China
India
Taiwan
VietnamIn Q1 2025, refined naphthalene prices rose to 1035 USD, a steady 1.57% increase from the previous quarter. This reflects ongoing market recovery and stabilization, supported by balanced supply-demand dynamics. The growth is likely influenced by improved industrial activity, stable raw material costs, and favourable economic conditions, highlighting the market’s resilience and gradual progress.
According to the PriceWatch, Refined Naphthalene prices in China dropped to 1140 USD per MT, down 1.81 % from Q1. The Refined Naphthalene Price Trend turned mildly bearish due to lower seasonal demand from the construction and plastics segments. The Refined Naphthalene Market in India slowed as monsoon conditions disrupted activity and delayed shipments.
Vietnam showed cautious buying due to surplus inventories built in Q1. Refined Naphthalene prices faced pressure from reduced offtake across Asia. The Refined Naphthalene price index declined gradually with fewer long-term bookings from major buyers. The Refined Naphthalene Price Chart displayed a downward slope, especially during mid-May, reflecting softer sentiments.
Chinese coal tar availability stayed constant, but lower downstream utilization impacted procurement. Exporters adjusted offers to remain competitive in a weaker demand cycle. Overall, Q2 marked a seasonal cooldown in pricing and trading momentum, particularly influenced by regional weather disruptions and inventory adjustments in importing countries.
In Q1 2024, refined naphthalene prices dropped to 930 USD, a 1.69% decrease compared to the previous quarter. This decline may reflect reduced demand due to seasonal factors or industrial shifts, alongside minor supply chain disruptions. It marks the beginning of a period of market adjustment, setting the stage for future trends.
In Q2 2024, refined naphthalene prices dipped to 891USD, marking a more pronounced drop of 4.19% compared to the preceding quarter. This drop likely resulted from weakened demand, potential oversupply, and supply chain inefficiencies. External factors like economic challenges and global energy market instability may have further pressured prices, highlighting the market’s volatility.
In Q3 2024, refined naphthalene experienced a notable price surge, climbing to 996 USD—a sharp 11.78% rise compared to the preceding quarter. This significant recovery likely stemmed from rising seasonal demand, favorable market adjustments, and improved production efficiency. It signaled renewed market strength and resilience after earlier declines.
In Q4 2024, refined naphthalene prices rose to 1019 USD a 2.31% increase from the previous quarter. This steady growth reflects market stabilization, sustained demand from industrial use, and improved supply chain conditions. Regional economic recovery and stable global energy prices likely supported this moderate yet healthy progression.
In Q1-2025, growth rates for CIF Nhava Sheva and EX Bhiwandi moderated but remained steady, averaging 3.09%. EX Bhiwandi led with stronger growth, showcasing resilience, while CIF Nhava Sheva contributed positively. Together, they ensured a stable and promising start to 2025.
In Q2 2025, according to PriceWatch Refined Naphthalene prices in India on a CIF basis inched up slightly to 1138 USD per MT, a 0.16 % increase from Q1. However, domestic Ex-Bhiwandi prices dropped to 1314 USD per MT, marking a 4.25 % decline. The stable import price reflected consistent offers from China, where FOB prices softened slightly.
Demand from Indian downstream industries slowed due to monsoon-related construction halts and reduced plasticizer consumption. The price correction in Bhiwandi was driven by high inventory carryovers and slower movement in local markets. Buyers became cautious, avoiding aggressive restocking amid weaker industrial sentiment. Meanwhile, Chinese suppliers maintained regular shipment volumes to India.
Feedstock coal tar availability in China stayed adequate, allowing exporters to hold competitive prices. Overall, Q2 showed mixed market behavior with steady import prices but visible domestic softening in India, particularly in Western regions affected by seasonal slowdown and limited industrial activity.
During this period, both CIF Nhava Sheva and EX Bhiwandi demonstrated positive growth, with an average combined rate of 2.78%. EX Bhiwandi performed slightly better, leading the growth and highlighting its strength early in the year. This steady performance marked a promising start for both locations in 2024.
During this quarter, both CIF Nhava Sheva and EX Bhiwandi experienced a decline in performance, resulting in a combined negative growth rate of -2.29%. The drop was more pronounced for CIF Nhava Sheva, whereas EX Bhiwandi showed relatively better resilience. Overall, it was a challenging period for both locations.
