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C10 Solvent Price Trend and Forecast

⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026

c10 solvent Markets Covered:

krKorea
inIndia
idIndonesia

Global c10 solvent Price Trend, Analysis and Forecast​

During Q1 2025, the international C10 Solvent market showed modest signs of recovery, with FOB South Korea prices rising slightly to $876/MT, reflecting a 0.81% increase compared to Q4 2024. The price improvement was largely driven by stable demand in downstream applications such as coatings, inks, and industrial degreasing. Similarly, CIF Indonesia (from South Korea) prices edged up to $934/MT, marking a 0.86% increase. The upward movement was supported by improved shipping reliability and modest restocking activity in Southeast Asia. While demand remained relatively soft in some sectors, the overall sentiment turned cautiously optimistic, with buyers gradually increasing procurement amid expectations of price stabilization. 

C10 SolventTrend Analysis: Q2 2025

During Q1 2025, the international C10 Solvent market showed modest signs of recovery, with FOB South Korea prices rising slightly to $876/MT, reflecting a 0.81% increase compared to Q4 2024. The price improvement was largely driven by stable demand in downstream applications such as coatings, inks, and industrial degreasing. Similarly, CIF Indonesia (from South Korea) prices edged up to $934/MT, marking a 0.86% increase. The upward movement was supported by improved shipping reliability and modest restocking activity in Southeast Asia. While demand remained relatively soft in some sectors, the overall sentiment turned cautiously optimistic, with buyers gradually increasing procurement amid expectations of price stabilization. 

In Q1 2025, the Indian C10 Solvent market saw a noticeable price increase, driven by growing demand from the paints, coatings, and construction sectors as post-winter activity picked up across regions. CIF prices rose to INR 85,427/MT, reflecting a 3.74% increase from the previous quarter. On the supply side, tighter availability from South Korea, due to higher domestic demand and logistical challenges, contributed to the upward trend. Buyers in India were actively restocking in anticipation of a strong industrial season. The Ex-Mumbai price also climbed to INR 95,996/MT, showing a 1.80% rise, backed by improved sentiment in the domestic market and firm import costs. 

C10 Solvent Trend Analysis: Q4 2024

In Q4 2024, the C10 Solvent market remained largely stable after a volatile Q3. FOB South Korea prices were quoted at $869/MT, a minor 0.70% uptick, as producers adjusted output in response to prior quarters’ softer demand. CIF Indonesia prices followed a similar trend, rising slightly by 0.54% to $926/MT. Despite this mild increase, buyers maintained conservative purchasing strategies, influenced by year-end budget constraints and high inventory levels. Nevertheless, improved supply chain consistency and steady demand from paints and coatings industries helped support marginal price growth. 

In Q4 2024, the market remained relatively steady but leaned slightly bearish. CIF prices were recorded at INR 82,347/MT, showing a -0.92% decrease from Q3. Although the festive season—including Diwali and year-end celebrations—led to a temporary rise in packaging and coating-related demand, it wasn’t strong enough to drive significant price hikes. Domestic inventories remained comfortable and import volumes from South Korea remained consistent. Interestingly, Ex-Mumbai prices went up slightly to INR 94,295/MT, an increase of 1.39%, possibly influenced by stronger local demand from small businesses finalizing year-end production orders. 

During Q3 2024, the C10 Solvent market experienced a downturn across both domestic and export markets. FOB South Korea prices declined to $863/MT, representing a 6.90% drop from Q2 2024, amid reduced demand from the construction and automotive sectors. CIF Indonesia prices also fell by 4.66%, reaching $921/MT, as regional buyers delayed procurement in anticipation of further price reductions. The decrease was driven by weaker economic activity across Asia, as well as continued volatility in raw material availability and freight costs. 

In Q3 2024, the Indian C10 Solvent market saw a slight dip in pricing. CIF prices were reported at INR 83,109/MT, marking a -2.30% decrease from Q2. Monsoon season slowed down construction and automotive sectors, which in turn reduced solvent consumption. Buyers had already built up stocks earlier in the year, and market sentiment remained cautious. On the supply side, there was no significant disruption in imports from South Korea, resulting in abundant availability. The Ex-Mumbai price followed the downward trend, settling at INR 93,000/MT, a -0.53% decline compared to Q2. 

In Q2 2024, the market showed a modest rebound after a sharp drop in Q1. FOB South Korea prices increased to $927/MT, a 1.98% rise, driven by seasonal demand recovery in coatings and printing ink applications. CIF Indonesia prices also rose by 2.33% to $966/MT, as buyers resumed procurement following earlier inventory drawdowns. Market sentiment improved slightly, bolstered by more predictable shipping schedules and stable feedstock prices, although concerns over long-term demand outlook remained. 

In Q2 2024, the C10 Solvent market rebounded from its earlier softness. CIF prices increased to INR 85,065/MT, showing a 3.26% gain from Q1. Stronger demand came from the resumption of infrastructure and construction activities ahead of the monsoon. Additionally, planned maintenance shutdowns in South Korea and seasonal demand in their domestic market slightly reduced export availability, driving prices higher. Despite rising import costs, Ex-Mumbai prices recorded a small drop to INR 93,500/MT, down by -1.92%, likely due to local suppliers offering competitive pricing to attract buyers before the rainy season. 

