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N-hexane Price Trend and Forecast

UNSPC code: 12191502
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026
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n-hexane Price Trends by Country

cnChina
inIndia
vnVietnam
arArgentina

Global n-hexane Spot Market Prices, Trend Analysis and Forecast

Price Watchâ„¢ provides real-time price assessments and price forecasts for n-hexane across top trading regions:

n-hexane Regional Coverage n-hexane Grade and Country Coverage n-hexane Pricing Data Coverage Explanation
Asia Pacific n-hexane Pricing Analysis n-hexane 99% min Industrial Grade FOB Prices at Shanghai Port, China Weekly Price Update on n-hexane Real-Time Export Prices from Shanghai Port, China to Global Markets
n-hexane 99% min Industrial Grade CIF Prices at Haiphong Port, Vietnam Imported from China Weekly Price Update on n-hexane Real-Time Import Prices at Haiphong Port, Vietnam from China
n-hexane 99% min Industrial Grade CIF Prices at Nhava Sheva Port, West India, Imported from China Weekly Price Update on n-hexane Real-Time Import Prices at Nhava Sheva Port, West India, from China
n-hexane FGH (BIS)3470 Ex-Mumbai Domestic Prices, West India Weekly Price Update on n-hexane FGH (BIS)3470 Real-Time Domestic Prices in Mumbai, West India
n-hexane FGH (BIS) 3470 Ex- South India Domestic Prices Weekly Price Update on n-hexane FGH (BIS)3470 Real-Time Domestic Prices in South India
n-hexane FGH (BIS) 3470 Ex- North India Domestic Prices Weekly Price Update on n-hexane FGH (BIS)3470 Real-Time Domestic Prices in North India
n-hexane FGH (BIS) 3470 Ex-West India Domestic Prices Weekly Price Update on n-hexane FGH (BIS)3470 Real-Time Domestic Prices in West India
South America n-hexane Pricing Analysis n-hexane 99% min Industrial Grade CIF Prices at Buenos Aires Port, Argentina, Imported from China Weekly Price Update on n-hexane Real-Time Import Prices at Buenos Aires Port, Argentina from China

n-hexane Price Forecasts & Market Foresight Q3 2026

Outlook: Mildly Bearish

Confidence: High

n-Hexane prices are expected to remain under pressure during the first half of Q3 2026 before recovering moderately toward the end of the quarter.

Asian export and import markets are likely to witness weaker prices in July and August due to seasonal softness in edible oil production, reduced solvent demand, ample supply, and cautious procurement, although firm naphtha feedstock costs and relatively tight inventories are expected to limit sharper declines.

By September, improving manufacturing activity, pre-holiday and pre-harvest inventory replenishment, firmer Chinese export offers, and stable upstream costs are anticipated to support a modest recovery across global markets.

In India, food-grade n-Hexane is expected to outperform industrial grades during the latter part of the quarter, driven by festival-related edible oil production, increased crushing activity, and seasonal stocking ahead of the Kharif harvest.

Global n-hexane Market Overview by Region (July–September 2026)

Country Grade/ Incoterm Outlook
China 99% min Industrial Grade FOB Shanghai Mildly Bearish to Strongly Bearish
Vietnam 99% min Industrial Grade CIF Haiphong_China Mildly Bearish to Strongly Bearish
Argentina 99% min Industrial Grade CIF Buenos Aires_China Mildly Bearish to Bearish
India 99% min Industrial Grade CIF Nhava Sheva_China Mildly Bearish to Bearish
India 98.5% min Food Grade n-hexane_Ex-Mumbai Mildly Bullish to Bullish
India 98.5% min Food Grade n-hexane_Ex- South India Mildly Bullish to Bullish
India 98.5% min Food Grade n-hexane_Ex- North India Mildly Bullish to Bullish
India 98.5% min Food Grade n-hexane_Ex-West India Mildly Bullish to Bullish

*n-hexane Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

Explore the Complete Price Watch™ n-hexane Forecast

Access comprehensive n-hexane market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

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What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in Crude Oil feedstock costs, energy prices, producer operating rates, plant outages, inventory levels, trade flows, freight rates, regional demand, and geopolitical developments affecting the global n-hexane market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates:

  • Feedstock & production economics
  • Plant operating rates & outages
  • Inventory and supply-demand balance
  • Regional trade flows & freight
  • Import-export dynamics
  • Macroeconomic & geopolitical developments

Track n-hexane Supply Disruptions in Real Time

As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact n-hexane markets.

