In Q1 of 2025, Methenamine prices in Russia drop by 1.06%, driven by a combination of factors. A slight reduction in demand from the pharmaceutical sector contributes to the price decrease, while the availability of cheaper logistics and raw materials further helps lower production costs. These improvements enable a reduction in the minimum efficiency scale (MES) for Methenamine production in the region, allowing for more cost-effective manufacturing. This overall reduction in production costs plays a key role in the price decline observed in Q1.
In the first half of 2024, Methenamine prices remained stable due to a combination of factors that ensured equilibrium in both supply and demand. Raw material costs, particularly for formaldehyde, remained consistent, as global supply chains continued to recover from previous disruptions. Demand in the pharmaceutical sector, particularly for urinary tract infection treatments, remained steady, while industrial applications, including disinfectants, showed no major fluctuations. Moreover, production efficiency improvements and stable energy prices helped keep manufacturing costs predictable. These factors combined to maintain stable prices throughout the period.
In Q4 of 2024, Methenamine prices in Russia increased further by 9.86% compared to Q3, driven by a combination of factors. Continued strong demand from the pharmaceutical and industrial sectors, particularly in emerging markets, puts upward pressure on prices, alongside high logistics and operational costs. Additionally, seasonal fluctuations in raw material costs and potential disruptions in supply chains—stemming from geopolitical factors or logistical challenges have exacerbated price increases.
In Q3 of 2024, Methenamine prices rose by 8.80% in Russia, driven largely by increased demand from the pharmaceutical and industrial sectors. Simultaneously, the APAC region saw a significant price uptrend, fuelled by strong demand across pharmaceuticals, agriculture, and textiles. Regulatory reforms aimed at improving drug manufacturing processes boosted market sentiment, fostering collaborations between local and international companies. These efforts enhanced production efficiency, contributing to the overall price surge in both Russia and the APAC market.
In Q2, The 2.42% rebound in Methenamine prices in Russia was driven by ongoing political unrest, which has now become a persistent issue, disrupting both production and supply chains. Rising logistics costs further contributed to the price increase. As the APAC region remains a major importer of Methenamine, the price hike in Russia exerted upward pressure on prices across the region, influencing market conditions and increasing costs for buyers in key countries.
In Q1, Methenamine prices in Russia fell by 2.85% due to global political unrest and supply disruptions in the Middle East. These disruptions initially created raw material shortages, but as supply chains stabilized and demand weakened in certain sectors, prices dropped. This trend also led to a decrease in Methenamine prices across the APAC region, where supply conditions improved, and competition increased.
In Q1 of 2025, Methenamine prices in India rose by 0.81%, despite a decrease in prices in Russia. This price increase was primarily driven by the depreciation of the Indian Rupee, which raised the import costs of Methenamine. As the cost of importing the chemical from Russia increased due to currency fluctuations, Indian buyers faced higher prices. This shift highlights the significant impact of currency movements on the cost structure, even when the global prices of Methenamine experience a decline.
In the first half of 2024, Methenamine prices remained stable due to a combination of factors that ensured equilibrium in both supply and demand. Raw material costs, particularly for formaldehyde, remained consistent, as global supply chains continued to recover from previous disruptions. Demand in the pharmaceutical sector, particularly for urinary tract infection treatments, remained steady, while industrial applications, including disinfectants, showed no major fluctuations. Moreover, production efficiency improvements and stable energy prices helped keep manufacturing costs predictable. These factors combined to maintain stable prices throughout the period.
In Q4 of 2024, Methenamine prices increased by 5.67% compared to Q3, driven by a combination of factors. Continued strong demand from the pharmaceutical and industrial sectors, along with high logistics and operational costs, puts upward pressure on prices in Russia. This price increase in Russia directly affects importing countries like India, where rising costs are passed on to buyers. The persistent demand and logistical challenges in Russia contribute to the ongoing upward price trend across the region, further influencing the global Methenamine market.
In Q3 of 2024, Methenamine prices in India rose by 12.89%, primarily driven by increased demand from the pharmaceutical and industrial sectors, coupled with a short supply of the chemical. A significant factor in this price surge was the high freight costs from Russia to India, which further strained the supply chain. Russia, as a key supplier of Methenamine to India, experienced production disruptions and logistical challenges, exacerbating the situation. This combination of higher demand and costly freight from Russia significantly impacted prices in India, creating upward pressure on the market.
