Hexane Prices

Hexane Price Trend and Forecast

Track the latest insights on hexane price trend and forecast with detailed analysis of regional fluctuations and market dynamics across Europe, North America, Middle East & Africa, Asia Pacific, and Latin America.

Hexane Prices Q1 2025

During the first quarter of 2025, the hexane prices in the USA reached 1,637 USD/MT in March. The supply chain faced significant disruptions, including transportation delays and political instability. These disruptions caused production bottlenecks, leading to shortages of raw materials needed for hexane production. Consequently, the availability and pricing of hexane were affected. ​

During the first quarter of 2025, the hexane prices in China reached 1,216 USD/MT in March. As evident by the hexane price chart, there were price fluctuations. Demand from industries like paint and coatings, coupled with increased automobile production and new energy vehicle popularity, spurred demand for hexane. Besides, fluctuations in crude oil prices, a key feedstock for hexane production, impacted production costs and subsequently, hexane prices. 

During the first quarter of 2025, the hexane prices in the Netherlands reached 1,158 USD/MT in March. Limited feedstock transport capacities and rising industrial usage contributed to price fluctuations. Besides, stricter environmental regulations concerning solvent emissions and volatile organic compounds (VOCs) influenced production costs.

During the first quarter of 2025, the hexane prices in South Korea reached 1,834 USD/MT in March. South Korea's reliance on imported feedstocks made its hexane market susceptible to global supply chain disruptions. Delays in export restrictions in other regions contributed to inconsistent feedstock availability, affecting hexane supply and pricing. ​

Hexane Prices Q4 2024

During the last quarter of 2024, the hexane prices in the USA reached 1568 USD/MT in December. Hexane production improved in the United States due to robust natural gas output. However, poor export pipelines and limited domestic demand caused stockpiles to accumulate, which pushed prices down. Short-term winter-related demand temporarily raised prices, although the increase was short-lived. The regional market remained oversupplied and found it difficult to efficiently clear inventory at the end of the quarter.

During the last quarter of 2024, the hexane prices in China reached 1190 USD/MT in December. As per the hexane price chart, the manufacturing of resin and polymers was the main driver of China's steady hexane consumption. However, reliance on imports and inadequate ethane receiving terminals created supply challenges. Pricing instability was exacerbated by Chinese buyers experiencing procurement delays even as global ethane output increased. Although the demand outlook remained stable, ongoing logistical problems affected procurement schedules, which led to sporadic changes in domestic market prices.

During the last quarter of 2024, the hexane prices in the Netherlands reached 1123 USD/MT in December. The market saw moderate price fluctuation due to restricted feedstock transport capacities and rising industrial usage. The lack of ethane transportation infrastructure in the area has persisted, limiting downstream parts' access to timely hexane supply. The lack of logistical scalability caused sourcing to be unpredictable and put pressure on market pricing at this time due to the continued high level of industrial demand.

During the last quarter of 2024, the hexane prices in South Korea reached 1805 USD/MT in December. The demand for hexane stayed stable due to its continuous use in the plastics and petrochemical industries. However, export restrictions and ethane terminal expansion delays made it difficult to get reliable feedstock supply. Price swings were caused by these logistical issues as well as irregularities in the global supply. Throughout the quarter, the market's reliance on imports made it vulnerable to global shocks and produced an uncertain price environment.

During the last quarter of 2024, the hexane prices in Saudi Arabia reached 1511 USD/MT in December. Prices in Saudi Arabia, a major exporter, fluctuated due to a combination of factors including, weakened demand from key import markets like China and India, economic slowdowns, seasonal influences, lower production, oversupply, and falling raw material costs. 

Hexane Prices Q4 2023

The hexane prices in the United States for Q4 2023 reached 1,188 USD/MT in December. The prices maintained a steady course due to a well-balanced supply and demand dynamic. The relative stability of crude oil prices played a significant role in keeping the market calm, avoiding major price swings, and ensuring a predictable market environment for stakeholders.

The price trend for hexane in the Netherlands for Q4 2023, reached 1,272 USD/MT in December. Hexane prices in the Netherlands exhibited trends resembling those observed throughout Europe, with price swings mostly driven by shifts in the price of crude oil. Due to the holiday season, the market witnessed lower demand as the year came to an end. This resulted in a more muted market mood amid changing economic conditions and supply chain adjustments.

