Menu
Menu
China
Philippines
Indonesia
India
United StatesPrices continued their downward trend in Q1 2025, falling by 2.38% to USD 1725/MT. This drop was driven by prolonged holiday-related factory closures and delayed order placements across downstream sectors, especially in fine chemicals and flavor manufacturing. Additionally, logistical challenges around the Lunar New Year further dampened market activity. Though feedstock prices remained mostly unchanged, a lack of immediate demand and healthy inventory levels at the start of the year kept the market under pressure, leading to another soft quarter for Benzaldehyde pricing in China.
In Q4 2024, Benzaldehyde prices dipped by 2.32%, settling at USD 1767/MT. The decline was attributed to seasonal demand weakening toward the end of the year, as buyers scaled back procurement in anticipation of the upcoming Lunar New Year and year-end inventory closures. At the same time, improved production rates and stabilized feedstock prices helped ease the supply pressure that had built up in Q3. While export activity remained decent, the overall sentiment turned slightly bearish due to expectations of reduced industrial output and buyer conservatism during the holiday period.
In Q3 2024, Benzaldehyde prices surged by 18.62%, reaching USD 1809/MT—marking the sharpest quarterly gain in the period. This significant rise was fueled by a spike in demand from the agrochemical industry ahead of the sowing season, alongside increased export activity to South Asia and Latin America. Additionally, supply disruptions caused by environmental inspections and reduced production rates in eastern China tightened market availability. Rising costs of feedstock toluene and energy inputs further contributed to the price rally.
In Q2 2024, Benzaldehyde prices increased by approximately 3.18% from Q1 2024 to USD 1525/MT, driven by a seasonal recovery in demand across downstream sectors, particularly in fragrances, personal care products, and pesticides. Manufacturers resumed production post-holidays and began restocking in anticipation of peak seasonal consumption. Slight tightening in regional supply due to scheduled maintenance at a few domestic plants also supported a firm pricing environment.
In Q1 2024, Benzaldehyde prices saw a slight decline of 1.20% from the previous quarter, settling at USD 1478/MT. The price dip was attributed to reduced industrial activity around the Lunar New Year holiday period, leading to softer domestic consumption and deferred procurement. Additionally, inventory levels remained sufficient due to low off-take in January and February. While upstream costs were stable, muted buying interest and weaker export orders added downward pressure on prices.
Benzaldehyde prices corrected downward in Q1 2025, with India Ex prices falling by 9.24% to USD 2039.62/MT, and India CIF prices settling at USD 1806.85/MT, reflecting a 2.26% decline. The price drop was primarily attributed to a post-peak correction following strong rallies in previous quarters. Additionally, industrial activity slowed due to the financial year-end, Holi festivities, and the national election period, leading to reduced operating rates in key consuming industries. Improved availability of feedstock toluene and normalization of global freight rates also contributed to the bearish sentiment.
In Q4 2024, prices continued to rise for Ex-Works but corrected slightly for imports, with India Ex prices climbing 8.41% to USD 2247.23/MT, while CIF prices dipped by 1.11% to USD 1848.69/MT. The divergence reflected a decoupling of local and international dynamics. While domestic producers were still catching up on backlogged orders from Q3 and catering to strong seasonal demand from the aroma chemical industry, improved global supply chains and easing feedstock prices helped stabilize international values. A wave of imported material arrived towards the end of the quarter, alleviating pressure on CIF prices. However, inland logistics bottlenecks and localized shortages in certain regions kept domestic prices elevated despite the softening import cost.
Q3 2024 marked a period of significant price escalation, with India Ex prices surging by 23.99% to USD 2072.85/MT and CIF prices jumping by 17.74% to USD 1869.46/MT. This sharp rally was triggered by a combination of tight supply and robust demand across sectors such as pharmaceuticals, aromas, and specialty chemicals. Several domestic producers faced reduced output due to monsoon-related operational challenges and planned maintenance. Concurrently, global toluene prices spiked, increasing raw material costs for Benzaldehyde. Importers also encountered delays in shipments due to regional port congestion and container shortages, pushing CIF prices upward.
