pyridine Pricing Assessment

Markets Covered:

India

China

Malaysia

United Kingdom

Indonesia

Pyridine Price Trend, Analysis and Forecast

In Q1 2024 the Asian pyridine market declined by 0.51% as compared to the Q4 of 2023. Pyridine prices have shown a mixed trend, highlighting the complex market dynamics in the region. Demand remains steady, driven by its use in the agrochemical and pharmaceutical sectors. The supply of pyridine in the APAC region has been moderate, suggesting a well-balanced market overall. In India pyridine market showed a downward trend in the first half quarter. By the end of the quarter in India, the price of pyridine reached 291142 INR per metric ton in March. Meanwhile, challenges in the Indian market had a same effect on prices in UK, China, Malaysia, and Indonesia, as India is a significant exporter to all these countries.

In Q2 2024, the pyridine market experienced notable stability. This steady performance was driven by sufficient inventory levels and consistent cost support from key feedstocks like ammonia and formaldehyde. Additionally, increased restocking efforts and strong demand from industries like pharmaceutical further contributed to the rise. However, as the quarter progressed, prices began to decline in May and the increases in June. These fluctuations were influenced by various factors, including changing demand patterns in downstream sectors. By the end of the quarter in June, the price of pyridine in the India settled at 299624 INR per metric ton.

In Q3 2024, the pyridine market will continue to experience upward price pressure due to ongoing supply limitations. The growing demand for agrochemicals and pharmaceuticals will expect to boost the pyridine market in the APAC region. As of July 2024, pyridine prices were fluctuating and reflecting around 0.30 % increase from the previous month.

In Q4 2024, the Asia-Pacific region will experience upward trend in pyridine prices. Key factors driving these price fluctuations include differing demand trends across various countries, particularly influenced by India’s strong performance. Additionally, rising raw material prices will affect production costs, while ongoing trade tensions will disrupt regional supply chains. In the short term, the pyridine market will experience growth primarily due to rising demand from the agrochemicals and pharmaceutical industry. Moreover, the presence of major industry players and the region’s status as a leading importer of pyridine will expect to drive market growth throughout the forecast period.

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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, keeps you fully informed of market dynamics.

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

Track '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.

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.

Methodology and Specifications

pyridine Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: 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: 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: 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: 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: 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: 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 delivers the most accurate, timely, and actionable pyridine pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

79.1

CAS No

110-86-1

HS Code

29333100

Molecular Formula

C5H5N

pyridine

Pyridine is a colourless to yellow liquid synthesized primarily from acetaldehyde, formaldehyde, and ammonia as feedstocks. Known for its characteristic odour, 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.

Packaging Type

Drums

Grades Covered

Industrial

Incoterms Used

FOB JNPT, CIF Southampton (India), CIF Shanghai (India), CIF Jakarta (India), CIF Penang (India)

Synonym

Azabenzene Azine

Quotation Terms:

10-15 MT (India)

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	Specification
Appearance	Clear Colourless liquid
Purity	99.5%
Odour	Characteristic odour
Moisture	0.20% (Max)
Miscibility	Miscible with water

Applications

Pyridine is used mainly as a feedstock/intermediate to make other chemicals including: Picoline (α-, β-, and γ-picoline) Lutidine (α-, β-, and γ-lutidine) Pyridoxine (vitamin B6) Niacin (vitamin B3) Chlorpyrifos (herbicide) Pyrimethanil (fungicide) Nicotine (alkaloid) Quinoline (heterocyclic compound) Isoquinoline (alkaloid precursor) Rubber accelerators (such as N-cyclohexyl-2-benzothiazolesulfenamide, CBS)

Disclaimer

Pyridine price provided by 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. 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.

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Frequently asked questions

What are the key factors affecting Pyridine prices in the market? +

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.

How does regional production impact pyridine pricing? +

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.

What is the latest trend in pyridine pricing, and how can I secure better rates? +

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.