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United Arab EmiratesIn Q1 2025, the Tetrahydrofuran (THF) market showed varying price trends across different regions. In China, Tetrahydrofuran prices decreased by 3.0%, settling at $1492/MT, due to ongoing challenges in domestic consumption and industrial demand. Egypt saw a decline of 3.6%, with prices dropping to $1691/MT, primarily because of reduced demand from the chemicals and manufacturing industries. Saudi Arabia experienced a smaller decline of 1.9%, with prices at $1791/MT, as demand, both domestically and for exports, remained sluggish.
South Korea’s prices fell by 3.1%, reaching $1520/MT, driven by weak economic conditions impacting industrial consumption. Taiwan, in contrast, saw a modest increase of 2.0%, with prices rising to $1887/MT, thanks to steady domestic demand. Thailand recorded a more significant drop of 5.3%, with prices falling to $1533/MT, as key industries showed weaker consumption.
The UAE experienced a 2.0% decline, with prices falling to $1861/MT, due to lower demand in construction and industrial sectors. In Vietnam, Tetrahydrofuran prices increased by 1.7%, reaching $1989/MT, fueled by consistent demand from the chemicals and pharmaceuticals sectors. Overall, Q1 2025 was marked by price reductions in several regions due to weaker demand, while Taiwan and Vietnam experienced price increases driven by specific sectoral needs.
In Q4 2024, the THF market saw price drops in most regions. China experienced a notable 8.7% decrease, with prices falling to $1538/MT, as both domestic consumption and industrial recovery remained weak. Egypt saw a 9.5% drop, with prices falling to $1754/MT, due to reduced demand from the chemicals and manufacturing sectors. Saudi Arabia’s prices dropped by 5.9%, reaching $1825/MT, as demand remained subdued.
South Korea saw an 8.6% decline, with prices falling to $1568/MT, reflecting a lack of economic momentum. Taiwan recorded a 7.8% decrease, with prices falling to $1849/MT, driven by a slowdown in industrial output. Thailand’s prices fell by 7.4%, reaching $1618/MT, as sectors like textiles and automotive showed reduced demand. The UAE saw a 6.1% drop, with prices falling to $1899/MT, influenced by weaker demand in construction and industrial sectors.
Vietnam also recorded a 7.5% decrease, with Tetrahydrofuran prices falling to $1955/MT, due to reduced demand in chemicals and pharmaceuticals. Overall, Q4 2024 was marked by a broad weakening of the market, with most regions facing price declines due to slower demand and economic challenges.
In Q3 2024, the Tetrahydrofuran market showed positive price movements across multiple regions. China saw a modest 1.4% increase, with prices rising to $1685/MT, as domestic demand stabilized. Egypt experienced a significant 6.2% increase, reaching $1938/MT, driven by higher demand from the chemicals and pharmaceuticals sectors. Saudi Arabia’s prices rose by 2.4%, reaching $1939/MT, supported by stable demand from industrial sectors.
South Korea’s THF prices increased by 1.9%, reaching $1715/MT, due to consistent demand in key applications. Taiwan’s prices rose by 1.4%, reaching $2006/MT, driven by strong demand in manufacturing and coatings. Thailand saw a 2.7% increase, with prices reaching $1748/MT, as recovery in textiles and automotive demand helped lift prices.
The UAE recorded a solid 3.7% increase, with prices reaching $2023/MT, driven by robust demand in construction and industrial sectors. Vietnam experienced a 3.1% increase, with prices rising to $2113/MT, supported by growth in pharmaceuticals and chemicals. Overall, Q3 2024 saw positive trends, driven by recovery in sector-specific demand, despite broader economic uncertainties.
In Q2 2024, the Tetrahydrofuran market displayed mixed trends across regions. China saw a 4.1% decline, with prices falling to $1662/MT, due to lower demand from chemicals and automotive industries. Egypt’s prices decreased by 2.9%, falling to $1826/MT, as industrial activity slowed. Saudi Arabia recorded a slight 0.8% decline, with prices at $1893/MT, reflecting moderate demand. South Korea saw a 4.0% drop, with prices falling to $1683/MT, impacted by weaker industrial growth.
Taiwan experienced a 2.4% rise, with prices reaching $1977/MT, driven by steady domestic demand. Thailand’s prices dropped by 3.9%, reaching $1702/MT, reflecting weaker consumption in key industries. The UAE saw a minor drop of 0.5%, with prices at $1951/MT. Vietnam, however, recorded a 2.7% increase, with prices rising to $2049/MT, supported by growing demand from pharmaceuticals and chemicals. Overall, Q2 2024 was marked by mixed performance, with some regions seeing declines and others, like Vietnam, seeing growth.
