pressures.
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 7543.67/MT, reflecting landed costs.
- Hydroxypropyl Cellulose Spot Price eased in June as sellers discounted to reduce inventory and exposure.
- Hydroxypropyl Cellulose Price Forecast points to modest rebound into Q3 driven by pharmaceutical restocking, export-tightening.
- Hydroxypropyl Cellulose Production Cost Trend softened as Propylene Oxide retreated, easing conversion costs for exporters.
- Hydroxypropyl Cellulose Demand Outlook stayed firm from pharmaceutical and nutraceutical sectors despite muted construction demand.
- Competitive exporter offers pressured the Hydroxypropyl Cellulose Price Index, forcing landed quotes lower amid competition.
- Import availability remained adequate with no major plant outages, allowing distributors to maintain inventory coverage.
Why did the price of Hydroxypropyl Cellulose change in June 2026 in North America?
- Weaker Propylene Oxide costs lowered conversion expenses, prompting exporters to reduce offers, pressuring landed prices.
- Sharp Shanghai-Houston freight spike increased logistics bills, but higher freight failed to offset feedstock-led weakness.
- Cautious pharmaceutical buying, competitive exporter pricing incentivized seller discounting, reducing spot enquiries and pressuring bids.
Hydroxypropyl Cellulose Prices in APAC
- In China, the Hydroxypropyl Cellulose Price Index rose by 3.67% quarter-over-quarter, driven by feedstock costs
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 7350.00/MT, supporting export volumes
- Hydroxypropyl Cellulose Spot Price tightened as lean plant inventories met pharmaceutical export demand from India
- Hydroxypropyl Cellulose Price Forecast projects mild June softening then gradual recovery driven by pharmaceutical procurement
- Hydroxypropyl Cellulose Production Cost Trend improved as Propylene Oxide prices fell, reducing variable manufacturing expenses
- Hydroxypropyl Cellulose Demand Outlook shows export-led cycles balancing steady domestic consumption, limiting near-term upside overall
- Hydroxypropyl Cellulose Price Index movements reflected shipping cost pressures and container rates affecting export competitiveness
- Producers maintained steady operations while lean warehouses and committed cargoes supported negotiated firm offers intermittently
Why did the price of Hydroxypropyl Cellulose change in June 2026 in APAC?
- Propylene Oxide decline reduced Hydroxypropyl Cellulose production costs, prompting exporters to lower FOB offers thereby
- Slower export bookings from India and United States weakened Hydroxypropyl Cellulose spot demand, pressuring prices
- Stable domestic rates and inventories reduced buying urgency, enabling sellers to lower Hydroxypropyl Cellulose offers
India
- In India, the Hydroxypropyl Cellulose Price Index rose by 11.92% quarter-over-quarter, reflecting tight import supply.
- Hydroxypropyl Cellulose Spot Price softened as imported offers and lower propylene oxide reduced conversion costs.
Hydroxypropyl Cellulose Prices in Europe
- In Germany, the Hydroxypropyl Cellulose Price Index rose by 3.72% quarter-over-quarter, driven by feedstock, freight.
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 7477.67/MT, per port averages.
- Hydroxypropyl Cellulose Spot Price weakened with abundant imports and softer propylene oxide reduced CIF offers.
- Hydroxypropyl Cellulose Production Cost Trend eased as Propylene Oxide declines lowered conversion expenses for exporters.
- Hydroxypropyl Cellulose Demand Outlook remains muted; pharmaceutical and coatings orders provided selective support this quarter.
- Hydroxypropyl Cellulose Price Forecast signals modest near-term recovery if origin-side tightness offsets spot abundance quickly.
- Inventory accumulation pressured the Price Index, while freight premiums and congestion supported occasional price floors.
- Major producers ran steady; EU CBAM compliance and shipping delays influenced Hydroxypropyl Cellulose Price Index.
Why did the price of Hydroxypropyl Cellulose change in June 2026 in Europe?
- Propylene Oxide costs fell, enabling sellers to discount cargoes, transmitting downward pressure on landed prices.
- Resumption of Chinese plant runs and exports increased availability, swelling inventories and reducing buying urgency.
- Euro depreciation and easing freight bottlenecks lowered landed costs, encouraging sellers to cut spot quotations.
