For the Quarter Ending September 2025
North America
鈥� In USA, the Tetrahydrofuran Price Index rose by 5.66% quarter-over-quarter, supported by stronger downstream demand.
鈥� The average Tetrahydrofuran price for the quarter was approximately USD 2428.67/MT, reflecting balanced supply and steady procurement.
鈥� Tetrahydrofuran Spot Price firmed on export interest while domestic procurement remained disciplined and contracted consistently.
鈥� Tetrahydrofuran Price Forecast remains cautiously positive as balanced supply and steady feedstock limit volatility ahead.
鈥� Tetrahydrofuran Production Cost Trend showed stability thanks to consistent 1,4-butanediol and energy input pricing dynamics.
鈥� Tetrahydrofuran Demand Outlook highlights steady pulls from PTMEG, spandex and solvent applications sustaining upstream flows.
鈥� Tetrahydrofuran Price Index strength was underpinned by high Gulf Coast output and uninterrupted logistics operations.
鈥� Tetrahydrofuran Spot Price liquidity was constrained by balanced inventories and disciplined seller offer strategies today.
Why did the price of Tetrahydrofuran change in September 2025 in North America?
鈥� Persistent downstream demand from PTMEG and spandex production increased offtake versus prior months, notably August.
鈥� Stable feedstock 1,4-butanediol and quiet energy markets prevented significant production cost escalation during the summer period.
鈥� Balanced inventories and smooth Gulf Coast logistics limited supply shocks while supporting steady export volumes.
Europe
鈥� In Germany, the Tetrahydrofuran Price Index rose by 7.45% quarter-over-quarter, driven by port and rail congestion.
鈥� The average Tetrahydrofuran price for the quarter was approximately USD 2345.33/MT, reflecting balanced domestic and export demand.
鈥� Tetrahydrofuran Spot Price experienced short-term firmness as constrained merchant liquidity and terminal capacity tightened availability.
鈥� Tetrahydrofuran Price Forecast suggests limited near-term upside with potential mild corrections if logistics improve soon.
鈥� Tetrahydrofuran Production Cost Trend remained neutral as butanediol feedstock prices held steady across the quarter.
鈥� Tetrahydrofuran Demand Outlook stayed cautious with hand-to-mouth buying from PTMEG, spandex, and specialty polymer sectors.
鈥� Inventory levels remained comfortable, so the Tetrahydrofuran Price Index flattened despite export flows and stable production.
鈥� Port constraints and rail delays supported seller confidence, underpinning offers reflected in the Tetrahydrofuran Price Index
Why did the price of Tetrahydrofuran change in September 2025 in Europe?
鈥� Port and rail congestion reduced short-term availability, exerting upward pressure on German Tetrahydrofuran prices markets.
鈥� Stable butanediol feedstock limited production cost volatility, preventing significant downward movement in the Price Index.
鈥� Balanced export demand and comfortable inventories encouraged sellers to maintain elevated offers rather than discounting
APAC
鈥� In Japan, the Tetrahydrofuran Price Index fell by 0.78% quarter-over-quarter, pressured by softer downstream demand and ample supply.
鈥� The average Tetrahydrofuran price for the quarter was approximately USD 1403.33/MT, reflecting range-bound market conditions.
鈥� Tetrahydrofuran Spot Price remained range-bound at CFR Tokyo, keeping Tetrahydrofuran Price Index neutral amid balanced inventories.
鈥� Tetrahydrofuran Price Forecast shows modest fluctuations, with analysts expecting sideways to slightly softer movement over short-term horizon.
鈥� Tetrahydrofuran Production Cost Trend reflected stable butanediol costs, limiting pressure on producers' margins and price rises.
鈥� Tetrahydrofuran Demand Outlook remains muted as PTMEG and spandex demand softness restrains incremental offtake this quarter.
鈥� Comfortable inventories, steady imports, and resumed plant operations kept the Tetrahydrofuran Price Index subdued and transactional.
鈥� Rising intra-Asia freight volatility influenced landed costs, pressuring Tetrahydrofuran Spot Price and marginally compressing margins.
Why did the price of Tetrahydrofuran change in September 2025 in APAC?
鈥� Ample domestic output plus uninterrupted imports from China and India increased supply, pressuring spot prices.
鈥� Easing intra-Asia container rates reduced landed CFR costs, lowering price pressure despite monsoon-related port delays.
