Q1 2025 saw a sharp price decline across both Shanghai and Tokyo, with a dramatic 12.98% drop in Shanghai and 8.40% in Tokyo. This substantial decrease is largely attributed to low seasonal demand for refrigerants and blowing agents during the winter months. In addition to the seasonal slowdown, lower industrial activity in China and Japan, combined with uncertainty in global supply chains, contributed to the sharp price corrections. Furthermore, feedstock price volatility due to fluctuations in crude oil prices also added pressure to the market, driving prices down.
The Q4 2024 saw a sharp price decline across both markets, with prices falling by 3.25% in Shanghai and 3.85% in Tokyo. This drop was primarily driven by lower demand for refrigerants and blowing agents as the winter season took hold. Additionally, both markets were influenced by reduced large orders, especially from China, and stable but constrained supply conditions. As a result, prices softened as industries slowed down, reducing the need for Cyclopentane in production processes. The economic slowdown also contributed to lower-than-expected industrial activity during the holiday season.
In Q3 2024, prices in both Shanghai and Tokyo remained relatively stable, with minor increases of 0.57% and 0.59%, respectively. These increases were driven by the continued steady demand for Cyclopentane in applications such as refrigerants and blowing agents. The Shanghai market saw slightly stronger demand for refrigerants in the industrial sector as temperatures rose. Meanwhile, in Tokyo, price movements were still influenced by moderate demand from the foam industry and refrigerant use, but there was no significant shift in the market to push prices much higher.
Q2 2024 saw diverging price movements across the two regions. In Shanghai, Cyclopentane prices surged by 10.2%, reflecting increased demand for refrigerants and blowing agents, driven by the approach of the warmer months. The demand uptick was particularly strong in China, where seasonal cooling needs led to higher consumption. On the other hand, Tokyo prices saw a slight decline of 1.73%, as demand remained relatively stable but subdued in Japan due to the off-season for refrigeration and the ongoing effects of economic conditions in the region. This disparity reflects the seasonal impact of climate and regional consumption trends.
In Q1 2024, Cyclopentane prices exhibited a modest decline in both Shanghai and Tokyo. Prices in Shanghai dropped by 1.25%, while in Tokyo, the decline was slightly steeper at 1.71%. The drop was largely attributed to seasonal demand weaknesses, particularly in the refrigeration sector and blowing agents, which faced a natural dip during the winter months. Additionally, feedstock supply disruptions and volatile crude oil prices created a slightly unstable environment, pushing prices down despite some regional variances in demand.
Cyclopentane prices at CIF Nhava Sheva (India) began Q1 2025 with a strong rebound in January to INR 153,000/ton, up 4.49% from December. However, this recovery was short-lived as prices dropped to INR 142,000/ton by March, ending the quarter with a sharp overall decline of 7.42%. The initial price rise may have been driven by restocking activities or supply-side constraints, but demand failed to hold up. A combination of continued weakness in the refrigeration sector, excess inventories, and a softening global outlook pulled prices down sharply by quarter-end.
In Q4 2024, Cyclopentane prices fell again, sliding from INR 152,000/ton in October to INR 147,000/ton in December, marking a decline of 3.27%. This drop mirrored seasonal demand weakness, particularly in China, Japan, and other key export markets, as the winter months reduced refrigerant needs. In addition, lower buyer activity and fewer industrial orders further dampened prices. Feedstock cost relief from lower crude oil prices also allowed manufacturers to adjust prices downward without squeezing margins.
During Q3 2024, prices remained mostly stable, with only slight fluctuations. Cyclopentane moved from INR 152,000/ton in July to INR 152,000/ton in September, indicating a quarterly gain of just 0.46%. This stability was a result of balanced market conditions, where demand, especially from refrigerant and foam industries, matched available supply. However, there was no strong price momentum, as macroeconomic uncertainty and steady production kept the market from shifting dramatically. The consistent prices also reflected a plateau following the moderate Q2 increase.
In Q2 2024, Cyclopentane prices rebounded slightly, rising from INR 150,000/ton in April to INR 151,000/ton in June, registering a quarterly increase of 1.13%. This moderate recovery was driven by increased demand from the refrigeration industry as temperatures rose across key markets. At the same time, supply remained tight, keeping price levels stable to slightly elevated. Feedstock availability showed modest improvement, and as the market entered a more active period, prices stabilized amid better supply-demand alignment.
Cyclopentane prices in Q1 2024 followed a downward trend, dropping from INR 151,000/ton in January to INR 148,000/ton in March — a total decline of 2.04% over the quarter. This decline was influenced by lower end-user demand, particularly from the refrigeration sector, which typically sees reduced activity in the winter months. Additionally, fewer bulk orders from Japan and stable but low feedstock availability, due to volatile crude oil pricing, added to the downward pressure. The subdued seasonal demand for blowing agents also contributed to the softening of market sentiment.
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These events underscore the Cyclopentane 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 cyclopentane 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
Cyclopentane has various industrial uses due to its distinctive properties. It is used as an eco-friendly refrigerant in cooling systems, replacing harmful ozone-depleting substances. It also acts as a blowing agent in foam production for insulation materials. As a solvent, it is employed in chemical synthesis, particularly for nonpolar compounds.
Packaging Type
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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 |
Boiling Point |
49°C – 50°C |
Vapor Density | 2.42g/L |
Specific Gravity (At 20°C) | 0.745 |
Vapor Density | 2.42g/L |
Viscosity (At 20°C) | 0.44 cP |
Range of flammability | 1.4-9.4 |
Vapor pressure (At 18.5℃) | 53.32kPa |
Melting Point | -94.40C |
Applications
Refrigerants, Blowing agents etc.
The pricing of Cyclopentane is influenced by several factors, including raw material costs such as crude oil, hydrocarbon fluctuations in supply and demand within industries like paints, coatings, and adhesives, as well as external elements like geopolitical events, trade tariffs, and energy prices. These factors combine to create variability in pricing depending on global economic conditions.
Regional production plays a significant role in Cyclopentane pricing. Regions with high production, like Asia-Pacific, tend to have more competitive pricing due to local availability, whereas regions that rely on imports, such as North America and Europe, often face higher costs due to transportation fees, import duties, and potential supply chain disruptions.
The latest pricing trends for Cyclopentane often reflect fluctuations in the cost of raw materials and changes in global supply chains. To secure better rates, procurement heads can consider locking in long-term contracts with suppliers, monitoring global price trends and indices, and optimizing bulk purchasing strategies to take advantage of volume discounts.
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