For the Quarter Ending March 2026
Hydroxypropyl Cellulose Prices in APAC
- In China, the Hydroxypropyl Cellulose Price Index rose by 4.87% quarter-over-quarter, driven by feedstock costs.
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 7090.00/MT, per Shanghai FOB.
- Hydroxypropyl Cellulose Spot Price firmed in March as coastal inventories declined to two weeks cover.
- Hydroxypropyl Cellulose Production Cost Trend rose after fifteen percent Propylene Oxide increases, squeezing producer margins.
- Hydroxypropyl Cellulose Demand Outlook remains constructive as pharmaceutical and lithium-battery segments support steady export enquiries.
- Hydroxypropyl Cellulose Price Forecast suggests volatility, with intermittent shutdowns and feedstock swings influencing short-term moves.
- Hydroxypropyl Cellulose Price Index showed firmer levels as producers prioritised export allocations over domestic margins.
- Producers absorbed cost pressure to protect volumes, maintaining exports while coastal stocks stayed near average.
Why did the price of Hydroxypropyl Cellulose change in March 2026 in APAC?
- Propylene Oxide rose fifteen percent, lifting production costs and prompting higher FOB Shanghai offers abroad.
- Short environmental shutdowns in Shandong trimmed available spot volumes, tightening balances and supporting price increases.
- Firm export enquiries from India, United States and Europe allowed producers to pass cost increases.
Hydroxypropyl Cellulose Prices in Europe
- In Germany, the Hydroxypropyl Cellulose Price Index rose by 5% quarter-over-quarter, reflecting mild cost-push from feedstocks.
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 7209.67/MT, reported to market.
- Hydroxypropyl Cellulose Spot Price drifted higher in March as feedstock and repricing pressured spot offers.
- Hydroxypropyl Cellulose Price Forecast indicates modest near-term upside amid balanced supply and restocking across distributors.
- Hydroxypropyl Cellulose Production Cost Trend showed upward pressure from Caustic Soda and Propylene Oxide inflation.
- Hydroxypropyl Cellulose Demand Outlook remains stable with pharmaceutical and food-additive sectors maintaining steady procurement practices.
- Hydroxypropyl Cellulose Price Index momentum reflected both cost-push and tactical buyer restocking across German converters.
- Inventory levels at European warehouses remained comfortable, limiting upside in Hamburg despite supplier volume discipline.
Why did the price of Hydroxypropyl Cellulose change in March 2026 in Europe?
- Feedstock cost escalation, notably Caustic Soda and Propylene Oxide, materially increased production costs for exporters.
- Pharmaceutical and food sector restocking plus maintenance-driven procurement advanced orders, strengthening demand into March 2026.
- Logistics remained normal at Hamburg, but supplier discipline and longer lead times tightened spot supplies.
Hydroxypropyl Cellulose Prices in North America
- In USA, the Hydroxypropyl Cellulose Price Index rose by 4.63% quarter-over-quarter, driven by feedstock inflation.
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 7262.67/MT, reported during Q1.
- Rising Propylene Oxide elevated Hydroxypropyl Cellulose Production Cost Trend, pressuring exporter margins and CFR offers.
- Port congestion and stronger container freight lifted the Hydroxypropyl Cellulose Spot Price and trimmed availability.
- Balanced domestic demand supports a steady Hydroxypropyl Cellulose Demand Outlook despite logistics-driven upward pricing pressure.
- Forecasted moderation appears in the Hydroxypropyl Cellulose Price Forecast as inventories and contract supply stabilize.
- European and Japanese suppliers operated normally, keeping imports steady while supporting Hydroxypropyl Cellulose Price Index.
- Distributors maintained comfortable Gulf inventories, reducing immediate procurement urgency and tempering aggressive spot buying activity.
Why did the price of Hydroxypropyl Cellulose change in March 2026 in North America?
- Feedstock Propylene Oxide surged significantly, materially raising landed production costs and pressuring CFR quotations higher.
- Container freight rates increased and berth congestion extended transit times, tightening physical availability into Houston.
- Steady pharmaceutical and nutraceutical offtake absorbed supply, preventing destocking and supporting continued upward pricing momentum.
