c10 solvent Pricing Assessment

Markets Covered:

Korea

India

Indonesia

C10 Solvent Price Trend, Analysis and Forecast

As of August 2024, C10 Solvent prices are averaging $860 per metric ton FOB South Korea, marking a decrease from the previous month. This price dip comes after disruptions in regional supply during Q2 2024, where key production hubs in South Korea and India faced maintenance shutdowns. Additionally, rising geopolitical tensions in the Middle East have put pressure on the supply of crucial feedstocks, especially naphtha and other hydrocarbons, exacerbating logistical challenges and impacting production costs across the region.

In 2024, the C10 solvent market is seeing fluctuating prices, influenced largely by supply chain disruptions and regional demand factors. In South Korea, the market remains stable with steady demand from industries like paints, coatings, and adhesives, bolstered by a 2% YoY recovery in the construction sector. However, challenges in exporting to China and other regional markets have put downward pressure on prices. In India, a 5% price increase quarter-on-quarter reflects strong demand, particularly from the automotive and pharmaceutical sectors, along with rising import reliance due to lower domestic naphtha availability. Meanwhile, Indonesia has seen steady growth in demand, especially in the industrial and cleaning sectors, though the market remains slightly more expensive due to high reliance on imports.

The supply chain remains tight as of Q3 2024, with delays in feedstock availability and ongoing logistical issues in South Korea and India. As a result, production costs have risen, despite increased demand from the automotive industries in both countries.

Looking into Q4 2024, prices are expected to stabilize with a possible 2-3% reduction due to the anticipated increase in regional production capacities. New plants coming online in India and South Korea should help ease supply bottlenecks. However, the ongoing geopolitical instability in the Middle East, coupled with fluctuating crude oil prices, will likely continue to drive short-term price volatility. These dynamics, combined with moderate growth in key sectors like automotive and construction, should sustain demand, while challenges in other sectors, such as electronics, could create downward pressure.

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is your trusted resource for tracking global c10 solvent price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the c10 solvent market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

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Track 's c10 solvent 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.

Historically, several events have caused significant fluctuations in c10 solvent prices

Geopolitical Events (2019-Present): Trade tensions and geopolitical instability have contributed to periodic price spikes in C10 solvent, especially in South Korea and Southeast Asia.

COVID-19 Pandemic (2020): The pandemic led to initial supply disruptions and a significant drop in demand, followed by a strong recovery as the industrial sector rebounded in late 2021 and 2022.

Oil Price Shocks (2022): The surge in oil prices, driven by supply chain disruptions and the conflict in Ukraine, resulted in higher production costs for C10 solvent.

Future Projections:

India: Projected to see moderate price increases in 2024, with prices possibly rising by 3-4% by year-end due to increased demand from industrial and pharmaceutical sectors.

South Korea: Price fluctuations expected to continue into 2025, with the market stabilizing towards the end of 2024.

Indonesia: Stable pricing expected, though fluctuations in exchange rates may add volatility to import costs.

Methodology and Specifications

c10 solvent Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major ethylene production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire ethylene supply chain, from raw material availability (e.g., naphtha, ethane) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact ethylene prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on C10 Solvent production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in C10 Solvent demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global C10 Solvent production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming C10 Solvent production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global C10 Solvent pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast ethylene prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable C10 Solvent pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

CAS No

64742-94-5

HS Code

27075000

Molecular Formula

c10 solvent

C10 solvent is a high boiling point (181-205 °C) aromatic hydrocarbon solvent used mainly in paints and coatings, printing inks, and the agrochemical industry. It has a flash point and evaporation rate higher than that of Xylene and therefore imparts better flow and film formation making it useful in the paint and coatings industry. It also has no ethyl-benzene content and is therefore desired for environmentally friendly agrochemical and pesticide formulations.

Packaging Type

Drums ISO Tank

Grades Covered

Aromatic Wt% ≥ 99%

Incoterms Used

FOB South Korea, CIF Mumbai, CIF Jakarta

Synonym

C10 Hydrocarbon Solvent

Quotation Terms:

20-25 MT per shipment

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

Colour

Colourless

Odour

Mildly aromatic

Appearance

Bright and Clear

Boiling point

181-205° C

Density

0.89 – 0.905 g/cm3

Specific Gravity

0.855

Flash Point

55° C (CC)

Flammability

Flammable

Applications

C10 solvent is primarily used as a solvent in paints and coatings, adhesives, cleaning agents, and in the automotive and pharmaceutical industries. It is also employed in chemical synthesis and as a hydrocarbon solvent in various industrial applications.

Disclaimer

C10 Solvent price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for c10 solvent. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What are the key factors affecting C10 Solvent prices in the market? +

The pricing of C10 Solvent is mainly influenced by factors such as raw material costs (like refined petroleum and other hydrocarbons), fluctuations in supply and demand, and the overall health of industries that utilize C10 solvent, including paints, coatings, cleaning agents, and industrial applications. Additionally, geopolitical events, crude oil prices, and regulatory changes in environmental standards can significantly impact pricing dynamics. The demand for C10 solvent in high-growth regions also plays a role in driving prices.

How does regional production impact C10 solvent pricing? +

Regional production directly impacts C10 solvent pricing. Regions with local production, such as parts of Asia-Pacific and the Middle East, can offer more competitive prices due to lower transportation costs and better access to raw materials. In contrast, regions like North America and Europe, which often rely on imports or face higher regulatory costs, may see higher prices due to additional shipping fees, import taxes, and more stringent environmental regulations that affect manufacturing processes.

What is the latest trend in C10 solvent pricing, and how can I secure better rates? +

C10 solvent pricing is currently experiencing upward pressure due to increased demand in key industries such as paints and coatings, alongside rising raw material and energy costs. To secure better rates, companies can negotiate long-term supply contracts, explore alternative suppliers to reduce dependency on a single source, and capitalize on bulk purchasing discounts. Staying informed on global price movements and energy trends can also help businesses lock in more favorable pricing before costs escalate further.