China
India
Vietnam
ArgentinaAccording to PriceWatch, n-hexane prices in China on an FOB Shanghai basis averaged USD 1,282 per metric ton in Q2 2025. This marked a 7.01% increase from the previous quarter. This rising price trend was supported by steady demand from the edible oil extraction and pharmaceutical manufacturing sectors. Additionally, stable yet firm crude oil feedstock costs contributed to the upward pressure on prices.
According to PriceWatch, n-hexane prices in China on an FOB Shanghai basis averaged USD 1,282 per metric ton in Q2 2025, marking a 7.01% increase from the previous quarter. This rising price trend was underpinned by steady demand in edible oil extraction and pharmaceutical manufacturing, along with stable but firm crude oil feedstock costs. The price trend for n-hexane showed gradual strengthening across the quarter, largely due to localized supply constraints caused by periodic port congestion and ongoing environmental compliance requirements.
The price trend for the global market depicted a limited but steady rise, reflecting that traders adopted a wait-and-watch approach while balancing inventory needs and uncertain raw material costs. Overall, the global n-hexane market remained robust, buoyed by healthy downstream activity and exporter efforts to maintain disciplined supply flows amidst a shifting global demand pattern.
In Q1 2025, n-hexane prices in China declined to $1198/MT, marking a 0.84% increase from the previous quarter. This price increase was primarily driven by the establishment of a supply-demand equilibrium. As supply chains continued to stabilize and demand moderated, the market found a more balanced footing.
The equilibrium between supply and demand allowed for a more predictable pricing environment, with fewer disruptions and volatility. This steady trend suggested that the market was in a phase of stability, with prices likely to maintain a more consistent trajectory moving forward. This price change impacted importing countries like India, Vietnam and Argentina.
In Q4 2024, n-Hexane prices in China fell to $1188/MT, marking a 6.8% decrease from the previous quarter. This continued price decrease underscored the final stages of the market’s stabilization, following sharp fluctuations earlier in 2023 and 2024. The continued price adjustment suggested that the market was stabilizing into more predictable patterns as supply chains fully recovered and demand became more balanced.
With fewer geopolitical disruptions and a steadying of global economic conditions, the market appeared to be returning to equilibrium, suggesting a more stable and sustainable pricing environment for the foreseeable future. This price change impacted importing countries like India, Vietnam and Argentina.
In Q3 2024, n-Hexane prices in China declined to $1275/MT, representing an 8.9% drop compared to the previous quarter. This price decreases signaled continued market stabilization after the significant fluctuations driven by geopolitical factors in late 2023. The downward adjustment reflected a calming of market volatility, as supply chains further recovered, and demand normalized.
As prices moved toward more balanced levels, it became evident that the market was gradually stabilizing, with fewer external disruptions impacting price trends. This decline suggested the potential for a more sustainable and predictable market outlook moving forward. This price change impacted importing countries like India, Vietnam and Argentina.
In Q2 2024, n-Hexane prices in China dropped to $1399/MT, reflecting a steep 34.4% decline from the prior quarter. This sharp reduction was attributed to the continued stabilization of market conditions following the price spikes caused by geopolitical constraints in late 2023. As supply chains progressively recovered and geopolitical tensions eased, prices adjusted downward.
The stabilization trend, which had begun in Q1, continued through Q2, driven by improved availability and more balanced demand. This price correction suggested that the market was slowly returning to normalcy, with fewer disruptions expected soon. This price change impacted importing countries like India, Vietnam and Argentina.
In Q1 2024, n-Hexane prices in China averaged around $2131/MT, marking an 11.4% decline from the previous quarter. This decrease followed a sharp price surge in Q4 2023, driven by geopolitical constraints that had disrupted supply chains and created market uncertainty.
The elevated prices seen in late 2023 began to stabilize towards the end of Q1 2024 as tensions eased and supply conditions improved. This price change impacted importing countries like India, Vietnam and Argentina.
In Q1 2025, India’s n-hexane imports from China experienced a 1.10% Incline in prices, which increased to $1282/MT. This price increase was a continuation of the stabilization process as the market adjusted to a more balanced supply demand dynamic. While the increasing in prices provided some pressure to Indian importers, geopolitical tensions and global supply chain issues remained factors that continued to influence market conditions.
Despite the higher prices, Indian businesses had to navigate the complexities of these ongoing risks while benefiting from the more stable pricing environment. Indian Made Food n-hexane’s easing trend continued into Q1 2025, as demand cooled and buyers remained cautious.
Prices dropped to $1,695 in Ex-Mumbai, $1,712 in South India, $1,744 in North India, and $1,708 in West India. Despite this dip, the market remained fundamentally stable with no major supply disruptions.
According to PriceWatch, n-hexane prices in India experienced a significant downward adjustment during Q2 2025 across all segments. Food grade n-hexane prices averaged USD 1,314 per metric ton Ex-Mumbai, USD 1,336 in South India, USD 1,360 in North India, and USD 1,327 in West India, reflecting steep decreases of around 22% compared to Q1 2025. On a CIF Nhava Sheva, India basis, average prices reached USD 1,349 per metric ton, rising 4.65% amid higher import costs.
The robust decrease in food grade hexane price trend within India was mainly due to a surge in domestic supply and a noticeable reduction in industrial demand, particularly from the edible oil and extraction sectors. This was further impacted by easing global crude prices and improved plant utilization rates.