For the Quarter Ending December 2025
Hydroxypropyl Cellulose Prices in North America
- In the USA, the Hydroxypropyl Cellulose Price Index fell by 4.66% quarter-over-quarter, driven by imports.
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 8011.67/MT, indicating restrained restocking.
- Hydroxypropyl Cellulose Spot Price softened as Asian exporters increased offers while U.S. buyers limited orders.
- Hydroxypropyl Cellulose Price Forecast suggests moderate recovery into early 2026 as restocking gradually resumes ahead.
- Hydroxypropyl Cellulose Production Cost Trend muted as propylene oxide rose but freight declines reduced costs.
- Hydroxypropyl Cellulose Demand Outlook stays subdued with pharmaceutical and nutraceutical buyers favoring inventory drawdowns periodically.
- Hydroxypropyl Cellulose Price Index reflected rising Gulf Coast stocks and warehouse cover limiting upward pressure.
- Major Asian and European plants ran reliably, sustaining exports while U.S. distributors avoided aggressive restocking.
Why did the price of Hydroxypropyl Cellulose change in December 2025 in North America?
- China to US freight collapsed, lowering landed costs and encouraging import flows into Gulf ports.
- Domestic demand softened as pharmaceutical, nutraceutical buyers drew down inventories instead of buying spot.
- Asian and European producers ran at normal rates, maintaining exports and increasing warehouse supply levels.
Hydroxypropyl Cellulose Prices in APAC
- In China, the Hydroxypropyl Cellulose Price Index fell by 3.2% quarter-over-quarter, reflecting supply glut pressure.
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 6760.67/MT per FOB Shanghai.
- Hydroxypropyl Cellulose Spot Price softened as bonded inventories accumulated and sellers offered sizeable prompt-shipment discounts.
- Hydroxypropyl Cellulose Price Forecast anticipates modest rebound driven by early-year restocking and firmer pulp costs.
- Hydroxypropyl Cellulose Production Cost Trend remained elevated due to cellulose pulp and processing energy prices.
- Hydroxypropyl Cellulose Demand Outlook remains steady as pharmaceuticals and coatings maintain routine buying, exports moderating.
- Hydroxypropyl Cellulose Price Index volatility reflected freight GRIs and congestion, and buyer caution curtailing spot enquiries.
- High operating rates and accumulated bonded stocks pressured markets, prompting prompt-shipment discounts and compressing margins.
Why did the price of Hydroxypropyl Cellulose change in December 2025 in APAC?
- Elevated eastern-China production increased inventories; plants ran high rates, creating supply overhang and downward pressure.
- Reduced buying from India, US and Europe lowered shipments, encouraging discounts on FOB Shanghai offers.
- Freight GRIs and congestion raised logistics costs, while available bonded stocks incentivized discounted prompt sales.
Hydroxypropyl Cellulose Prices in Europe
- In Germany, the Hydroxypropyl Cellulose Price Index fell by 4.52% quarter-over-quarter, reflecting elevated inventory levels.
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 7956.67/MT per CFR Hamburg.
- Hydroxypropyl Cellulose Spot Price eased in December as soft year-end buying trimmed immediate spot tendering.
- Hydroxypropyl Cellulose Price Forecast suggests modest recovery driven by restocking and freight and feedstock support.
- Hydroxypropyl Cellulose Production Cost Trend softened as caustic and propylene oxide feedstock prices eased modestly.
- Hydroxypropyl Cellulose Demand Outlook remains steady for pharmaceuticals and coatings, while industrial offtake stayed subdued.
- Hydroxypropyl Cellulose Price Index reflected abundant imports, elevated distributor stocks, and restrained export demand pressure.
- Major exporters operated without maintenance outages, supporting supply continuity and keeping competition among offers firm.
Why did the price of Hydroxypropyl Cellulose change in December 2025 in Europe?
- Ample imports and distributor stock builds created surplus availability, undermining spot pricing at month-end levels.
- Weakened year-end buying by pharmaceutical and food sectors reduced demand pull, leaving distributors with cover.
- Softer feedstock costs plus steady freight lowered landed costs, enabling suppliers to trim CFR offers.
