Hexane

Hexane Market Dynamics Report (Recent Commodity Market Intelligence)

I. Market Price Dynamics

1. Latest Quotations:
- On May 26, 2026, Shandong Zhihengda Import & Export Co., Ltd. quoted RMB 11,300 per metric ton (tax-inclusive) for premium-grade n-hexane (purity ≥99%, packaged in 132 kg drums), with delivery in Shandong Province.
- On May 23, 2026, Qingdao Shengze Chemical Co., Ltd. quoted RMB 7,800 per metric ton for domestic n-hexane (purity ≥99.9%) in Shandong Province; this price has remained stable over multiple days.
- On May 23, 2026, Liaocheng Yuanze Chemical Products Co., Ltd. quoted RMB 11,800 per metric ton for domestic premium-grade n-hexane (purity ≥99%, 132 kg drums) in Liaocheng City, Shandong Province; on the same day, the company quoted RMB 8,900 per metric ton for another grade of domestic n-hexane (purity ≥99%).
- On May 23, 2026, Shandong Laya Chemical Co., Ltd. quoted RMB 6,400 per metric ton for domestic n-hexane in Zibo City, Shandong Province.

2. Price Fluctuations:
- According to B2B data platform Shengyishe, the benchmark price of n-hexane declined slightly from RMB 7,650 per metric ton on May 14 to RMB 7,500 per metric ton on May 23.
- The reference price on May 11 was RMB 7,650.00 per metric ton, representing a 4.08% decrease compared to RMB 7,975.00 per metric ton on May 1.

II. Supply and Demand Conditions

1. Supply Situation:
- Suppliers are widely distributed across provinces including Shandong, Jiangsu, and Guangdong, offering n-hexane products in various purities and specifications.
- Some suppliers—such as Dongguan Xindu Chemical Co., Ltd.—possess comprehensive warehousing and logistics systems, enabling stable supply and rapid response services.

2. Demand Situation:
- n-Hexane is extensively used in vegetable oil extraction, rubber and adhesive manufacturing, electronic cleaning, pharmaceutical synthesis, and coatings.
- With sustained expansion of downstream industries—including electronics and pharmaceuticals—demand for high-purity n-hexane continues to rise.

III. Key Market Influencing Factors

1. Raw Material Prices:
- Naphtha—the primary feedstock for n-hexane production—exerts a direct impact on production costs. Recent increases in naphtha prices have provided some upward support to n-hexane pricing.

2. Environmental Regulations:
- Policies targeting VOC (Volatile Organic Compound) emissions are driving industry transformation toward higher purity, lower impurity content, and eco-friendly packaging—raising quality requirements for n-hexane products.

3. International Crude Oil Prices:
- Fluctuations in global crude oil prices indirectly affect the n-hexane market through their influence on raw material costs and transportation expenses.

IV. Analysis, Outlook, and Risk Assessment

1. Price Trend Outlook:
- In the short term, n-hexane prices are likely to experience minor fluctuations, influenced by raw material cost volatility and supply-demand dynamics.
- Over the longer term, increasing demand for high-purity n-hexane from downstream sectors—and tightening environmental regulations—are expected to support steady, moderate price growth.

2. Market Trends:
- High-purity n-hexane is poised to become the mainstream product, meeting stringent requirements of high-end applications in electronics and pharmaceuticals.
- Suppliers will place greater emphasis on product quality, regulatory compliance, service excellence, and responsiveness to gain competitive advantage.
- Digitalized supply chain management and green chemical principles will gradually become widespread, propelling the industry toward higher quality and greater sustainability.

3. Risk Alerts:
- Significant volatility in raw material prices may exert substantial pressure on n-hexane pricing.
- Evolving environmental policies could introduce uncertainties for the industry; suppliers are advised to closely monitor policy developments and promptly adjust production strategies accordingly.