For the Quarter Ending December 2025
Propylene Tetramer Prices in North America
- In the United States, the Propylene Tetramer Price Index rose quarter-over-quarter in Q4 2025, driven by strengthening feedstock costs.
- Propylene Tetramer production costs increased in Q4 2025, as naphtha and propane feedstock costs strengthened in December 2025.
- Industrial production expanded 2.0% year-over-year in December 2025, supporting Propylene Tetramer demand for industrial applications.
- Retail sales increased 3.3% year-over-year in November 2025, indirectly boosting Propylene Tetramer demand for consumer goods.
- The Producer Price Index (PPI) rose 3.0% year-over-year in November 2025, indicating higher input costs for manufacturers.
- Propylene inventories remained sufficient in H2 2025, contributing to stabilized supply/demand dynamics.
- Overall chemical demand remained subdued in Q4 2025, impacting the broader demand outlook for Propylene Tetramer.
- Consumer Price Index (CPI) increased 2.7% year-over-year in December 2025, reflecting general inflation affecting production expenses.
- Propylene Tetramer prices were assessed at USD 15050/ MT in Q4.
Why did the price of Propylene Tetramer change in December 2025 in North America?
- Naphtha feedstock costs strengthened in late December 2025, increasing Propylene Tetramer production expenses.
- Propane feedstock costs also increased in December 2025, contributing to higher manufacturing inputs.
- Industrial production expanded 2.0% year-over-year in December 2025, supporting demand for industrial applications.
Propylene Tetramer Prices in APAC
- In China, the Propylene Tetramer Price Index fell quarter-over-quarter in Q4 2025, influenced by weak consumer demand and a 5.1% unemployment rate in December 2025.
- Propylene Tetramer production costs increased in December 2025, driven by accelerating input cost inflation for the manufacturing sector.
- Demand for Propylene Tetramer faced headwinds in December 2025 due to low retail sales growth of 0.9% year-on-year.
- The Propylene Tetramer demand outlook was mixed, with manufacturing activity expanding in December 2025, yet new export sales modestly declined.
- Oversupply in the Asian market persisted in Q4 2025, as new propylene capacity continued to come onstream in China.
- Raw material inventories for manufacturing declined in October 2025, but companies reported sufficient stock in December 2025.
- China's industrial production grew 5.2% year-on-year in December 2025, supporting some industrial demand for Propylene Tetramer.
- The negative producer price index of -1.9% year-on-year in December 2025 indicated a challenging pricing environment.
Why did the price of Propylene Tetramer change in December 2025 in APAC?
- Weak consumer demand, evidenced by a low CPI of 0.8% year-on-year in December 2025, pressured prices.
- Oversupply from new propylene capacity in China throughout 2025 contributed to downward price pressure.
- Rising input costs for the manufacturing sector in December 2025 provided some upward pressure on production expenses.
Propylene Tetramer Prices in Europe
- In Germany, the Propylene Tetramer Price Index fell quarter-over-quarter in Q4 2025, influenced by weakening industrial demand.
- Propylene Tetramer production costs declined in Q4 2025, driven by plummeting crude oil prices throughout 2025.
- Demand for Propylene Tetramer faced headwinds in Q4 2025, as the manufacturing index contracted in December 2025.
- The Propylene Tetramer Price Index experienced downward pressure, reflecting a negative PPI of 2.5% in December 2025.
- Low consumer confidence at -17.5 in December 2025 impacted demand for Propylene Tetramer derivatives in consumer goods.
- Industrial production showed modest 0.8% year-on-year growth in October 2025, indicating limited dynamism for chemical inputs.
- Naphtha market rebalancing in November 2025 and surging global oil inventories in October 2025 influenced feedstock costs.
- European polypropylene demand remained stagnant-to-soft in H2 2025, affecting Propylene Tetramer consumption in related sectors.
Why did the price of Propylene Tetramer change in December 2025 in Europe?
- Weakening industrial demand, with a contracting manufacturing index in December 2025, pressured prices.
- Producer Price Index declined 2.5% in December 2025, reflecting lower industrial product prices.