The price trend for domestic hexane moved sharply downward, with the price trend showing a sustained fall early in the quarter before stabilizing. This dynamic signaled an oversupplied market, leading producers to adopt aggressive pricing strategies to remain competitive and clear in inventories.
In Q1 2024, India’s n-hexane imports from China were significantly impacted by price fluctuations in China, where prices declined by 12.1% to $2135/MT. This price change was largely influenced by ongoing geopolitical tensions, which continued to affect global supply chains and market sentiment.
Despite the price drop in China, India faced a mix of benefits and challenges: the reduced prices provided some cost relief, but geopolitical instability created uncertainty in supply and logistics. As a result, Indian importers had to navigate not only shifting prices but also potential disruptions to their supply chains, making the market landscape increasingly volatile and unpredictable.
Domestic Food n-hexane In Q1 2024, prices experienced a moderate rise across all zones. Ex-Mumbai climbed to $1,726, while South India reached $1,751, North India rose to $1,784, and West India saw an increase to $1,742. The uptick was driven by seasonal demand recovery, firm offtake from solvent extraction units, and a marginal rise in feedstock costs.
In Q2 2024, India’s n-hexane imports from China were further impacted by a 31.5% decline in prices, which fell to $1462/MT. This significant price reduction was a continuation of the market’s efforts to stabilize after earlier fluctuations driven by geopolitical tensions. While the lower prices offered some relief for Indian importers, the ongoing geopolitical uncertainty continued to affect global supply chains, adding complexity to the import process. Indian businesses faced a delicate balance of benefiting from the reduced prices while managing potential risks tied to supply disruptions and shifting market conditions.
Domestic Food n-hexane in Q2 2024 continued the upward trend, though at a slower pace. Prices moved to $1,755 in Ex-Mumbai, $1,779 in South India, $1,809 in North India, and $1,770 in West India. This modest growth reflected stable operations and steady downstream demand, particularly from food processing industries.
In Q3 2024, India’s n-hexane imports from China were affected by a 7.4% decline in prices, which dropped to $1354/MT. This decrease was part of the ongoing market stabilization as prices continued to adjust after the volatility of previous quarters. While the reduced prices provided some cost benefits for Indian importers, the lingering geopolitical tensions and supply chain challenges remained a concern.
These factors kept the market environment unpredictable, forcing Indian businesses to manage both the cost advantages and the risks of potential supply disruptions as they navigated the global landscape.
Domestic Food n-hexane by Q3 2024, n-Hexane prices across all regions hit their highest levels during the observed period. Ex-Mumbai prices climbed to $1,783, South India to $1,807, North India to $1,834, and West India to $1,797. This was supported by sustained demand for food-grade and pharmaceutical applications, along with stable refinery output.
In Q4 2024, India’s n-hexane imports from China saw a 6.4% decline in prices, which fell to $1268/MT. This reduction was part of a broader trend of price adjustments as the market continued to stabilize after the volatility caused by geopolitical tensions earlier in the year. While the lower prices offered some relief to Indian importers, the persistent geopolitical challenges and supply chain disruptions remained significant concerns.
Indian businesses had to carefully manage both the advantages of lower costs, and the ongoing risks associated with global uncertainties. Domestic Food n-hexane In Q4 2024, the market corrected slightly. Prices softened to $1,763 in Ex-Mumbai, $1,787 in South India, $1,812 in North India, and $1,777 in West India. The decline was modest and attributed to seasonal factors, balanced inventories, and reduced urgency in procurement.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
n-Hexane is a colorless, 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 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 favored for processes requiring quick drying or degreasing. Its versatility makes it a vital chemical in various sectors.
Packaging Type
N-hexane 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.
| Parameters | Values | Unit |
| Appearance | Clear | |
| Content | 99min | % |
| Density@ 20℃ | 659 | Kg/m^3 |
| Benzene | 0.01 max | % |
| Parameters | Values | Unit |
| Density @ 20°C | 0.6600 – 0.6870 | g/ml |
| Refractive Index @ 20°C | 1.375 to 1.384 | |
| Benzene content | Max.0.05 | % |
| Sulphur, mg/Kg | Max. 5 | mg/Kg |
| Distillation | ||
| Initial Boiling Point | Min. 63 | % |
| Distilled between 64- 70°C | Min. 95 | % |
N-hexane Industrial 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. 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.
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.
PriceWatch 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, 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 n-hexane prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely n-hexane market data.
Track PriceWatch'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.
This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable n-hexane pricing assessments, helping clients stay ahead of market trends and make informed business decisions.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
n-Hexane is a colorless, 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 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 favored for processes requiring quick drying or degreasing. Its versatility makes it a vital chemical in various sectors.
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.
| Parameters | Values | Unit |
| Appearance | Clear | |
| Content | 99min | % |
| Density@ 20℃ | 659 | Kg/m^3 |
| Benzene | 0.01 max | % |
| Parameters | Values | Unit |
| Density @ 20°C | 0.6600 – 0.6870 | g/ml |
| Refractive Index @ 20°C | 1.375 to 1.384 | |
| Benzene content | Max.0.05 | % |
| Sulphur, mg/Kg | Max. 5 | mg/Kg |
| Distillation | ||
| Initial Boiling Point | Min. 63 | % |
| Distilled between 64- 70°C | Min. 95 | % |
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. 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.
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.
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.
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.