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n-hexane Price Trend Q2 2026

In Q2 2026, global n-hexane prices have shown strong overall quarterly growth across key Asian, Latin American, and Asian-importing markets. Geopolitical escalations involving Iran, Israel, and the USA along with the closure of the Strait of Hormuz have pushed crude oil prices higher and disrupted international trade routes.

The n-hexane Price Chart has demonstrated robust quarter-on-quarter gains in China, Vietnam, Argentina, and India. However, the n-hexane Price Index has experienced a downward correction in June 2026 as spot buying cooled following earlier price spikes.

Lower spot procurement and improving regional supply availability have also helped ease export and domestic price pressures.

China: n-hexane Export prices FOB Shanghai, China, Grade 99% min Industrial Grade

In Q2 2026, n-hexane prices in China have increased notably due to rising crude oil costs and regional shipping constraints. The n-hexane price trend in China has reflected cost-push inflation linked to the Middle East conflict and the closure of the Strait of Hormuz.

Q1-2026, n-hexane prices in China established a lower cost foundation prior to second quarter gains. In Q2 2026, n-hexane prices in China increased by 9.60% compared to the previous quarter. Upstream raw material costs remained firm throughout the period.

However, in June 2026, n-hexane prices in China decreased by 7.82% compared to the previous month. Downstream buyers slowed spot purchases following earlier price surges to manage accumulated port inventories.

Vietnam: n-hexane Import prices CIF Haiphong_China, Vietnam, Grade 99% min Industrial Grade

In Q2 2026, n-hexane prices in Vietnam have advanced significantly behind rising Chinese export quotations and elevated freight charges. The n-hexane price trend in Vietnam has been driven by supply disruptions and high upstream energy values caused by Middle East tensions.

Q1-2026, n-hexane prices in Vietnam maintained lower import values relative to the second quarter. In Q2 2026, n-hexane prices in Vietnam increased by 10.97% compared to the previous quarter. The closure of the Strait of Hormuz created shipping delays across Asian trade channels.

However, in June 2026, n-hexane prices in Vietnam decreased by 7.61% compared to the previous month. Local industrial consumers reduced import activity after fulfilling immediate manufacturing requirements.

Argentina: n-hexane Import prices CIF Buenos Aires_China, Argentina, Grade 99% min Industrial Grade

In Q2 2026, n-hexane prices in Argentina have recorded strong gains driven by higher global energy costs and transatlantic freight surcharges. The n-hexane price trend in Argentina has reflected supply chain friction caused by international geopolitical conflicts.

Q1-2026, n-hexane prices in Argentina provided a lower comparative baseline before quarterly price increases. In Q2 2026, n-hexane prices in Argentina increased by 16.25% compared to the previous quarter.

Disrupted trade routes through the Strait of Hormuz escalated import expenses significantly. However, in June 2026, n-hexane prices in Argentina decreased by 0.75% compared to the previous month. Import demand stabilized as buyers adopted cautious procurement strategies toward the end of the quarter.

India (CIF Nhava Sheva): n-hexane Import prices CIF Nhava Sheva_China, India, Grade 99% min Industrial Grade

In Q2 2026, n-hexane prices in India have moved upward due to elevated replacement costs and higher ocean freight rates. The n-hexane price trend in India has been strongly influenced by global crude volatility following the Iran, Israel, and USA conflict. Q1-2026, n-hexane prices in India laid a lower baseline before second quarter increases.

