Pyridine Price Trend and Forecast

UNSPC code: 12352004
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âźł Weekly Update
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Historical Data Since 2015
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Forecast for 2026

pyridine Price Trends by Country

inIndia
cnChina
myMalaysia
gbUnited Kingdom
idIndonesia
deGermany

Global pyridine Spot Market Prices, Trend Analysis and Forecast

Price-Watch’s most active coverage of Pyridine price assessment:

  • IG (99.5% min) FOB JNPT, India
  • IG (99.5% min) CIF Shanghai (India), China
  • IG (99.5% min) CIF Jakarta (India), Indonesia
  • IG (99.5% min) CIF Penang (India), Malaysia
  • IG (99.5% min) CIF Hamburg (India), Germany
  • IG (99.5% min) Ex West India, India
  • IG (99.5% min) CIF Southampton (India), United Kingdom

Pyridine Price Trend Q3 2025

During the third quarter of 2025, the global Pyridine market demonstrated moderate growth, as prices rose approximately 2-5% from the previous quarter. This growth was primarily driven by stable demand from key Pyridine-consuming sectors, which included agrochemicals which use Pyridine to produce herbicides and insecticides. In addition, increased consumption of Pyridine in the pharmaceutical sector, where Pyridine is an important intermediate in drug synthesis, supported rising prices.

Other positive factors included stable raw materials required for production and some recovery in international supply chains. While some regional logistical transportation challenges continue to exist, the market was overall stable and responsive. As global production capacity continues to expand, and stable demand from key industries holds true, the Pyridine price trend is expected to maintain its growth trends in the next quarter.

India

Pyridine export prices FOB Nhava Sheva, India, Grade- Industrial Grade (99.5% min).

According to Price-Watch, in Q3 2025, Pyridine price in India saw an increase of 4.71%, in relation to Q2 2025. Pyridine price trend in India was based on stable demand shown in consistent production from the pharmaceutical and chemical sectors despite global uncertainties. Greater production costs of its feedstock and rising freight rates added pressure to higher prices.

As of September 2025, Pyridine prices in India still expressed a positive growth trajectory which reflected steady demand and underlying constraints in supply. Q4 2025 and into Q1 2026 would expect this price growth to continue as long as that demand remained strong and feedstock costs continued to increase.

United Kingdom (CIF from India)

Pyridine Import prices CIF Southampton, United Kingdom, Grade- Industrial Grade (99.5% min).

During Q3 2025, Pyridine prices witness a price hike of 5.74% from Q2 2025 levels in the United Kingdom. Pyridine price trend in the UK is supported by solid demand levels from the chemical and pharmaceutical industries, which continue to support consistent production levels. There was also upward price momentum due to increasing feedstock costs and increasing freight costs from India.

In September 2025, Pyridine prices continued to trend upward in the United Kingdom due to tight supply and healthy demand levels for Pyridine. The forward-looking landscape for the upcoming quarter is likely to see continued increases in pricing due to steady demand levels and upward pressure from feedstock and transportation costs.

China (CIF from India)

Pyridine Import prices CIF Shanghai, China, Grade- Industrial Grade (99.5% min).

According to Price-Watch, in the third quarter of 2025, Pyridine prices in China rose by 5.02% compared to the second quarter of 2025. The Pyridine price trend in China was sustained from its previous Q2 quarter, by firm offtake in agricultural and chemical applications, which have continued to operate, despite the persistent challenges of supply chain disruptions.

The rise in price has also been driven by rising feedstock prices and increasing freight prices from India. By September 2025, the Pyridine price in China remained at elevated levels due to solid downstream demand. Looking ahead, the price will likely remain robust due the continuation of strong demand from key consumer industries and the global nature of feedstock and shipping price increases.

Indonesia (CIF from India)

Pyridine Import prices CIF Jakarta, Indonesia, Grade- Industrial Grade (99.5% min).

In the third quarter of 2025, Pyridine prices in Indonesia increased by 5.02% compared to the second quarter of 2025. Pyridine price trend in Indonesia experienced in Indonesia since the first quarter of 2025 were driven by continued end-user demand from the chemical and pharmaceutical sectors, which experienced continued production volumes. Price increases were attributed to rising costs of feedstocks while applying upward pressure on the supply curve. Additionally, freight rates from India added upward pressure on prices.

In September 2025, Pyridine prices in Indonesia continued a trend upward, and prices were based on strong demand while the supply was constrained. The expectations for Pyridine prices in the fourth quarter of 2025 are for prices to remain stable, but prices will continue to respond to increased costs for feedstock and freight.

Malaysia (CIF from India)

Pyridine Import prices CIF Penang, Malaysia, Grade- Industrial Grade (99.5% min).