In Q2 2024, Benzaldehyde prices continued to climb, with India Ex prices rising by 2.71% to USD 1671.77/MT and India CIF prices increasing by 3.49% to USD 1587.77/MT. The gains were primarily driven by rising demand from the agrochemical and fragrance industries ahead of the monsoon season, a period typically marked by heightened pesticide and aroma chemical production. Additionally, a slight tightening of global availability and rising toluene feedstock prices contributed to firmer import values. Logistics efficiency and stable domestic production helped avoid sharp supply constraints, though increased input costs placed upward pressure on price benchmarks.
Benzaldehyde prices in Q1 2024 showed a slight upward trend, with India Ex prices rising by 1.04% to USD 1627.62/MT and India CIF prices increasing by 1.06% to USD 1534.15/MT. This marginal increase was driven by post-holiday restocking by downstream sectors such as flavors and dyes, as operations resumed gradually after the New Year and Republic Day breaks. Despite low industrial activity during the Chinese New Year, stable feedstock costs and smooth port operations in India helped maintain consistent supply. The slight price uptick also reflected a minor rise in international demand, which supported CIF values, though buyers remained cautious amid soft global economic signals.
PriceWatch is your trusted resource for tracking global benzaldehyde price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the benzaldehyde market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.
In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence benzaldehyde prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely benzaldehyde market data.
Track PriceWatch's benzaldehyde price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.
These events underscore the Benzaldehyde market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Benzaldehyde pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Benzaldehyde, a key aromatic compound with a characteristic almond-like scent, is derived from toluene, a hydrocarbon extracted from petroleum. This versatile liquid finds widespread applications in the food and fragrance industries, adding the essence of almond to various products.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
| Property | Specification |
| Purity (%) | 99 min. |
| Colour (Hazen) | ≤50≤50
|
| Acidity (%) | ≤1≤1
|
| Specific Gravity (20
℃, ℃, kg/m3) |
1.044 – 1.049 |
| Boiling point (
℃℃ ) |
179 |
| Freezing point (
℃℃ ) |
-26 |
Applications
Benzaldehyde is a versatile aromatic aldehyde widely used in various industrial applications due to its distinctive properties. Primarily, it serves as a key intermediate in the production of numerous chemicals, including pharmaceuticals, fragrances, and flavouring agents. In the fragrance industry, Benzaldehyde is valued for its almond-like scent and is commonly used in perfumes and personal care products. It also plays a significant role in the synthesis of agrochemicals, particularly in herbicides and pesticides, enhancing crop protection. Additionally, Benzaldehyde is utilized in the manufacturing of plastics and resins, where it acts as a solvent and chemical building block. Its applications extend to the production of dyes and pigments, contributing to the coloration of textiles and coatings. Overall, Benzaldehyde’s diverse industrial applications make it an essential compound in various sectors, including chemicals, agriculture, and consumer goods.
Benzaldehyde pricing is influenced by several key factors, including the cost of raw materials such as toluene and benzene, which are essential for its production. Fluctuations in crude oil prices can also impact these feedstock costs. Additionally, demand from various end-use industries, including fragrances, pharmaceuticals, and agrochemicals, plays a significant role in price dynamics. Supply chain disruptions, transportation costs, and changes in environmental regulations further contribute to pricing volatility. Procurement heads should continuously monitor these factors to make informed purchasing decisions.
Feedstock availability, particularly the supply of toluene and benzene, is crucial for determining Benzaldehyde prices. Any shortages or disruptions in the production of these feedstocks—due to factors such as natural disasters, political instability, or changes in production capacity—can lead to increased prices for Benzaldehyde. Conversely, improvements in feedstock production efficiency or an oversupply can cause prices to decrease. It is vital for procurement teams to track feedstock markets to anticipate price movements and manage costs effectively.
Benzaldehyde prices can vary significantly by region, primarily due to differences in feedstock availability, production capacities, and local demand conditions. For instance, regions with robust petrochemical industries, such as Asia and North America, often see competitive pricing due to higher production capacities and lower transportation costs. In contrast, regions with limited production facilities may experience higher prices. Procurement teams should analyse regional pricing trends to optimize sourcing strategies, considering factors such as transportation logistics and potential partnerships with local suppliers to achieve cost efficiencies.
Copyright 2025. All rights reserved. Nidhyana Price Watch Data Analytics Private Limited