BASF has increased prices for its Lupranate MDI and Lupranate TDI products in ASEAN and South Asia markets, citing rising raw material, transportation, and energy costs as key drivers. The price hike takes effect immediately or as existing contract terms permit, signaling sustained upward cost pressure in the isocyanates supply chain.
The IEA sharply lowered its 2026 global oil demand outlook, citing the escalating Mideast conflict and elevated energy prices. The agency now projects a significantly steeper year-on-year decline in consumption than previously forecast, warning that market tightening and demand destruction are accelerating.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Thermoplastic Elastomer (TPE) | China | FOB | USD 2,226.12/MT | August 2026 |
| Thermoplastic Elastomer (TPE) | India | CIF | USD 2,317.12/MT | August 2026 |
| Thermoplastic Elastomer (TPE) | USA | CIF | USD 2,382.12/MT | August 2026 |
| Thermoplastic Elastomer (TPE) | Germany | CIF | USD 2,340.12/MT | August 2026 |
| Thermoplastic Elastomer (TPE) | Canada | CIF | USD 2,392.12/MT | August 2026 |
| Thermoplastic Elastomer (TPE) | China | FOB | USD 2,212.92/MT | July 2026 |
| Thermoplastic Elastomer (TPE) | India | CIF | USD 2,319.92/MT | July 2026 |
| Thermoplastic Elastomer (TPE) | USA | CIF | USD 2,399.92/MT | July 2026 |
| Thermoplastic Elastomer (TPE) | Germany | CIF | USD 2,346.92/MT | July 2026 |
| Thermoplastic Elastomer (TPE) | Canada | CIF | USD 2,409.92/MT | July 2026 |
Stay updated with the latest Thermoplastic Elastomer (TPE) prices, historical data, and tailored regional analysis
Asia
In China, the average Thermoplastic Elastomer (TPE) price was USD 2213/MT (FOB) in June. India recorded an average TPE price of USD 2301/MT (CIF) during June. Asian TPE markets began Q2 on a firm footing as elevated polypropylene and styrenic feedstock costs increased production expenses. However, conditions became more mixed as the quarter progressed. Styrenic TPE grades such as SEBS weakened toward June as raw-material support eased and end users resisted higher offers. Specialty TPV and TPC grades remained comparatively firm because producers implemented cost-recovery measures amid logistics and supply-chain disruption. Additional regional TPU production also improved availability, particularly for footwear, sports and cable applications. As a result, Asia shifted from broad early-quarter firmness toward a more differentiated market, with commodity styrenic grades softer while specialty engineered grades remained supported.
Europe
Germany saw an average June price of USD 2334/MT (CIF). European TPE markets remained firm through much of Q2 as elevated energy, petrochemical and transportation costs increased replacement expenses. Specialty TPV and TPC producers pursued upward adjustments to protect margins, while Middle East-related freight and raw-material disruptions reinforced the cost pressure. However, downstream demand remained uneven across automotive, construction and consumer applications. Buyers resisted aggressive inventory accumulation, particularly as feedstock conditions became less restrictive toward June. This prevented a broader market-wide surge and kept specialty grades firmer than more competitive standard formulations.
North America
In the USA, TPE averaged USD 2368/MT (CIF) in June. North American conditions remained comparatively firm as producers attempted to recover higher feedstock, freight and supply-chain costs. Automotive, industrial components and consumer applications provided steady demand, but purchasing remained disciplined. Improved raw-material availability later in the quarter reduced the urgency for further increases, while competition among compounders limited producers’ ability to sustain aggressive adjustments.
Analyst Insight
According to Procurement Resource, TPE prices are expected to remain broadly stable, with softer petrochemical inputs limiting gains while specialty-grade demand and ongoing logistics costs provide underlying support.
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Asia
In Asia, TPE prices strengthened during Q1’26, led by China. Higher styrene and butadiene costs pushed up production costs for styrenic TPE grades, while stronger polypropylene trade supported polymer sentiment. China’s Q1 industrial value added rose 6.1% year-on-year, and retail sales of clothes, shoes, hats, and textiles increased 9.3%, supporting TPE demand in footwear, flexible goods, and molded consumer products. India followed a firm trend due to steady demand from footwear, automotive components, packaging, and consumer goods. Higher freight costs after the Strait of Hormuz disruption raised landed costs for imported feedstocks and finished elastomers.
Europe
European TPE prices remained firm in Q1’26 as energy, logistics, and feedstock costs increased. Euro area industrial producer prices rose 3.4% month-on-month in March, while energy prices increased 11.1%, raising costs for compounding, extrusion, molding, and transport. However, downstream demand stayed cautious. Retail trade volume in the euro area declined 0.2% month-on-month in February, limiting buying from consumer goods, footwear, and packaging converters. Automotive demand provided some support, but buyers largely purchased against short-term requirements.
North America
North American TPE prices were mostly stable with mild firmness. Local feedstock availability reduced the impact of global naphtha volatility, but resin and rubber-plastic cost indicators rose toward March. Demand from automotive, packaging, medical goods, and molded parts remained steady. The region was less exposed than Asia and Europe, but freight uncertainty and higher crude-linked costs still supported cautious price increases.
Analyst Insight
According to Procurement Resource, in the near term, TPE prices may remain firm if crude-linked feedstocks and freight stay volatile. Stronger automotive and consumer goods demand could support further gains.
A class of materials known as thermoplastic elastomers (TPEs) combines the properties of ordinary thermoplastics with elastomers. TPEs, like thermoplastics, may be repeatedly melted and reformed, unlike typical elastomers. They have exceptional flexibility, robustness, and elasticity, much like rubber, but they don't need to be vulcanized.
TPEs are weatherable, have strong chemical resistance, and may be manufactured using conventional plastic molding procedures. These materials are used in consumer products, medical equipment, automobile components, and other industrial products where a compromise between rubber-like characteristics and ease of processing is necessary.
Metal Cleaning, Electroplating, Chiral synthesis, Textile production, Cosmetics, Wine production
Thermoplastic rubber (TPR), Thermoplastic polyurethane (TPU), Thermoplastic elastomer rubber (TPER), Elastoplastic
Advanced Elastomer Systems L.P., Arkema S.A., BASF SE, Bayer Material Science LLC, China Petroleum and Chemical Corporation, Dynasol Elastomers LLC, Evonik Industries, LCY Chemical Corporation, Nippon Polyurethane Industry Company Ltd
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
This process involves the copolymerization of monomers via block or graft polymerization. It produces long-chain of molecules with hard and soft segments in different layouts. Graft polymerization involves joining or grafting branches of one polymer chain to another.
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