In Q1 2025, the Tetrahydrofuran (THF) market showed varying price trends across different regions. In China, 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, 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.f