The quarter witnessed a robust recovery, as both CIF Nhava Sheva and EX Bhiwandi achieved impressive double-digit growth rates. The combined average growth of 11.57% underscores a significant and encouraging turnaround, marking a pivotal moment of resurgence during the period.
Q4 2024
Building on the recovery in Q3-2024, both CIF Nhava Sheva and EX Bhiwandi sustained growth in Q4-2024, achieving a combined average growth rate of 6.27%. EX Bhiwandi led the performance, while CIF Nhava Sheva maintained a steady upward trend. They wrapped up 2024 on a high note, setting themselves up for sustained progress as they move into 2025.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Refined naphthalene is a high-purity hydrocarbon compound, primarily used in the production of phthalic anhydride, dyes, and as a moth repellent. It is derived through the distillation of coal tar, which serves as its main feedstock. Its crystalline form and distinctive odor make it a key ingredient in various industrial and consumer products.
Packaging Type
Naphthalene 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.
| SR. NO. | CHARACTERISTICS | TEST METHOD | STANDARD | UNIT |
| 1 | Appearance | Visual | White crystalline Powder | ─ |
| 2 | Odour | Camphor | ─ | |
| 3 | Solidification Point | ASTM D 3799 | 78-80 | °C |
| 4 | Purity | GC MS | 99 Min | % |
| 5 | Sulphur Content | ASTM D 5453 | 50 Max | PPM |
Naphthalene Applications
Naphthalene is utilized in the production of superplasticizers, beta-naphthol, phthalic anhydride, tanning agents, mothballs, and household disinfectants. It plays a role in the dye, chemical, and pharmaceutical industries, as well as in pyrotechnic special effects, including the creation of black smoke and simulated explosions.
These events underscore the Refined Naphthalene market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
PriceWatch is your trusted resource for tracking global naphthalene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the naphthalene 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 naphthalene prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely naphthalene market data.
Track PriceWatch's naphthalene 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 Refined Naphthalene pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Refined naphthalene is a high-purity hydrocarbon compound, primarily used in the production of phthalic anhydride, dyes, and as a moth repellent. It is derived through the distillation of coal tar, which serves as its main feedstock. Its crystalline form and distinctive odor make it a key ingredient in various industrial and consumer products.
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.
| SR. NO. | CHARACTERISTICS | TEST METHOD | STANDARD | UNIT |
| 1 | Appearance | Visual | White crystalline Powder | ─ |
| 2 | Odour | Camphor | ─ | |
| 3 | Solidification Point | ASTM D 3799 | 78-80 | °C |
| 4 | Purity | GC MS | 99 Min | % |
| 5 | Sulphur Content | ASTM D 5453 | 50 Max | PPM |
Applications
Naphthalene is utilized in the production of superplasticizers, beta-naphthol, phthalic anhydride, tanning agents, mothballs, and household disinfectants. It plays a role in the dye, chemical, and pharmaceutical industries, as well as in pyrotechnic special effects, including the creation of black smoke and simulated explosions.
When assessing the pricing of refined naphthalene, it’s important to look at several crucial factors. These include the cost of raw materials, particularly coal tar and petroleum derivatives, as well as fluctuations in crude oil prices. Additionally, transportation costs and any regulatory expenses can significantly impact overall pricing. Keeping an eye on market demand from key industries like chemicals, pharmaceuticals, and dyes is also essential, as these can drive prices up or down.
Feedstock availability, especially for coal tar and petroleum products, plays a vital role in determining refined naphthalene prices. If there are disruptions in production due to natural disasters, political issues, or import restrictions, prices can rise. Conversely, an oversupply or improvements in production efficiency can lead to lower prices. It’s wise for procurement heads to stay informed about feedstock market trends to better manage costs.
Prices for refined naphthalene can differ significantly across regions due to variations in feedstock availability, production capacities, and local demand dynamics. For instance, areas with abundant coal tar resources may offer more competitive pricing compared to regions reliant on imports. As a procurement leader, understanding these regional differences can help you optimize your sourcing strategies and identify cost-effective opportunities.