In Q2 2026, n-hexane prices in India increased by 10.55% compared to the previous quarter. Freight surcharges and route diversions following the Strait of Hormuz closure increased import expenses. However, in June 2026, n-hexane prices in India decreased by 6.00% compared to the previous month. Buying momentum eased as local importers paused active restocking.

n-Hexane Price Trend Analysis: Q1 2026

n-Hexane Price Trend Q1 2026

In Q1-2026, n-hexane prices in major markets have surged sharply due to strong industrial demand, tightening supply, and the Israel-Iran-US war, with China, Vietnam, Argentina, and India showing significant quarter-on-quarter and monthly price growth.

China: n Hexane Export Prices FOB Shanghai, China; Grade – 99% min Industrial Grade

N hexane price trend in China have shot up significantly in Q1 2026 due to high demand in the industry and chemicals segments. In general, the pricing trend of n-hexane in China has been driven by increased purchases by firms involved in coatings, glues, and chemicals.

During the first quarter of 2026, n hexane price trend in China have gone up by 9.05% relative to the last quarter. Shortages in supplies in leading export countries have facilitated price gains, with port and warehousing stock levels falling. Competing regional quotations have motivated buyers to purchase cargoes immediately.

In China, n hexane price in March 2026 have spiked up by 27.80% compared to the previous month on account of the Israel-Iran-US war, increasing crude oil prices, and feedstock costs. Overall, Q1 2026 has seen bullish tendencies in China’s industrial-grade n-hexane market.

Vietnam: n Hexane Import Prices CIF Haiphong from China; Grade – 99% min Industrial Grade

The n hexane price in Vietnam during Q1 2026 has been on the rise owing to increased consumption from chemical industries. In the first quarter of 2026, the n hexane price in Vietnam has risen by 8.53% from the preceding quarter. The n hexane price trend in Vietnam has been characterized by sustained purchasing from various industries and pharmaceuticals.

In Vietnam, n hexane prices in March 2026 have sharply risen by 26.54% against the prior month due to the Israel-Iran-US war, shrinking port stocks, and escalating feedstock expenses. In general, the first quarter of 2026 has illustrated robust upswings in Vietnam’s n-hexane pricing.

Argentina: n Hexane Import Prices CIF Buenos Aires from China; Grade – 99% min Industrial Grade

For the first quarter of 2026, n-hexane price in Argentina have increased due to rise in consumption in the chemicals and coatings sectors. N hexane price trend in Argentina showed steady procurement from end-user industries. n-hexane price trend in Argentina for the quarter under review have increased by 6.71% relative to the previous quarter.

The improvement in shipment schedules and sufficient supply assurance has enabled the price recovery process, with importers managing their stocks to avoid shortages. For Argentina, n-hexane price in March 2026 have increased by 29.03% relative to the previous month because of geopolitical tensions caused by the Israel-Iran-US war and higher prices for crude oil derivatives.

Generally, for the first quarter of 2026, there is a significant revival of n-hexane prices in Argentina after falling during Q4 2025.

India – Industrial Grade CIF Nhava Sheva: n-Hexane Import Prices CIF Nhava Sheva from China; Grade – 99% min Industrial Grade

According to Price-Watchâ„¢, in Q1-2026, n hexane prices in India have increased strongly due to robust import demand from chemical and pharmaceutical sectors. n hexane price trend in India has reflected cautious procurement and supply constraints from global exporters. In Q1-2026, n-hexane prices in India have increased by 10.21% compared to the previous quarter.

Port inventories have decreased, enhancing market urgency. Buyers have competed for limited cargo, driving prices higher. In March 2026, n hexane prices in India have surged by 32.42% compared to the previous month due to the Israel-Iran-US war, rising crude oil prices, and higher feedstock costs. Overall, Q1-2026 has marked a strong bullish phase for India’s industrial-grade n-hexane market.

n-Hexane Price Trend Analysis 2025

n-Hexane Price Trend Q1 2025

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 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. 

n-Hexane Price Trend Q2 2025

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. 