In the third quarter of 2025, Pyridine prices in Malaysia went up by 5.00% from the previous quarter. Pyridine price trend in Malaysia was mainly driven by strong demand from pharmaceutical and agricultural markets, which helped to maintain consistent production levels. Further price increases were also supported by higher feedstock costs, particularly propylene and increasing freight to Malaysia from India.

September 2025 Pyridine prices in Malaysia continued to rise amidst stable demand and tight supply conditions. Price projections for the next quarter indicate higher prices are likely to remain even if demand from key sectors remain strong, as feedstock costs are anticipated to continue to increase.

Germany (CIF from India)

Pyridine Import prices CIF Hamburg, Germany, Grade- Industrial Grade (99.5% min).

During the third quarter of 2025, Pyridine prices in Germany rose 5.51% compared with the prior quarter, continuing an upward trajectory. Pyridine price trend in Germany was supported by stable demand from the pharmaceutical and chemical industries, which continued production amid a rigid supply chain fundamentals. In addition to stable demand, improved pricing related to rising feedstock prices, namely propylene, alongside increased freight rates from India also drove sales prices up.

September 2025 saw prices for Pyridine continue on their upward trend, reflecting strong demand amidst tightening supply. The outlook for the market in the next quarter witnesses prices will continue to rise, and that prices will remain high unless there is a significant change in the availability of feedstock or freight.

Pyridine Price Trend Analysis: Q2 2025

According to the PriceWatch, Pyridine prices from India (FOB) decreased by 5.77% to 2719 USD per MT in Q2 2025. The price trend reflected reduced demand from key downstream industries, including pharmaceuticals and agrochemicals, which typically experience a slowdown mid-year. The decrease was further supported by softening feedstock prices, particularly for coal and petroleum derivatives, which are integral to Pyridine production.

Additionally, the CIF price trend in South Korea, importing from both China and Thailand, followed a similar decline, showing a decrease in Pyridine prices due to weaker demand and high inventory levels. The domestic market in India saw a corresponding dip, with less export activity during the second quarter, which is generally marked by slower industrial activity. In comparison to Q1 2025, this price decline indicated a cooling market, with seasonal factors and low industrial production rates contributing to the lower pricing trend. 

According to the PriceWatch, Pyridine prices from India (FOB) increased by 4.89% to 2885 USD per MT in Q1 2025. The price trend was largely influenced by a rebound in demand from the pharmaceutical and agrochemical sectors, which traditionally experience a surge at the beginning of the year. The feedstock market remained stable, and the increase in prices was supported by strong export demand.

South Korea, importing from China and Thailand, also experienced an increase in CIF prices, with both regions seeing an uptick due to stronger demand. The Q1 2025 price growth could also be attributed to the global economic recovery and a rise in production levels, which helped support the price increases.

In comparison to Q4 2024, the price rise signaled a healthy recovery after the prior quarter’s dip, with global and regional markets showing stronger confidence in Pyridine’s demand. 

Pyridine Price Trend Analysis: Q4 2024

According to the PriceWatch, Pyridine prices from India (FOB) rose by 2.36% to 2751 USD per MT in Q4 2024. The price trend showed a moderate increase compared to the previous quarter, driven by steady demand from downstream pharmaceutical and agrochemical industries, which tend to increase production before the year-end. Feedstock prices for coal and petroleum remained stable, contributing to this gradual rise in prices.

In South Korea, the CIF price trend mirrored the upward movement, with imports from China and Thailand seeing a corresponding increase. The Q4 2024 price rise can be attributed to both seasonal demand increases and a more stable global supply chain, which helped facilitate smoother trade flows.

Compared to Q3 2024, the increase in prices was relatively modest, but it highlighted the recovery in the Pyridine market, driven by steady production rates and a seasonal uptick in industrial activities. 

In Q4 2024, both FOB India and Ex-West India saw moderate price increases. FOB India rose to USD 2751/MT, up 2.36%, while Ex-West India increased to USD 3346/MT, reflecting a 1.88% rise. The price increase was driven by a strong rebound in agrochemical demand, particularly in Malaysia and Indonesia, where agricultural activities surged ahead of the new growing season. In Germany and the UK, the demand from the pharmaceutical sector picked up as stockpiling for winter-related health products gained momentum.

On the feedstock side, acetaldehyde and ammonia prices remained stable, with moderate upward pressure as natural gas prices in India slightly increased, raising production costs. Despite these factors, India’s Pyridine exports benefited from a higher demand for both agrochemical and pharmaceutical applications, particularly in key markets. 

According to the PriceWatch, Pyridine prices from India (FOB) increased by 2.09% to 2687 USD per MT in Q3 2024. The price trend showed a small but positive shift due to a recovery in demand from key downstream sectors, such as agrochemicals and the pharmaceutical industry. The feedstock market remained relatively stable, with minor fluctuations in coal and petroleum costs. South Korea’s CIF price also showed a slight increase, as imports from China and

Thailand remained steady due to moderate demand from the domestic market. The comparative price increase from Q2 2024 indicates a seasonal recovery in production and consumption, as industries started to ramp up after the slower second quarter. While the growth was modest, it was a clear indication of market stabilization, as both supply chains and demand improved compared to the preceding quarter. 