- Plummeting crude oil prices throughout 2025 and rebalancing naphtha costs in November 2025 reduced expenses.
For the Quarter Ending September 2025
North America
- US Propylene Tetramer Price Index fell in Q3 2025, due to declining feedstock propylene and weakened chemical demand.
- Propylene Tetramer production costs were mixed; propylene prices declined, but natural gas prices rose in Q3 2025.
- Overall chemical demand weakened in Q3 2025, despite retail sales increasing 5.42% in September 2025.
- Industrial production showed near-stagnant 0.1% growth in September 2025, despite manufacturing output expanding.
- Consumer confidence declined to 94.2 in September 2025, suggesting caution in consumer spending on downstream products.
- Chemical industry inventories shrank in Q3 2025 due to accelerating destocking, impacting Propylene Tetramer supply.
- Imports accelerated in Q3 2025 due to tariff deadlines, pressuring domestic Propylene Tetramer manufacturers.
- Producer Price Index rose 2.6% in August 2025, indicating increased input costs for Propylene Tetramer derivatives.
Why did the price of Propylene Tetramer change in September 2025 in North America?
- Declining propylene prices in Q3 2025, a key feedstock, reduced Propylene Tetramer production costs.
- Overall chemical demand weakened in Q3 2025, leading to lower new orders for Propylene Tetramer.
- Producer Price Index rose 2.6% in August 2025, indicating broader inflationary pressure on manufacturing inputs.
Europe
- In Germany, the Propylene Tetramer Price Index fell quarter-over-quarter in Q3 2025, driven by contracting manufacturing activity.
- Propylene Tetramer production costs saw some relief as naphtha feedstock prices fell in Q3 2025.
- However, high energy and raw material costs continued to pressure the German chemical industry in Q3 2025.
- Propylene Tetramer demand outlook remained weak due to a contracting Manufacturing Index in Q3 2025.
- Industrial production declined by 1.0% in September 2025, dampening Propylene Tetramer demand.
- The European laundry detergents market experienced significant growth in 2025, supporting Propylene Tetramer demand.
- Retail sales increased by 0.2% in September 2025, indicating stable consumer demand for detergent end-products.
- The unemployment rate remained stable at 6.3% in September 2025, suggesting cautious consumer spending.
- Propylene Tetramer price forecast suggests continued stability to slight downward pressure amid weak industrial demand.
Why did the price of Propylene Tetramer change in September 2025 in Europe?
- Contracting Manufacturing Index in Q3 2025 and a 1.0% industrial production decline reduced demand.
- Naphtha feedstock prices fell in Q3 2025, easing Propylene Tetramer production cost pressures.
- Despite a 2.4% CPI increase in September 2025, a negative PPI of -1.7% indicated lower input costs.
APAC
- In China, the Propylene Tetramer Price Index fell quarter-over-quarter in Q3 2025, influenced by contracting manufacturing activity.
- Propylene Tetramer production costs rose in Q3 2025, driven by upward trends in naphtha, propane, and propylene prices.
- Demand for Propylene Tetramer was impacted by a -0.3% CPI YoY in September 2025, indicating weak consumer demand.
- Despite a contracting Manufacturing Index in September 2025, industrial production grew 6.5% YoY, supporting some demand.
- Retail sales increased 3.0% YoY in September 2025, positively influencing Propylene Tetramer demand for consumer goods.
- Propylene Tetramer demand outlook was tempered by a consumer confidence index of 89.6 in September 2025, suggesting pessimism.
- Inventory trends showed decreased industrial capacity utilization and broader chemical industry overcapacity in Q3 2025.
- Propylene supply tightened in August 2025 due to turnarounds, then loosened in September as units restarted.
- The Propylene Tetramer Price Forecast remains challenged by persistent overcapacity and weak pricing power in Q3 2025.
Why did the price of Propylene Tetramer change in September 2025 in APAC?
- Propylene Tetramer prices were pressured by a -2.3% PPI YoY in September 2025, reflecting weak industrial demand.
- Rising feedstock costs, including naphtha and propylene, increased production expenses in Q3 2025.
- Contracting Manufacturing Index in September 2025 indicated reduced industrial activity, dampening demand.