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. 

n-Hexane Price Trend Q3 2025

Hexane product prices in Q3 2025 showed regional divergence amid varying industrial demand and feedstock cost pressures. China and Vietnam recorded modest declines of around 2%, reflecting weaker export and import activity. India and its regional markets saw similar softness as domestic prices dipped between 2% and 3%. Conversely, Argentina stood out with a 6.9% increase driven by limited imports and firm industrial consumption.

China: n-Hexane Export Prices FOB Shanghai, China, Grade – 99% min Industrial Grade.

In Q3 2025, n-hexane prices in China experienced a minor downturn driven by weaker demand from downstream chemical and adhesive industries. n-hexane price trend in China reflected the impact of soft crude oil values and steady domestic production.

Supply levels remained adequate as refineries maintained high output rates during the quarter. Demand from the electronics cleaning and polymer sectors showed moderate stability. According to the Price-Watch, product prices in Q3 reported a decline of 2.02%, tracking slower export momentum.

The balance between export competitiveness and domestic consumption shaped pricing sentiment. Refinery margins narrowed slightly due to declining international benchmarks. n-hexane prices in September 2025 stayed low compared to Q2 levels, signaling a stable but cautious outlook for the next quarter.

Vietnam: n-Hexane Import Prices CIF Haiphong from China, Grade – 99% min Industrial Grade.

In Q3 2025, n-hexane prices in Vietnam recorded a slight decline amid steady import activities and limited downstream fluctuations. n-hexane price trend in Vietnam was largely influenced by weakening regional demand and competitive import quotes from Chinese producers.

Refinery infrastructure in neighboring Asian economies helped sustain steady supply chains. According to the Price-Watch, product prices in Q3 showed a marginal decrease of 1.88% as buyers adopted cautious procurement.

Aromatic solvent demand in coatings and rubber processing sectors remained consistent, softening the price decline. Import costs adjusted moderately due to logistical stability. n-hexane prices in September 2025 reflected relative steadiness, supported by balanced inventories and modest industrial recovery in Vietnam’s manufacturing sector.

Argentina: n-Hexane Import Prices CIF Buenos Aires from China, Grade – 99% min Industrial Grade.

In Q3 2025, n-hexane prices in Argentina demonstrated a strong upward shift supported by tight availability and rising procurement costs. n-hexane price trend in Argentina was impacted by limited imports and currency-related fluctuations. Demand from the edible oil extraction and chemical blending segments increased steadily.

According to the Price-Watch, product prices in Q3 expanded by 6.90%, indicating notable recovery after earlier softness. Refinery supply bottlenecks and import delays heightened local market sentiments.

The strengthening of industrial consumption kept most distributors active through the quarter. n-hexane prices in September 2025 continued to firm up, reflecting bullish energy spreads and renewed buying interest within Argentina’s refining and industrial base.

India: n-Hexane Import Prices CIF Nhava Sheva from China, Grade – 99% min Industrial Grade.

According to Price-Watch, in Q3 2025, n-hexane prices in India under CIF Nhava Sheva condition registered a marginal decline amid steady demand and controlled import activity. n-hexane price trend in India was influenced by consistent naphtha feedstock values and limited fluctuations in crude oil benchmarks.

Importers maintained balanced inventories due to manageable freight and stable currency performance. According to the Price-Watch, product prices in Q3 witnessed a contraction of 0.44%, aligning with global industrial solvent trends. Domestic demand from pharmaceuticals and adhesives remained firmly stable.

Competitive offers from Chinese exporters contributed to restrained pricing at Nhava Sheva port. n-hexane prices in September 2025 recorded minor downward adjustments, reflecting cautious procurement and controlled import

India (Ex-Mumbai): n-Hexane Domestic Prices Ex-Mumbai, Grade – 98.5% min Food Grade.

In Q3 2025, n-hexane prices in Mumbai demonstrated mild weakness amid steady refinery operations and moderate downstream consumption. n-hexane price trend in Mumbai showed pressure from sustained regional supply and limited procurement by edible oil processors. According to the Price-Watch, product prices in Q3 declined by 2.52%, affected by soft market fundamentals and ample inventories.

