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Propylene Glycol Prices in India | |
Delhi, July 01, 2025 — Propylene Glycol, a versatile industrial chemical used in pharmaceuticals, cosmetics, food processing, and antifreeze formulations, has witnessed a notable price reduction in the Delhi chemical market. According to market sources, propylene glycol prices dropped by ₹2/kg, falling from ₹93/kg on June 30 to ₹91/kg on July 01, 2025. The price cut is largely attributed to weakened industrial demand and easing global supply chains, particularly in the food and personal care sectors, where procurement activities have slowed down following a temporary inventory buildup. Adding to the downward pressure are moderated shipping costs, improved availability of feedstock materials like propylene oxide, and reduced import prices from major overseas suppliers. Several international producers have resumed full-capacity operations, improving supply stability and pushing prices downward in key Asian markets, including India. Global Market Outlook:- The global propylene glycol market is expected to grow at a compound annual growth rate (CAGR) of 4.8% through 2034. Currently valued at approximately US$4.2 billion in 2024, the market is projected to expand steadily, driven by demand in pharmaceuticals, processed foods, and heat transfer fluids. Despite the current dip in prices, analysts anticipate a potential rebound in the medium term due to rising demand from the cosmetics and pharmaceutical industries, as well as increasing usage in green antifreeze formulations aligned with eco-friendly regulatory norms worldwide. With stable feedstock supply and relaxed freight costs, propylene glycol prices may remain subdued in the short term, offering a favorable window for bulk procurement across multiple sectors, Propylene Glycol Prices in India, Indian Propylene Glycol Prices, Indian Prices Propylene Glycol, IndianPetrochem. #PropyleneGlycolPricesinIndia #IndianPropyleneGlycolPrices #IndianPricesPropyleneGlycol #IndianPetrochem | |
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| Target State: All States Target City : Delhi Last Update : 01 July 2025 9:21 PM Number of Views: 23 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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2025-07-02 (0.587 sec)