By Q3 2024, there was a slight recovery in FOB India, which rose to USD 2687/MT, marking a 2.09% increase, while Ex-West India saw a marginal increase to USD 3284/MT (up 1.62%). The recovery was primarily driven by pre-season restocking in China and Indonesia, where agrochemical producers started preparing for the upcoming planting season. The pharmaceutical sector in Germany and the UK also saw modest growth in demand, particularly for intermediate chemicals.

Additionally, a slight increase in acetaldehyde prices, combined with relatively stable feedstock availability, allowed for a marginal increase in production costs. However, the price recovery was restrained due to the overall market conditions remaining relatively subdued, with India continuing to face tough competition from lower-priced alternatives in other markets. 

According to the PriceWatch, Pyridine prices from India (FOB) decreased by 12.72% to 2632 USD per MT in Q2 2024. The price trend was primarily driven by reduced demand from the agrochemical and pharmaceutical sectors, which tend to experience a dip in activity during mid-year.

The feedstock market also saw some softening, which contributed to the overall price decline. In South Korea, the CIF price trend mirrored the price fall from India, with imports from China and Thailand showing a decline due to the weakened demand and oversupply concerns.

The Q2 2024 decrease in prices was reflective of typical seasonal fluctuations, where industrial production slows down in the middle of the year. Compared to Q1 2024, the decline in prices highlighted a cooling market, with seasonal and economic factors contributing to lower demand and production during the quarter. 

In Q2 2024, Pyridine prices further declined to USD 2632/MT (FOB India) and USD 3232/MT (Ex-West India), reflecting a 12.72% and 10.68% decrease, respectively. The continued decline can be attributed to sluggish demand from China due to tighter environmental regulations and reduced operations in the agrochemical sector. Furthermore, the pharmaceutical sector in Europe (UK, Germany) showed minimal growth due to lower restocking activities after the year-end holiday period.

The Indian export market faced stiff competition from China, which lowered its pricing to capture a larger share in the global market, impacting India’s export volume. On the supply side, acetaldehyde prices remained competitive, but the overall price decrease from the previous quarter continued to affect margins, making it difficult for Indian exporters to recover pricing. 

According to the PriceWatch, Pyridine prices from India (FOB) decreased significantly by 22.86% to 3016 USD per MT in Q1 2024. The sharp drop in prices was largely driven by a slump in demand from downstream pharmaceutical and agrochemical industries, which traditionally see weaker activity after the holiday season.

Additionally, the feedstock market saw a decline in coal and petroleum prices, contributing to the overall price reduction. In South Korea, imports from both China and Thailand followed a similar price trend, reflecting the global downturn in demand and pricing pressures.

Compared to Q4 2023, the Q1 2024 drop was significant, highlighting the market’s adjustment after the peak season in the previous quarter. Despite the downturn, India’s export market remained steady, although the reduced prices indicated the challenges faced by both global and regional markets during this period. 

In Q1 2024, both FOB India and Ex-West India saw sharp declines. FOB India dropped to USD 3016/MT, marking a 22.86% decrease, while Ex-West India fell to USD 3618/MT, a 19.79% drop. The sharp decline was primarily due to a post-harvest seasonal slowdown, which led to reduced demand from the agrochemical sector in China, Malaysia, and Indonesia. These countries experienced lower consumption of herbicides and pesticides as the planting season ended.

Additionally, there was weaker demand from the pharmaceutical industry in Germany and the UK, as inventories had been sufficiently stocked in Q4 2023. The reduction in feedstock prices, including acetaldehyde and ammonia, compounded the price drop, leading to a decrease in production costs but still resulting in weaker demand from the key CIF countries. 

Technical Specifications of Pyridine Price Trends

Product Description

Pyridine is a colorless to yellow liquid synthesized primarily from acetaldehyde, formaldehyde, and ammonia as feedstocks. Known for its characteristic odor, it is a key intermediate in agrochemicals, pharmaceuticals, and dyes. Pyridine’s versatile solvent properties make it essential in chemical synthesis, including the production of vitamins, herbicides, and rubber products, ensuring wide industrial applicability.