Local manufacturers ensured continuous availability, balancing production economics. Packaging and pharmaceutical sectors maintained consistent but cautious demand. n-hexane prices in September 2025 were slightly below Q2 averages, supporting overall market stability across western trade routes.

India (Ex-South India): n-Hexane Domestic Prices Ex-South India, Grade – 98.5% min Food Grade.

In Q3 2025, n-hexane prices in South India recorded a mild decline amid limited consumption from chemical and extraction industries. n-hexane price trend in South India followed subdued regional buying and stable raw material costs. According to the Price-Watch, product prices in Q3 decreased by -2.33%, tracking sufficient refinery stock levels. Market sentiment remained neutral as regional production sustained market continuity.

Buyers continued moderate procurement aligned with quarterly requirements. n-hexane prices in September 2025 stood slightly lower than Q2, emphasizing steady supply and restrained demand growth.

India (Ex-North India): n-Hexane Domestic Prices Ex-North India, Grade – 98.5% min Food Grade.

In Q3 2025, n-hexane prices in North India showed a soft trend influenced by oversupplied conditions and moderate consumption across edible oil refineries. n-hexane price trend in North India reflected balanced refinery output and organized stock management. According to the Price-Watch, product prices in Q3 declined by 2.36%, consistent with weaker regional offtake.

Domestic producers maintained operational stability to adjust margins. Procurement slowed slightly amid high availability and controlled demand cycles. n-hexane prices in September 2025 were below Q2 levels, reflecting continued equilibrium in regional price movement and inventory control.

India (Ex-West India): n-Hexane Domestic Prices Ex-West India, Grade – 98.5% min Food Grade.

According to Price-Watch, in Q3 2025, n-hexane prices in West India experienced moderate softness driven by balanced refinery output and subdued industrial activity. n-hexane price trend in West India indicated lower procurement rates from extraction units and steady stock accumulation. According to the Price-Watch, product prices in Q3 fell by 2.42%, reflecting slow trading momentum.

Regional refiners prioritized consistent supply to maintain pricing parity. Competitive offers among local distributors ensured limited volatility. n-hexane prices in September 2025 remained slightly weaker, highlighting stable yet cautious regional demand across food processing sectors.

n-Hexane Price Trend Q4 2024

In Q4-2025, n-hexane prices in China, Vietnam, Argentina, and India have generally declined due to weak downstream demand, stable inventories, and cautious import strategies, while some Indian regions showed minor gains, reflecting mixed market conditions across the quarter.

China: n-Hexane Export Prices FOB Shanghai, China; Grade – 99% min Industrial Grade

n-hexane price in China during Q4 2025 have lowered owing to poor downstream demand in coatings and chemical sectors. The price performance of n-hexane in China has been impacted by the conservative approach for imports along with stable supplies from key exporters. In Q4 2025, there has been a decrease in n-hexane price trend in China by 4.67% when compared with the previous quarter. Decrease in production and reduction in transport volumes have aided in bringing down the price, while inventory levels in the port have been adequate. Exporters have revised their offers to ensure their presence in the market, with the year-end seasonal slackening hampering market trading activities. In China, n-hexane price in December 2025 has risen by only 0.08% when compared with the previous month. There has been a cautious market attitude with balanced buying interests and adequate supplies in the market.

Vietnam: n-Hexane Import Prices CIF Haiphong from China; Grade – 99% min Industrial Grade

In Q4-2025, n-hexane prices in Vietnam have declined due to sluggish import demand from downstream industries. n-hexane price trend in Vietnam has reflected reduced consumption in chemical processing sectors. In Q4-2025, n-hexane prices in Vietnam have decreased by 4.53% compared to the previous quarter. Importers have maintained careful procurement amid competitive pricing from regional suppliers. Inventory levels at major ports have stayed sufficient, limiting price recovery. Weak export flows have further pressured the market. In December 2025, n-hexane prices in Vietnam have increased marginally by 0.08% compared to the previous month. Seasonal slowdown has impacted trade volumes and pricing dynamics. Overall, n-hexane prices in Vietnam have remained under downward pressure, reflecting moderate regional demand.