Regional Coverage

The report provides a detailed analysis of the hexane market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the hexane price trend.

Global Hexane Price Trend

The report offers a holistic view of the global hexane pricing trends in the form of hexane price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into hexane historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into hexane price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed hexane demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape. 

Europe Hexane Price Trend

Q1 2025:

As per the hexane price index, ethane, a vital feedstock for the manufacturing of hexane, had some supply problems in the European market. Constraints on specialized transport capacity and probable export restrictions hindered the timely delivery of ethane, leading to some market volatility. Besides, the manufacturing and automotive sectors in Europe experienced demand for hexane, leading to some upward pressure on prices. 

Q4 2024:

As per the hexane price index, strong end-use demand in manufacturing and automotive operations was a major factor in the periodic price changes that the European hexane market experienced. Due to limitations in specialized transport capacity and ethane logistics, feedstock procurement became an issue as industrial activity increased. Supply channels were further hindered by export restrictions, particularly for downstream businesses that depended on continuous hexane inputs. Short-term price swings were caused by these structural constraints as well as uncertainty around regular ethane deliveries, leaving purchasers unsure of future cost patterns.

In Europe, hexane prices displayed variability throughout the year, especially between the third and fourth quarters. This fluctuation was primarily driven by shifts in crude oil prices, which affected the cost structure of hexane. As the end of the year neared, the market experienced reduced downstream demand, influenced by the holiday period. This decline in demand, combined with the fluctuating price of feedstock materials, contributed to an overall atmosphere of uncertainty in the European hexane market, reflecting mixed market sentiments and economic conditions.

This analysis can be extended to include detailed hexane price information for a comprehensive list of countries. 

North America Hexane Price Trend

Q1 2025:

Demand from key industries, such as edible oil extraction, pharmaceuticals, and adhesives, varied during this period. These fluctuations in consumption affected the balance between supply and demand, leading to price changes. ​Besides, significant inventory levels in the U.S. market led to subdued buying activities, as companies focused on utilizing existing stocks. This cautious approach in procurement influenced market dynamics and pricing for hexane.

Q4 2024:

Due to high natural gas processing rates, particularly in the United States, hexane output in North America remained high. As domestic consumption was slow, there was excess inventory, which raised prices. Although there was some increase in export activity, with cargo going to Asian markets, large volume transfers were impeded by insufficient infrastructure. The mismatch was unabated even by a brief price recovery brought on by seasonal variations in temperature and growing gas prices. Overstretched export ports and persistently high storage levels made it difficult for the regional market to stabilize in Q4.

In the United States, the market prices remained relatively stable compared to other global markets toward the end of the year. This steadiness was primarily due to a balanced supply-demand scenario, where production levels and consumption rates aligned closely. Additionally, crude oil prices in the region were consistent, contributing to the overall stability of the hexane market. This equilibrium helped maintain predictable market dynamics, minimizing significant fluctuations and providing a stable environment for both suppliers and buyers.

Specific hexane historical data within the United States and Canada can also be provided. 

Middle East and Africa Hexane Price Trend

As shown in the hexane price chart, the demand for hexane was sustained due to the growth of downstream industries, such as paint and coatings, which are significant in the Middle East and Africa. Changing demand from these industries led to increased hexane consumption. Besides, fluctuations in crude oil prices, influenced by global supply and demand dynamics and geopolitical events, directly translated into changes in hexane prices.

In addition to region-wise data, information on hexane prices for countries can also be provided. 

Asia Pacific Hexane Price Trend

Q1 2025:

As crude oil prices rose and fell, hexane prices also experienced similar movements, with fluctuations in feedstock naphtha costs also playing a role. In early 2025, global oil markets experienced volatility due to geopolitical tensions and shifts in oil production, leading to corresponding changes in hexane prices.

Q4 2024:

Despite sporadic supply interruptions that created market concern, hexane consumption in Asia remained steady. Consistent offtake was supported by manufacturing demand, especially from the manufacture of plastic and resins in China and India. However, unfinished infrastructure upgrades caused supply bottlenecks in the area, particularly at ethane receiving sites. Asian purchasers found it difficult to obtain consistent supplies as a result of these logistical delays and the greater supply of ethane from the United States.