During Q1 2024, the C10 Solvent market faced significant downward pressure, with FOB South Korea prices falling to $909/MT, down 11.92% from the previous quarter. CIF Indonesia prices declined to $944/MT, a 9.75% decrease, amid sluggish demand and delayed shipments. The drop was largely attributed to weak industrial activity in key sectors such as automotive refinishing and industrial cleaning, combined with a cautious procurement environment considering macroeconomic uncertainties. Suppliers responded by reducing production, but market sentiment remained soft across the board. 

In Q1 2024, the Indian C10 Solvent market experienced a soft phase. CIF prices were at INR 82,383/MT, showing a slight decrease compared to Q4 2023. This drop was primarily due to weak post-festive demand and existing stock levels in the market. Activity in downstream sectors such as adhesives and coatings remained moderate during this period. Imports from South Korea continued without major disruptions, while domestic consumption slowed due to reduced industrial operations. The Ex-Mumbai price reflected this trend, standing at INR 95,333/MT, showing a -4.35% fall from the previous quarter, marking the sharpest quarterly decline of the year. 

c10 solvent Parameters Covered: 

  • Crude Oil
  • Hydrocarbons (C8-C12 fractions)
  • Catalysts (if required)
  • South Korea 
  • Paints and Coatings Industry (C10 solvents are often used as solvents for paints, coatings, and varnishes due to their ability to dissolve resins and pigments effectively.)
  • Cleaning and Degreasing (Used in industrial cleaning for removing grease, oils, and dirt from machinery and surfaces.)
  • Pharmaceuticals and Cosmetics (Acts as a solvent in formulations for creams, lotions, and medicines.)
  • Indonesia
  • India

Historically, several events have caused significant fluctuations in C10 Solvent prices

  • Geopolitical Events (2019-Present): Trade tensions and geopolitical instability have contributed to periodic price spikes in C10 solvent, especially in South Korea and Southeast Asia. 
  • Oil Price Shocks (2022): The surge in oil prices, driven by supply chain disruptions and the conflict in Ukraine, resulted in higher production costs for C10 solvent. 
  • COVID-19 Pandemic (2020): The pandemic led to initial supply disruptions and a significant drop in demand, followed by a strong recovery as the industrial sector rebounded in late 2021 and 2022. 

 

Future Projections: 

  • South Korea: Price fluctuations expected to continue into 2025, with the market stabilizing towards the end of 2024. 
  • India: Projected to see moderate price increases in 2024, with prices possibly rising by 3-4% by year-end due to increased demand from industrial and pharmaceutical sectors. 
  • Indonesia: Stable pricing expected, though fluctuations in exchange rates may add volatility to import costs.

Specifications

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Historically, several events have caused significant fluctuations in C10 Solvent prices

  • Geopolitical Events (2019-Present): Trade tensions and geopolitical instability have contributed to periodic price spikes in C10 solvent, especially in South Korea and Southeast Asia. 
  • Oil Price Shocks (2022): The surge in oil prices, driven by supply chain disruptions and the conflict in Ukraine, resulted in higher production costs for C10 solvent. 
  • COVID-19 Pandemic (2020): The pandemic led to initial supply disruptions and a significant drop in demand, followed by a strong recovery as the industrial sector rebounded in late 2021 and 2022. 

 

Future Projections: 

  • South Korea: Price fluctuations expected to continue into 2025, with the market stabilizing towards the end of 2024. 
  • India: Projected to see moderate price increases in 2024, with prices possibly rising by 3-4% by year-end due to increased demand from industrial and pharmaceutical sectors. 
  • Indonesia: Stable pricing expected, though fluctuations in exchange rates may add volatility to import costs.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global c10 solvent price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the c10 solvent 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 c10 solvent prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely c10 solvent market data.

Track PriceWatch's c10 solvent 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.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch 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 ethylene production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire ethylene supply chain, from raw material availability (e.g., naphtha, ethane) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact ethylene 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 C10 Solvent 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: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in C10 Solvent demand and corresponding price movements. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global C10 Solvent 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 C10 Solvent 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: PriceWatch 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 C10 Solvent pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations. 

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast ethylene 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: PriceWatch 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 PriceWatch delivers the most accurate, timely, and actionable C10 Solvent pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

C10 Solvent price provided by PriceWatch 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 c10 solvent. PriceWatch 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.

The pricing of C10 Solvent is mainly influenced by factors such as raw material costs (like refined petroleum and other hydrocarbons), fluctuations in supply and demand, and the overall health of industries that utilize C10 solvent, including paints, coatings, cleaning agents, and industrial applications. Additionally, geopolitical events, crude oil prices, and regulatory changes in environmental standards can significantly impact pricing dynamics. The demand for C10 solvent in high-growth regions also plays a role in driving prices.

Regional production directly impacts C10 solvent pricing. Regions with local production, such as parts of Asia-Pacific and the Middle East, can offer more competitive prices due to lower transportation costs and better access to raw materials. In contrast, regions like North America and Europe, which often rely on imports or face higher regulatory costs, may see higher prices due to additional shipping fees, import taxes, and more stringent environmental regulations that affect manufacturing processes.

C10 solvent pricing is currently experiencing upward pressure due to increased demand in key industries such as paints and coatings, alongside rising raw material and energy costs. To secure better rates, companies can negotiate long-term supply contracts, explore alternative suppliers to reduce dependency on a single source, and capitalize on bulk purchasing discounts. Staying informed on global price movements and energy trends can also help businesses lock in more favorable pricing before costs escalate further.

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