Argentina: n-Hexane Import Prices CIF Buenos Aires from China; Grade – 99% min Industrial Grade

For Q4 2025, n-hexane price in Argentina have been declining due to reduced imports by consumers. The price trends of n-hexane in Argentina have been impacted by slow demand within the chemical and coating industries. During the quarter, n-hexane price trend in Argentina have dropped by 10.83% compared to the previous quarter. Excess supply from main producers has kept the prices from rising, while importers have put off making purchases owing to the negative sentiments prevailing in the market. Stockpiles in warehouses have slightly risen, pushing prices down even further. In Argentina, N-hexane prices in December 2025 have been dropping by 1.59% in December 2025 from the previous month. Negative market sentiments have prevailed due to slowing seasonality and weaker demand from downstream businesses. N-hexane prices in Argentina have strong quarterly declines in Q4 2025.

India – Industrial Grade (CIF Nhava Sheva): n-Hexane Import Prices CIF Nhava Sheva from China; Grade – 99% min Industrial Grade

In Q4-2025, n-hexane prices in India have fallen amid moderate import demand from chemical and pharmaceutical sectors. n-hexane price trend in India has reflected cautious procurement strategies and steady global supply. In Q4-2025, n-hexane prices in India have decreased by 5.95% compared to the previous quarter. Importers have adjusted orders due to sufficient inventory levels at ports. Competitive pricing from regional suppliers has kept market activity subdued. In December 2025, n-hexane prices in India have declined by 0.24% compared to the previous month. Slow industrial activity during year-end has impacted trading volumes. Overall, the n-hexane market in India has remained under downward pressure in Q4-2025.

n-Hexane Price Trend Q1 2024

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 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. 

n-Hexane Price Trend Q2 2024

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 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. 

n-Hexane Price Trend Q3 2024

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 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. 

n-Hexane Price Trend Q4 2024

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 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. 

Technical Specifications of N-hexane Price Trends

Product Description

n-Hexane is a clear liquid with a mild gasoline-like smell, commonly used in many industries. It is mainly known for extracting oils from seeds like soybeans. It also helps in making glues, cleaning equipment, and producing everyday products. This product is trusted for its quality and effectiveness in various applications.

Identifiers and Classification:

  • CAS No – 110-54-3
  • HS Code – 29011000
  • Molecular Formula – C6H14
  • Molecular Weight (in gm/mol) – 86.17


n-hexane Synonyms:

  • 1-Hexanol
  • Amyl Carbinol
  • 1-Hydroxyhexane
  • Hexyl alcohol


n-hexane Grades Specific Price Assessment:

  • 99% min Industrial Grade
  • 98.5% min Food Grade


n-hexane Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 20-25 MT, 10-15 MT
  • Packaging Type (Product & Country Specific): 132 Kg Drum, 200L Drum


Incoterms Referenced in n-hexane Price Reporting

Shipping Term  Location  Definition 
FOB Shanghai  Shanghai, China  n-hexane Export price from China 
CIF Haiphong (CHINA)  Haiphong, Vietnam  n-hexane Import price in Vietnam from China 
 CIF Buenos Aires (CHINA)  Buenos Aires, Argentina  n-hexane Import price in Argentina from China 
CIF Nhava Sheva (CHINA)  Nhava Sheva, India  n-hexane Import price in India from China 
Ex-Mumbai  Mumbai, India  Domestically Traded n-hexane price in Mumbai 
Ex- South India  South India  Domestically Traded n-hexane price in South India 
Ex- North India  North India  Domestically Traded n-hexane price in North India 
Ex-West India  West India  Domestically Traded n-hexane price in West India 

*Quotation Terms refers to the quantity range specified for the n-hexane being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for n-hexane packing, ease of handling, transportation, and storage in industrial and commercial applications.


Key n-hexane Manufacturers

Manufacturer 
SK Chemicals Co., Ltd. 
Junyan Petrochemical 
Shell 
Hydrite Chemical Co. 
KH Chemicals B.V. 