鈥� Soft PTMEG and spandex demand with stable BDO costs kept production economics steady; demand subdued.
For the Quarter Ending June 2025
North America
鈥� The Tetrahydrofuran Price Index in the U.S. recorded a stable-to-slight increase in Q2 2025. This upward trend was supported by consistent demand from key sectors like pharmaceuticals, coatings, and polymers.
鈥� The July price uptick was attributed to steady downstream consumption and minor increases in feedstock prices, particularly butanediol (BDO), which shaped the Tetrahydrofuran Production Cost Trend.
鈥� The Tetrahydrofuran Spot Price hovered between USD 2180鈥�2250/MT FOB Texas, with minimal week-to-week volatility. Limited supply chain constraints and firm supplier pricing kept the market well-balanced.
鈥� THF producers maintained steady output post-holiday, with moderate capacity utilization. Conservative procurement behavior limited any major inventory swings.
鈥� The Tetrahydrofuran Demand Outlook in the U.S. remained positive due to stable seasonal usage in polymer and pharmaceutical applications. Buyers adjusted procurement cautiously in response to broader macroeconomic signals, but overall demand showed resilience.
鈥� Despite tariff-related uncertainty, including ongoing China-U.S. trade tensions, no significant disruptions were observed in end of the quarter domestic supply chain.
Asia-Pacific (South Korea)
鈥� South Korea's Tetrahydrofuran Price Index witnessed a marginal rise in July 2025, primarily due to stable demand and cautious production aligned with post-holiday restocking cycles.
鈥� The July price change reflected increased export orders to Southeast Asia and the EU, despite broader global demand headwinds. Falling logistics costs and feedstock stability helped cushion the Tetrahydrofuran Production Cost Trend.
鈥� The Tetrahydrofuran Spot Price in South Korea ranged between USD 2200鈥�2300/MT CFR Busan, supported by consistent purchasing from the fiber, electronics, and automotive sectors.
鈥� While much of South Korea鈥檚 THF is imported from China, domestic production remained steady. The strong logistics infrastructure mitigated freight-related cost pressures.
鈥� The Tetrahydrofuran Demand Outlook remained steady, buoyed by demand from high-tech manufacturing (e.g., spandex and specialty polymers). Strategic export targeting helped maintain consumption levels despite softer global industrial growth.
鈥� Although feedstock prices like butanediol (BDO) were stable, South Korea remained exposed to shifts in Chinese trade behavior due to its reliance on THF imports from Chinese suppliers.
Europe (Germany)
鈥� Germany's Tetrahydrofuran Price Index remained flat in July 2025, reflecting a stagnant yet stable market. No significant price swings were observed due to balanced supply-demand dynamics.
鈥� The unchanged price trend was driven by steady raw material costs (BDO) and modest industrial output gains, which helped maintain a flat Tetrahydrofuran Production Cost Trend.
鈥� Supply chains functioned smoothly, and THF manufacturing continued at stable levels with low capacity utilization, helping prevent oversupply. Inventory management remained a priority for producers.
鈥� The Tetrahydrofuran Demand Outlook in Germany remained cautiously stable. Demand from end-use sectors such as coatings, pharmaceuticals, and polymer production held firm, supported by a needs-based procurement strategy from buyers.
鈥� While broader economic risks persisted, Germany鈥檚 rational inventory control and supply predictability helped maintain market calm through July.