For the Quarter Ending September 2025
North America
- In the USA, the Hydroxypropyl Cellulose Price Index fell by 2.32% quarter-over-quarter, reflecting global oversupply.
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 8403.33/MT CFR Houston market
- Hydroxypropyl Cellulose Spot Price recovery was constrained by persistent inventories and aggressive Asian export discounting.
- Hydroxypropyl Cellulose Price Forecast indicates mild firming as importers rebuild stocks and procurement stabilizes shortly.
- Hydroxypropyl Cellulose Production Cost Trend rose due to freight inflation and tariff-driven landed import costs.
- Hydroxypropyl Cellulose Demand Outlook remains subdued as pharmaceutical buyers cautious and cosmetic pre-stocking reduced purchases.
- Hydroxypropyl Cellulose Price Index pressured by elevated inventories, muted demand, and diverted shipments boosting stock.
- Major supplier operational stability supports recovery, while competitive domestic selling limits Hydroxypropyl Cellulose near-term rally.
Why did the price of Hydroxypropyl Cellulose change in September 2025 in North America?
- Excess imports from China and India created oversupply, triggering aggressive discounting and increased U.S. inventories.
- Freight inflation and tariff-driven landed cost uncertainty disrupted logistics, prompting procurement timing shifts and congestion.
- Downstream buyers pre-stocked earlier and remained cautious, reducing fresh procurement and keeping short-term demand muted.
APAC
- In China, the Hydroxypropyl Cellulose Price Index fell by 2.74% quarter-over-quarter, reflecting oversupply and weak demand.
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 8156.67/MT, reflecting reported FOB Shanghai transactions.
- Supply disruptions and maintenance lifted Hydroxypropyl Cellulose Spot Price while inventories remained uneven across provinces.
- Downstream purchasing patterns influenced the Hydroxypropyl Cellulose Price Forecast amid tariff-driven export arbitrage and premiums.
- Rising starch feedstock costs supported the Hydroxypropyl Cellulose Production Cost Trend, pressuring smaller producers' supply.
- Hydroxypropyl Cellulose Demand Outlook stayed subdued with pharmaceutical demand stable but insufficient to absorb inventories.
- Short-term Price Index momentum reflected regulatory crackdowns on underpricing and aggressive discounting by smaller manufacturers.
- Inventories and export restocking before tariff changes constrained availability, supporting rallies in the Price Index.
Why did the price of Hydroxypropyl Cellulose change in September 2025 in APAC?
- Plant maintenance reduced output while smaller producers increased shipments, temporarily further rebalancing tight domestic supply.
- Elevated freight and feedstock costs raised delivered costs, sustaining upward pressure despite weak industrial PMI.
- Export pre-buying and regulatory enforcement on pricing shifted volumes, reducing domestic inventories and impacting availability.
Europe
- In Germany, the Hydroxypropyl Cellulose Price Index fell by 2.23% quarter-over-quarter, reflecting ample inventories and muted imports.
- The average Hydroxypropyl Cellulose price for the quarter was approximately USD 8333.33/MT, cited by Hamburg CFR trades.
- Hydroxypropyl Cellulose Spot Price showed limited upside as Price Index weakness persisted amid cautious distributor selling.
- Hydroxypropyl Cellulose Production Cost Trend remained mixed, freight and demurrage increases offset lower energy and feedstock input pressures.
- Hydroxypropyl Cellulose Demand Outlook modestly improved from July, yet Price Index volatility reflects cautious downstream procurement behavior.
- Hydroxypropyl Cellulose Price Forecast indicates mild recovery into Q4 driven by restocking and constrained import lead times.
- Inventory drawdown and subdued export demand limited spot activity, keeping the Hydroxypropyl Cellulose Price Index under pressure.
- Major producers operated stably with no major outages; logistics bottlenecks and port congestion influenced landed Hydroxypropyl Cellulose costs.
Why did the price of Hydroxypropyl Cellulose change in September 2025 in Europe?
- Ample inventories and muted imports reduced buying urgency, producing downward pressure on September Price Index.
- Rising freight and demurrage increased landed costs, tightening supply chains despite soft domestic demand in September.
- Downstream cautious procurement and export timing shifts kept transactional velocity low, limiting upward price momentum.
