The global Naphthalene Price Trend in Q1 2026 showed mixed movements across major Asian markets, including China, India, and Vietnam. Overall, prices reflected a combination of steady industrial demand, regional supply chain adjustments, and shifting import-export dynamics across key trading hubs.

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Global Overview of Naphthalene Price Trend Q1 2026

During the first quarter of 2026, refined naphthalene prices in Asia experienced moderate volatility. In China, India, and Vietnam, prices generally moved within a range of +1% to +12%, supported by consistent demand from chemical manufacturing, plastics, resins, and industrial applications.

Strong consumption patterns and periodic stock replenishment activities also contributed to stability in the Naphthalene Market, particularly in March 2026. However, regional differences in supply chains and trade flows created contrasting price trends across countries.

China Naphthalene Price Trend Q1 2026

In China, refined naphthalene prices showed a slightly bearish trend during Q1 2026. Prices declined in the range of -7% to -1% on CIF basis and -7% to 0% on FOB terms.

The decline was mainly due to moderate domestic demand and balanced supply conditions. However, in March 2026, prices stabilized as production and consumption levels remained steady. Export activity from China also helped maintain equilibrium in the regional Naphthalene Pricing structure.

Vietnam Naphthalene Market Overview

Vietnam recorded a gradual decline in imported refined naphthalene prices from China during Q1 2026. CIF prices fell between -7% to -1% over the quarter.

The Naphthalene Market in Vietnam remained stable in terms of consumption, but price softness was driven by logistical adjustments and moderate demand conditions. March 2026 showed slight downward pressure due to supply chain optimization and steady import flow.

India Naphthalene Price Trend Q1 2026

India witnessed a contrasting trend compared to other Asian markets. The Naphthalene Price Trend in India turned bullish after initial declines, especially in the domestic Ex-Bhiwandi and CIF Nhava Sheva segments.

• CIF prices increased between -5% to +9%

• Ex-Bhiwandi prices rose between +0.5% to +11%

• March 2026 saw a sharp rise of up to 11.5% in domestic prices

The upward movement was driven by strong industrial demand, logistics disruptions, port congestion, and currency depreciation, which increased import costs. These factors significantly impacted overall Naphthalene Pricing in the Indian market.

Market Drivers & Outlook

Across Asia, the Naphthalene Market was influenced by several key factors:

• Stable production levels in China

• Strong industrial demand from resins and chemical sectors

• Supply chain fluctuations and shipping delays

• Currency and logistics impact in India

Looking ahead, the Naphthalene Forecast suggests that prices may stabilize or slightly ease if supply chains improve and production capacity expands. However, strong downstream demand could continue to support prices in the coming quarters.

Conclusion

Overall, Q1 2026 reflected a mixed performance in global naphthalene markets. While China and Vietnam saw mild corrections, India experienced strong upward momentum due to regional constraints and demand strength. The global Naphthalene Price Trend is expected to remain sensitive to logistics, industrial demand, and feedstock availability.

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About Price Watch™ AI

Price-Watch™ is an independent raw material price reporting agency that provides real-time price forecasts and data-driven insights into global raw material markets. Price-Watch™ specializes in tracking raw material prices, analyzing market trends. and delivering timely updates on plant shutdowns, supply disruptions, capacity expansions, and demand-supply dynamics. The Price-Watch™ platform empowers manufacturers, traders, and procurement professionals to make faster, smarter decisions. Leveraging AI-powered forecasting and over a decade of historical data, Price-Watch™ transforms market volatility into actionable opportunity.

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