For the Quarter Ending March 2025
North America
In Q1 2025, Tetrahydrofuran (THF) prices in the U.S. experienced a generally stable trend, driven by weak demand from key sectors like PTMEG and spandex, alongside fluctuating feedstock costs.聽
The quarter began with stagnation in early January as reduced downstream activity, particularly in the spandex industry, coupled with falling butanediol prices, led to softer pricing. By mid-quarter, slight price upticks were observed as feedstock costs stabilized, although the overall demand outlook remained cautious due to slower domestic manufacturing and macroeconomic uncertainties. Despite this, the resumption of production after maintenance and a steady supply of butanediol helped mitigate price declines.聽
The impact of rising crude oil prices added some pressure on production costs, but the steady supply of raw materials provided stability. As downstream industries gradually resumed post-holiday, demand-driven purchasing helped stabilize the market. The overall price trend remained relatively flat with minor fluctuations, reflecting a cautious yet balanced market influenced by global trade concerns and moderate production recovery.聽
APAC
In Q1 2025, Tetrahydrofuran (THF) prices in the APAC region experienced fluctuations driven by weak demand and varying feedstock costs. The quarter began with a decline in prices due to reduced demand from the spandex and PTMEG sectors, compounded by lower butanediol (BDO) prices and operational disruptions during the Chinese New Year. As production resumed post-holiday, demand for THF in downstream industries, particularly weaving, gradually picked up, leading to a modest recovery in prices in February and March. While BDO costs remained stable and showed signs of recovery, this helped stabilize THF prices and avoid further declines. However, macroeconomic concerns, such as potential geopolitical tensions and global trade uncertainties, weighed on market sentiment. Despite these challenges, the quarter ended with a cautious stabilization in THF prices, as production ramped up and downstream industries adjusted to market conditions.聽
Europe
In Q1 2025, the Tetrahydrofuran (THF) market in Germany saw minimal price movement, largely due to weak demand from key sectors such as spandex, PTMEG, and polymer solvents. This stagnation was further supported by a decline in feedstock (butanediol) prices, which helped reduce production costs, alongside falling energy prices. Despite stable raw material prices, demand projections remained weak, influenced by macroeconomic concerns, ongoing supply chain disruptions, and the impact of the holiday season. Throughout the quarter, THF prices showed slight fluctuations, driven by shifting feedstock costs and a subdued demand outlook. Production in Germany remained constrained, with port congestion and operational inefficiencies affecting supply chains, although production gradually picked up as downstream industries resumed post-holiday activity. The European Commission's push for sustainable textile practices also added complexity to the market dynamics. By the end of Q1 2025, THF prices stabilized due to steady feedstock availability, but the overall outlook remained cautious as demand remained tepid, influenced by both local economic conditions and broader global factors.聽
For the Quarter Ending December 2024
North America
In Q4 2024, the U.S. Tetrahydrofuran (THF) market experienced a decline in prices, primarily due to weaker demand from key manufacturing sectors such as spandex, PTMEG, and polymer solvents. THF, an essential solvent in the polymer industry, saw reduced demand for its use in dissolving polyolefins, polyesters, and polystyrenes.聽
Contributing to the price drop were lower feedstock (butanediol) prices, falling energy costs, and persistent supply chain challenges. The decrease in butanediol prices notably lowered the production costs for THF, resulting in a softer market outlook. Domestic THF production remained limited, while import volumes at major U.S. ports were expected to exceed previous projections as retailers prepared for potential strikes at East and Gulf Coast ports and anticipated tariff increases.
Despite these logistics concerns, the prices of naphtha and butanediol continued to decline, further applying downward pressure on THF prices. Overall, demand remained subdued, with market sentiment tempered by broader macroeconomic uncertainties.
APAC
In Q4 2024, the Tetrahydrofuran (THF) market in the APAC region experienced a decline in prices, primarily driven by reduced demand from key sectors such as PTMEG and spandex. The spandex industry, in particular, faced a significant downturn in demand, which worsened the supply-demand gap and further pressured market prices.聽
Falling feedstock prices, particularly for butanediol, contributed to the softer pricing, as lower production activity in the spandex sector impacted the market. Domestic production of THF in the region remained subdued, with weaker demand projections from both local and international markets. While some major producers in APAC restarted production lines after maintenance, the overall market remained cautious.聽
Fluctuating crude oil prices added upward pressure on THF prices but were insufficient to counter the overall downward trend. Macroeconomic uncertainties, along with disruptions caused by upcoming holidays, contributed to weakened market sentiment, further dampening demand expectations in the region.
Europe
In Q4 2024, the Tetrahydrofuran (THF) market in Europe experienced a continued decline in prices, primarily driven by weaker demand from key sectors such as PTMEG and spandex. The spandex industry faced a significant reduction in demand, which exacerbated the imbalance between supply and demand. Falling feedstock costs, particularly for butanediol, further pressured prices, as reduced production activity in downstream industries contributed to a softer market outlook.聽
The domestic production of THF in Europe remained subdued, with limited growth in both local and international demand. Some producers had restarted production lines after maintenance; however, the overall market sentiment remained cautious.聽
The decline in crude oil prices provided limited support to THF prices, unable to offset the downward pressure. Additionally, macroeconomic challenges and regional disruptions, including the approaching holiday season, dampened demand expectations, contributing to a further weakening of market sentiment and preventing any significant recovery in prices.