Identifiers and Classification:

  • CAS No – 110-86-1
  • HS Code – 29333100
  • Molecular Formula – C5H5N
  • Molecular Weight (in gm/mol) – 79.1


Pyridine Synonyms:

  • Azabenzene
  • Azine


Pyridine Grades Specific Price Assessment:

  • Industrial Grade (99.5% min)


Pyridine Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-28 MT, 10-15 MT
  • Packaging Type (Product & Country Specific): ISO Tank, Drum


Incoterms Referenced in Pyridine Price Reporting

Shipping Term  Location  Definition 
FOB Nhava Sheva  Nhava Sheva  Pyridine Export price from India 
CIF Southampton (India)  Southampton, United Kingdom  Pyridine import price in United Kingdom from India 
CIF Shanghai (India)  Shanghai, China  Pyridine import price in China from India 
CIF Jakarta (India)  Jakarta, Indonesia    Pyridine import price in Indonesia from India 
CIF Penang (India)  Penang, Malaysia  Pyridine import price in Malaysia from India 
CIF Hamburg (India)  Hamburg, Germany  Pyridine import price in Germany from India 
Ex-West India  West India   Domestically Traded Pyridine price in West India  

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

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

Key Pyridine Manufacturers

Manufacturer 
Jubilant Ingrevia  
Resonance Specialities 

Pyridine Industrial Applications

pyridine market share end use

Historically, several events have caused significant fluctuations in Pyridine prices

  • Russia-Ukraine Conflict (2022-Present): The Russia-Ukraine conflict, which began in 2022, has had a profound impact on global supply chains, leading to significant fluctuations in butyl pyridine prices. Key factors include: 

Supply Chain Disruptions: The conflict has disrupted supply chains across Europe and beyond, affecting the transportation and availability of raw materials needed for pyridine production. This has created shortages and driven prices upward. 

Energy Costs: The war has led to volatility in energy prices, particularly natural gas, and oil, which are critical for the chemical industry. Rising energy costs have increased production expenses for pyridine manufacturers. 

Trade Restrictions: Sanctions and trade restrictions on Russian exports have affected the availability of certain chemicals and raw materials used in pyridine production, contributing to price instability. 

Increased Demand for Alternatives: As some suppliers have faced difficulties, demand for pyridine from alternative sources has risen, leading to price spikes due to heightened competition for limited supplies. 

  • COVID-19 Pandemic (2020):  

Supply Chain Disruptions: Lockdowns and restrictions on movement led to factory closures and transportation delays, disrupting the supply chains for pyridine and its raw materials. This created shortages that pushed prices up. 

Decreased Demand: Initially, many industries that use pyridine, such as pharmaceuticals and agrochemicals, experienced a slowdown due to reduced production activities. This decreased demand led to a drop in pyridine prices during the early months of the pandemic. 

Market Recovery: As economies began to reopen, demand for pyridine surged, particularly from the pharmaceutical and agricultural sectors. This rapid recovery caused prices to spike again as companies rushed to restock and meet new demand. 

Increased Costs: The pandemic led to higher operational costs due to safety measures, increased transportation costs, and shifts in sourcing strategies, contributing to price fluctuations. 

  • Geopolitical Tensions (2018-2019):  

Trade Wars: The U.S.-China trade war resulted in tariffs on various chemicals, including pyridine and its raw materials. This created cost pressures and disrupted trade flows, leading to price volatility. 

Energy Price Volatility: Political instability in oil-producing regions affected global energy prices. As energy costs are a significant component of chemical production, rising energy prices contributed to increased pyridine production costs. 

Supply Chain Disruptions: Increased tensions and sanctions on countries like Iran and Russia affected global supply chains. This made sourcing raw materials more difficult, contributing to shortages and higher prices for pyridine. 

These events underscore the pyridine market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global pyridine price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the pyridine 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 pyridine prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely pyridine market data.

Track PriceWatch's pyridine 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.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major pyridine production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the pyridine acetate supply chain, from raw material availability (e.g., coal tar, nicotinic acid, acetaldehyde) 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, which can significantly impact pyridine prices. Our analysis includes 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, such as hurricanes or winter storms, on pyridine production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. 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, packaging), to predict shifts in pyridine demand and corresponding price movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global pyridine production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately. 
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming pyridine production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization. 

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. 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 pyridine pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations. 

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast pyridine 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. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes. 

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they 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 pyridine pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Pyridine Market Price Trend 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 pyridine. 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 of pyridine is influenced by several factors, including raw material costs such as acetaldehyde, formaldehyde, ammonia, fluctuations in supply and demand within industries like paints, coatings, and adhesives, as well as external elements like geopolitical events, trade tariffs, and energy prices. These factors combine to create variability in pricing depending on global economic conditions.

Regional production plays a significant role in pyridine pricing. Regions with high production, like Asia-Pacific, tend to have more competitive pricing due to local availability, whereas regions that rely on imports, such as North America and Europe, often face higher costs due to transportation fees, import duties, and potential supply chain disruptions.

The latest pricing trends for pyridine often reflect fluctuations in the cost of raw materials and changes in global supply chains. To secure better rates, procurement heads can consider locking in long-term contracts with suppliers, monitoring global price trends and indices, and optimizing bulk purchasing strategies to take advantage of volume discounts.