n-hexane Pricing Assessment

Markets Covered:

China

India

Vietnam

Argentina

N-Hexane Price Trend, Analysis and Forecast

As of August 2024, n-hexane prices in China reached USD 1,335 per metric ton, reflecting a slight Decrease of 2.20% from July’s price of USD 1,365. In Q2 2024, the average price was USD 1,430, which marked a significant decrease of 32.10% from Q1’s average of USD 2,106.

During Q3 2024, price stability was influenced by ongoing supply chain disruptions and fluctuations in demand across key industries. The decrease from Q1 to Q2 had been driven by reduced feedstock availability and maintenance activities at several production facilities. However, demand for n-hexane remained resilient, particularly in pharmaceuticals and chemicals, where it was essential as a solvent.

Looking ahead, Q3 is expected to face continued price pressures due to rising feedstock costs and persistent supply chain challenges. The market will closely monitor these dynamics, as increased operational costs could influence future pricing. Despite this, a growing focus on sustainable manufacturing practices is likely to bolster n-hexane’s position, supporting demand amidst these challenges.

In the longer term, planned production capacity expansions in regions like Asia may help stabilize prices by early 2025. However, stakeholders will need to prepare for continued volatility through 2030 due to geopolitical factors and evolving market demands, necessitating strategic navigation of pricing strategies and investments.

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

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence n-hexane prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely n-hexane market data.

Track 's n-hexane 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 n-hexane prices

Russia-Ukraine Conflict (2022-Present): This ongoing conflict has severely disrupted production and supply chains across Europe, particularly affecting countries like Germany and the Netherlands. The war has led to increased costs and heightened global price volatility for n-hexane.

Israel-Hamas Conflict (2023-Present): The ongoing escalation in the Israel-Hamas conflict has become a critical factor impacting global crude oil prices, particularly from October to December. The unrest has introduced significant uncertainty in Middle Eastern supply chains, causing sharp fluctuations in oil prices. These changes directly influence the pricing of n-hexane, as disruptions in this region affect supply routes and contribute to increased volatility in markets worldwide.

Global Energy Price Volatility (2021-2022): Fluctuations in crude oil and natural gas prices, especially in the U.S. and Europe, directly affected the production costs of n-hexane, resulting in periodic price adjustments across various markets.

COVID-19 Pandemic (2020): The pandemic initially caused a sharp decline in demand; however, as economies reopened, demand surged in sectors such as automotive and chemicals, significantly impacting n-hexane prices in countries like India and Indonesia.

Environmental Regulations and Protests (2019-Present): Stricter environmental regulations in countries such as India and Japan, along with protests against industrial pollution, have affected production capabilities and increased compliance costs, contributing to price increases for n-hexane.

Geopolitical Tensions and Trade Wars (2018-2019): Trade tensions, particularly between major economies, introduced uncertainty in global supply chains, affecting the import and export dynamics for n-hexane and contributing to price instability in various markets.

China’s Economic Slowdown (2015-2019): This slowdown primarily affected China but also impacted global supply chains and influenced demand patterns for n-hexane in regions like Japan and Indonesia, contributing to price fluctuations.

These events underscore the n-hexane market’s vulnerability to global disruptions, particularly highlighting the Israel-Hamas conflict’s role in driving crude oil prices. Continuous monitoring of supply-demand dynamics across the covered countries remains essential.

Methodology and Specifications

n-hexane Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from global commodity exchanges, industry reports, and proprietary databases, ensuring our assessments reflect the most current market conditions for n-hexane.

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

Supply Chain Monitoring: We track the entire n-hexane supply chain, from raw material availability 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, that can significantly impact n-hexane prices. Our analysis considers 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 on n-hexane production facilities, particularly in vulnerable regions. 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 and chemicals), to predict shifts in n-hexane demand and corresponding price movements.

Production Capacity and Supply Analysis

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

Future Capacity Projections: Our research includes forecasts of upcoming n-hexane production capacities, factoring in new plant constructions and technological advancements, helping to predict future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including automotive and pharmaceuticals. 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 n-hexane pricing, including shifts in manufacturing bases and trade policies.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast n-hexane 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, helping clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support, ensuring clients 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 n-hexane pricing assessments, helping clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

86.17 g/mol

CAS No

110-54-3

HS Code

Molecular Formula

C6H14

n-hexane

n-Hexane is a colourless, volatile solvent widely used in industrial and laboratory applications. Known for its ability to dissolve oils, fats, and resins, it is commonly used in the extraction of vegetable oils, manufacturing of adhesives, coatings, and paints. n-Hexane is also employed in the production of rubber and in the cleaning of electronic components. With its low boiling point and fast evaporation rate, n-Hexane is favoured for processes requiring quick drying or degreasing. Its versatility makes it a vital chemical in various sectors.

Packaging Type

Drums

Grades Covered

Industrial Grade (>99%)

Incoterms Used

FOB Shanghai China, CIF Nhava Sheva _China, CIF Haiphong _China, CIF Buenos Aires _China

Synonym

1-Hexanol, Amyl Carbinol, 1-Hydroxyhexane, and Hexyl alcohol

Quotation Terms:

20-25 MT, 10 - 15MT (India)

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.

Parameters	Values	Unit
Appearance	Clear
Content	99min	%
Density@ 20℃	659	Kg/m^3
Benzene	0.01 max	%

Applications

n-Hexane is a versatile compound with diverse applications across various industries. It serves as a key solvent in the extraction of edible oils, playing an essential role in the food industry. Additionally, n-hexane is widely used in the formulation of adhesives, sealants, and coatings, where it enhances product performance and drying times. In the automotive sector, n-hexane is utilized in the production of lightweight composite materials and in the manufacturing of various components, contributing to improved fuel efficiency and reduced emissions, thus supporting sustainability initiatives. The chemical industry also relies on n-hexane as a feedstock for producing solvents and chemicals, facilitating the formulation of paints, varnishes, and industrial cleaners. Moreover, n-hexane plays a crucial role in the pharmaceutical sector, where it is used as a solvent in drug formulation processes, aiding in the extraction and purification of active ingredients. In the laboratory setting, it is employed in various analytical techniques and as a solvent for chemical reactions. With the increasing demand for sustainable products, n-hexane is being explored for use in developing environmentally friendly alternatives, underscoring its importance in both industrial and consumer markets.

Disclaimer

N-Hexane 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 n-hexane. 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 factors influence the pricing of n-hexane? +

The pricing is influenced by raw material costs, supply and demand dynamics, production capacity, global market trends, seasonal variations, geopolitical events, regulatory changes, and fluctuations in crude oil prices.

How can we ensure consistent quality and pricing when sourcing n-hexane? +

Establish strong relationships with reliable suppliers, consider long-term contracts, implement rigorous quality control measures, conduct regular audits, and diversify the supplier base to mitigate risks.

What are the market trends affecting the future pricing of n-hexane? +

Key trends include increasing demand for eco-friendly solvents, advancements in extraction technologies, shifts towards sustainable sourcing, the rise of alternative solvents, geopolitical tensions, and environmental regulations.