India
China
Malaysia
United Kingdom
Indonesia
GermanyAccording 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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
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
Pyridine 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.
| Property | Specification |
| Appearance | Clear Colourless liquid |
| Purity  | Min. 99.8% |
| Odour | Characteristic odour |
| Moisture | 0.20% (Max) |
| Miscibility | Miscible with water |
Pyridine Applications
Pyridine is used mainly as a feedstock/intermediate to make other chemicals including:Â
Picoline (α-, β-, and Îł-picoline)Â
Lutidine (α-, β-, and Îł-lutidine)Â
Pyridoxine (vitamin B6)Â
Niacin (vitamin B3)Â
Chlorpyrifos (herbicide)Â
Pyrimethanil (fungicide)Â
Nicotine (alkaloid)Â
Quinoline (heterocyclic compound)Â
Isoquinoline (alkaloid precursor)Â
Rubber accelerators (such as N-cyclohexyl-2-benzothiazolesulfenamide, CBS)Â
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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
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.Â
These events underscore the pyridine 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 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.
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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.Â
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
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
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.
| Property | Specification |
| Appearance | Clear Colourless liquid |
| Purity  | Min. 99.8% |
| 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:Â
Picoline (α-, β-, and Îł-picoline)Â
Lutidine (α-, β-, and Îł-lutidine)Â
Pyridoxine (vitamin B6)Â
Niacin (vitamin B3)Â
Chlorpyrifos (herbicide)Â
Pyrimethanil (fungicide)Â
Nicotine (alkaloid)Â
Quinoline (heterocyclic compound)Â
Isoquinoline (alkaloid precursor)Â
Rubber accelerators (such as N-cyclohexyl-2-benzothiazolesulfenamide, CBS)Â
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.