In Q2, Methenamine prices in India rose by 4.05%, largely due to ongoing political unrest that has disrupted production and supply chains. The increase in logistics costs further fueled the price surge. As India remains a key importer of Methenamine, the price hikes in Russia added upward pressure on regional prices, influencing market dynamics. This, in turn, led to higher costs for buyers in important markets across the region. The combined impact of geopolitical instability, rising transportation costs, and global price trends contributed to the overall price increase.
In Q1 of 2025, Methenamine prices in India rose by 6.20%, primarily driven by global political unrest and supply disruptions. These factors, coupled with increased freight charges from Russia to India, initially led to a shortage of Methenamine. The combination of supply constraints and higher transportation costs pushed prices up. However, as supply chains gradually stabilized and demand in certain sectors weakened, the price surge began to ease. This shift in market dynamics led to a gradual decrease in Methenamine prices as the supply-demand balance began to normalize.
Formaldehyde (HCHO) and Ammonia (NH3)
Russia
India
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These events underscore the Methenamine market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
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Methenamine (also known as hexamine, C₆H₁₂N₄) is a heterocyclic organic compound used in disinfectants, plastics, and pharmaceuticals. It is primarily synthesized from Formaldehyde and Ammonia, both derived from petrochemical feedstocks. Methenamine is valued for its antimicrobial properties and is used in urinary tract infection treatments, as well as in the production of resin adhesives.
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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.
Tests | Specifications |
Appearance | White powder to crystal |
Purity (GC) | min. 99.0 % |
Purity (Nonaqueous Titration) | min. 99.0 % |
Solubility in Water | almost transparency |
Applications
Methenamine (hexamine) is a highly versatile compound with multiple industrial and commercial applications. In the pharmaceutical sector, it is used to treat urinary tract infections (UTIs) by releasing formaldehyde in the urine, which has bactericidal effects. Methenamine is also a key component in the production of phenolic resins, where it acts as a hardener and cross-linking agent for molded parts, adhesives, and coatings. In the textile industry, it helps create wrinkle-resistant fabrics through durable press finishes. Its antimicrobial properties make it useful as a preservative in disinfectants and cleaning products. Methenamine is also used in explosives manufacturing and as a fuel source in solid fuel tablets, commonly employed by the military and outdoor enthusiasts. Additionally, it plays a role in chemical synthesis for producing polymers, agrochemicals, and fungicides.
The pricing of Methenamine is influenced by various factors, including the cost of raw materials like formaldehyde and ammonia, which are essential for its production. Fluctuations in the prices of these chemicals, often driven by supply chain disruptions or shifts in global demand, can significantly affect Methenamine prices. Additionally, manufacturing costs, including energy and labor expenses, play a role in determining final pricing. Increased demand in industries such as pharmaceuticals, chemicals, and textiles can also drive-up prices, especially when supply is limited. Geopolitical factors, trade policies, and tariffs in key production countries can further impact the pricing structure, as can the grade or purity of Methenamine required for specific applications, such as pharmaceutical use. Understanding these market dynamics is essential for procurement heads when assessing the true cost of Methenamine in the global market.
Procurement heads can employ several strategies to negotiate the best pricing for Methenamine. First, purchasing in bulk often provides leverage for securing volume discounts, particularly if long-term agreements with suppliers are established. Building strong relationships with key suppliers can also facilitate better pricing and favorable payment terms. Keeping abreast of global supply chain trends and understanding the fluctuating demand for Methenamine across industries allows procurement teams to time their purchases strategically, capitalizing on lower prices. Additionally, negotiating flexible pricing models, such as price caps or price adjustments based on market conditions, helps mitigate the impact of unforeseen price hikes. Lastly, entering long-term contracts with suppliers can offer price stability over extended periods, reducing the risk of sudden price fluctuations and ensuring a more predictable supply chain.
When evaluating Methenamine suppliers, quality should always be a top priority in addition to price. The purity and grade of Methenamine are crucial, particularly for high-demand applications in pharmaceuticals, medical devices, or specialty chemicals. Suppliers should provide certification of product purity and meet the necessary regulatory standards, such as GMP (Good Manufacturing Practices) for pharmaceutical-grade Methenamine. Consistency and reliability are also vital. Suppliers must be able to deliver the same high-quality product consistently to avoid production delays or product failure. Additionally, procurement teams should ensure that suppliers adhere to relevant testing and compliance standards, such as ISO certifications, and provide proper packaging and storage conditions to maintain product integrity during transit. While price is important, selecting a reliable supplier who ensures timely delivery and maintains quality standards can provide the best long-term value.
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