Hexane prices in Asia were notably volatile during the end of the year, largely due to fluctuating crude oil prices, which influenced the cost of hexane as a derivative product. The instability in production expenses and inconsistent downstream demand further complicated the market. As the year ended, these factors, coupled with increased energy and manufacturing costs around the New Year holidays, led to noticeable changes in pricing trends. These dynamics resulted in an unpredictable market environment, reflecting both external economic pressures and regional supply chain disruptions.

This hexane price analysis can be expanded to include a comprehensive list of countries within the region. 

Latin America Hexane Price Trend

Latin America's hexane market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in hexane prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the hexane price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing hexane pricing trends in this region.

This comprehensive review can be extended to include specific countries within the region.

Hexane Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Hexane Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of hexane pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of hexane at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of hexane price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing hexane price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Hexane Industry Analysis

The global hexane market size reached USD 2.72 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 3.6 Billion, at a projected CAGR of 2.95% during 2025-2033.

• To extract vegetable oil from seeds and crops, including corn, soyabean, and sunflower, hexane, is highly preferable. The extraction of high-purity oil is possible because of hexane, which is also important to maintain the nutritional and commercial value of edible oils. The cost-effectiveness and scalability of hexane-based extraction makes hexane a precursor for large-scale industrial operations. It also helps in meeting the global demand for edible oils.
• A positive trend for the market is also created by its utilization as a solvent to produce adhesives and sealants, which play a crucial role in dissolving various components while ensuring a consistent mixture.
• The IMARC Group’s report shows that global textile market size reached US$ 1,027.0 Billion in 2023. In the textile industry, for removing impurities and oil from fabrics, hexane is employed in the processing of textiles. Dyeing and finishing processes also rely on hexane, as it finds applications as a solvent for dyes and finishing agents.
• In the paint and coatings industry, hexane is used as a thinner to improve the application process and ensure smooth finishes on surfaces. In addition, to make sure that final products in the leather and textile industry are free from grease and other contaminants, hexane is utilized in degreasing and cleaning these products.
• The hexane demand is further amplified by the rising consumption of pharmaceutical products around the world. To purify and separate pharmaceutical compounds, hexane is very important. It is also valued due to its ability to produce high quality of medications while extracting active pharmaceutical ingredients from plant materials and other sources. To synthesize various drugs, hexane is used as a solvent owing to its capability to facilitate chemical reactions.
• According to an article published on the website of the US Department of Agriculture (USDA) in 2023, world agricultural output increased at an average annual rate of 2.3% over the last six decades. In the formulation of herbicides, pesticides, and insecticides, hexane is very important to dissolve active ingredients and create stable mixtures. Farmers rely on agricultural sprays, which are made from hexane, to ensure even application of chemicals on crops.

Hexane News

The report covers the latest developments, updates, and trends impacting the global hexane industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in hexane production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the hexane price trend.

Latest developments in the hexane industry:

• In 2024, Exxon Mobil Corporation acquired Pioneer Natural Resources Company to create an unconventional business with the largest and high-return development potential in the Permian Basin.
• In 2024, Sinopec and TotalEnergies signed a strategic cooperation framework agreement in Paris to jointly explore more collaboration opportunities in various business areas.

Product Description

Hexane is a hydrocarbon molecule with the chemical formula C₆H₁₄, which is categorized as an alkane because of its saturated carbon-hydrogen bonds. It is a colorless, volatile liquid with a slight odor that is typically generated from petroleum or crude oil. It is noted for its low boiling point and nonpolarity, making it an ideal solvent for a variety of uses.

Hexane is largely utilized as a solvent in the commercial extraction of edible oils from seeds and vegetables, which is required to produce culinary oils, such as soybean, maize, and olive oil. Its ability to dissolve fats and oils makes it essential in this extraction procedure, resulting in significant quantities of pure oil. Furthermore, hexane is used in the formulation of glues and adhesives, particularly in the production of footwear and leather products that require strong bonding agents.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of hexane pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting hexane price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The hexane price charts ensure our clients remain at the forefront of the industry.