N-Hexane Pricing Assessment
UNSPC: 12191502

  • Commodity Pricing

n-hexane Markets Covered: 

cnChina
inIndia
vnVietnam
arArgentina

n-hexane Markets Covered: 

Global n-hexane Price Trend, Analysis and Forecast​

In Q1 2025, n-Hexane prices in China declined to $1109/MT, marking a 6.6% decrease from the previous quarter. This price reduction 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. 

India n-hexane Price Trend, Analysis and Forecast

In Q1 2025, India’s n-Hexane imports from China experienced a 5.9% decline in prices, which dropped to $1193/MT. This price reduction was a continuation of the stabilization process as the market adjusted to a more balanced supply-demand dynamic. While the decrease in prices provided some relief to Indian importers, geopolitical tensions and global supply chain issues remained factors that continued to influence market conditions. Despite the lower prices, Indian businesses had to navigate the complexities of these ongoing risks while benefiting from the more stable pricing environment. 

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. 

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. 

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. 

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. 

n-hexane Parameters Covered: 

  • Crude Oil 
  • China
  • Edible Oil Extraction
  • Paints & Coatings
  • Pharmaceuticals
  • Adhesives & Sealants
  • Leather Processing
  • Chemical synthesis
  • India
  • Vietnam
  • Argentina

n-hexane Parameters Covered: 

  • Crude Oil 
  • China
  • Edible Oil Extraction
  • Paints & Coatings
  • Pharmaceuticals
  • Adhesives & Sealants
  • Leather Processing
  • Chemical synthesis
  • India
  • Vietnam
  • Argentina

Why PriceWatch?

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.

Historically, several events have caused significant fluctuations in N-hexane prices

  • 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. 
  • 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. 
  • 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. 
  • 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. 
  • 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. 

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch 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: PriceWatch 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: PriceWatch 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: PriceWatch 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: PriceWatch 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: PriceWatch 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 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]

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

132 Kg Drum

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

PriceWatch Quotation Terms:

25-28 MT

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 Table: 

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. 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. 

N-hexane price provided by PriceWatch 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. PriceWatch 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.

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.

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