N-hexane Industrial Applications

n-hexane-market-share-end-use

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. 

Why Price Watchâ„¢?

Price Watchâ„¢ 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, Price Watchâ„¢ keeps you fully informed of market dynamics.

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

Track Price Watch'sâ„¢ 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.

N-hexane Market Price Trend published by Price Watchâ„¢ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watchâ„¢ assumes no liability for decisions taken based on this information.

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.

n-Hexane is a colourless, flammable hydrocarbon widely used as a solvent in chemical, pharmaceutical, and edible oil extraction industries. Its price directly affects downstream products like adhesives, coatings, and chemical intermediates, making market tracking crucial for industrial buyers. Price-Watchâ„¢ monitors n-hexane prices to help businesses stay updated with market trends.

n-Hexane prices vary by region and grade. Prices are typically quoted per metric ton and change based on supply, demand, feedstock costs, and energy prices. Price-Watchâ„¢ provides real-time price assessments across global markets to aid purchasing and trading decisions.

n-Hexane prices fluctuate due to crude oil and natural gas feedstock costs, refinery production, downstream demand from coatings, adhesives, and edible oil industries, regional supply constraints, geopolitical events, shipping and logistics costs, and seasonal consumption patterns. Price-Watchâ„¢ tracks these factors to analyze market trends.

Major consumers include chemical, pharmaceutical, and edible oil extraction industries, as well as coatings, adhesives, and solvent manufacturers. n-Hexane demand is also driven by chemical intermediates production. Price-Watchâ„¢ studies consumption patterns across these sectors.

n-Hexane is derived from the refining of crude oil or natural gas and obtained as a fraction of light naphtha in petroleum distillation. It is produced in large quantities in integrated petrochemical and refinery complexes worldwide.

China, India, the United States, and several Middle Eastern countries are leading exporters of n-Hexane. Export volumes depend on domestic consumption, refinery output, global demand, shipping costs, and geopolitical factors. Price-Watchâ„¢ monitors trade flows and global supply patterns.

Supply generally matches global demand, but regional shortages can occur due to refinery outages, geopolitical tensions, transportation constraints, or sudden demand spikes. Price-Watchâ„¢ monitors potential supply-demand imbalances to alert markets.

Industrial-grade n-Hexane is used for general chemical and industrial applications, while food-grade and high-purity grades are required for edible oil processing and sensitive chemical reactions. Price differences arise due to purity, specifications, and handling requirements.

Rapid demand growth from chemical, pharmaceutical, or edible oil sectors can push prices up. Limited refinery output and tight regional supply may cause longer lead times and higher spot market rates. Price-Watchâ„¢ tracks these market dynamics in real-time.

Feedstock costs like crude oil, natural gas, and naphtha directly influence n-Hexane pricing. Energy-intensive refining processes also affect production costs, which are passed to buyers. Price-Watchâ„¢ analyses these correlations to project market movements.

Regional prices vary based on local refinery capacity, feedstock availability, energy costs, import/export flows, shipping expenses, and downstream demand. Areas with limited local supply or higher logistics costs typically experience higher prices.

Price forecasts consider crude oil trends, refinery capacity, geopolitical events, feedstock costs, seasonal demand, and global chemical industry trends. Price-Watchâ„¢ publishes projections to help businesses anticipate price movements and plan procurement strategies.

Yes. Accurate forecasts allow businesses to time purchases, negotiate contracts effectively, and manage budgets. Understanding expected price trends can save costs and secure supplies efficiently.

Events like geopolitical conflicts, refinery outages, crude oil disruptions, trade restrictions, or transportation bottlenecks can lead to supply shortages and price volatility. Price-Watchâ„¢ provides timely updates when such events affect the n-Hexane market.

Price-Watchâ„¢ gathers data from manufacturers, distributors, and buyers worldwide to provide comprehensive price assessments, forecasts, and market reports, offering a trusted source for n-Hexane market insights.

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