Current models for pressure drop prediction of slug flow pneumatic conveying in a horizontal pipeline system assume some type of steady state conditions for prediction, which limits their capability for increased predictive accuracy relative to experimental data. This is partly because of the nature of slug flow pneumatic conveying system, which, as a dynamic system, never becomes stable. By utilising conservation of mass (airflow), a dynamic pressure analysis model is proposed on the basis of the derivative of the upstream pressure behaviour. The rate of air permeation through slug, one of the important factors in the conservation model, is expressed as a function of a slug permeability factor. Other factors such as slug velocity, slug length and the fraction of stationary layer were also considered. Several test materials were conveyed in single-slug tests to verify the proposed pressure drop model, showing good agreement between the model and experimental results.