In Q1 2024, the Tetrahydrofuran market exhibited mixed trends across regions. In China, Tetrahydrofuran prices rose by 2.0%, reaching $1734/MT, supported by stable demand in chemicals and automotive sectors. Egypt recorded a 7.2% increase, with prices rising to $1880/MT, driven by strong demand in industrial and manufacturing sectors. Saudi Arabia saw a 2.8% decline, with prices falling to $1908/MT, due to weaker domestic demand.
South Korea experienced a 2.6% increase, with prices rising to $1753/MT, as demand from electronics and automotive industries remained steady. Taiwan saw a slight 0.8% decrease, with prices falling to $1930/MT, reflecting a slowdown in domestic consumption. Thailand recorded a 3.2% rise, with THF prices reaching $1770/MT, driven by demand from textiles and coatings.
The UAE saw a 1.1% drop, with prices at $1960/MT, influenced by lower demand in construction. Vietnam saw a 1.2% increase, with prices rising to $1995/MT, supported by growth in chemicals and pharmaceuticals. Overall, Q1 2024 was characterized by a blend of rising and falling prices, driven by regional demand fluctuations and external market conditions.
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These events underscore the Tetrahydrofuran market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
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Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Tetrahydrofuran (THF) is a colorless, flammable liquid with a characteristic ether-like odor. With the chemical formula C4H8O, THF is a cyclic ether widely used as a solvent in various industrial applications. It is commonly employed in the production of polymers, including polyurethane and PVC, and serves as a solvent in coatings, adhesives, and coatings for electronics. THF is also used in the pharmaceutical industry and in laboratory settings for chemical synthesis and extraction. It has a low viscosity, high solubility in water, and is highly effective at dissolving a wide range of substances, making it versatile in multiple sectors.
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.
| Properties | Specifications |
| Purity (wt %) | ≧ 99.8 |
| Appearance | Clear Transparent Liquid |
| Color | ≦ 10 APHA |
| Moisture (wt %) | ≦ 0.02 |
| Specific Gravity | 0.887 (liq.) @ 20℃ |
| Melting Point (℃) | -108.5℃ |
| Boiling Point (℃) | 65.6℃ |
Applications
Tetrahydrofuran (THF) is a crucial component in the automotive industry, primarily used in the production of polyurethanes for seats and interior parts due to its durability and flexibility. It serves as a solvent in adhesives and sealants for strong bonding of various materials, and is also integral to automotive coatings and paints, enhancing application properties and finish quality.
Tetrahydrofuran (THF) prices are influenced by factors such as supply and demand dynamics, raw material costs (particularly butadiene and propylene oxide), and production capacity. Fluctuations in demand from key industries, such as automotive, pharmaceuticals, and coatings, can drive price volatility. Additionally, shifts in crude oil prices, global trade policies, and geopolitical events, especially in major production regions like Asia, can also impact THF pricing. Procurement managers should monitor these variables to make strategic purchasing decisions.
The availability of key feedstocks like butadiene and propylene oxide significantly influences THF pricing. Any disruption in the supply of these materials, due to production issues, natural disasters, or increased competition from other sectors, can lead to higher THF prices. Conversely, a surplus in feedstock availability may lower prices. Procurement heads should stay informed on feedstock supply conditions and engage with suppliers to secure stable pricing and avoid supply shortages.
Regional price differences for THF are impacted by factors such as local production capacity, supply chain infrastructure, labor costs, and transportation expenses. For example, prices in North America may differ from those in Europe or Asia due to varying production costs and regional demand patterns. Understanding these disparities allows procurement managers to optimize sourcing strategies, such as taking advantage of lower-priced regions or negotiating long-term contracts with suppliers. Regional insights can enhance procurement efficiency and cost control.
The price outlook for Tetrahydrofuran is influenced by factors like feedstock availability, demand recovery in key sectors, and overall economic conditions. While prices have shown volatility in recent months, a potential stabilization or moderate price increase is expected as demand recovers in industries like automotive and pharmaceuticals. Procurement heads should monitor market trends closely, secure favorable contracts during lower-price periods, and diversify supplier networks to mitigate risks from price fluctuations. Regular market analysis and forecasting will be crucial for effective procurement planning.
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