Naphthalene Price Trends, Forecast, Chart, Prices And Index in India

The Naphthalene Price Trend in India showed a strong upward movement during Q2 2026, with prices supported by steady industrial demand, controlled availability, and regular purchasing from downstream industries.

During the quarter, refined naphthalene prices in India increased by 18% on a CIF India basis, while the Mumbai market recorded a 24% rise on an Ex-Mumbai basis compared with the previous quarter average.

 Demand from phthalic anhydride production, dyes, pigments, construction chemicals, and other chemical-processing applications played an important role in this increase. Import expenses, distributor activity, inventory levels, and supply conditions also influenced the market during the quarter.

Naphthalene is an important industrial chemical that is used in several manufacturing processes. It is especially relevant to industries producing phthalic anhydride, dyes, pigments, resins, construction chemicals, and specialty chemical products.

Because of this wide industrial use, its price can change when downstream demand becomes stronger or weaker. The Indian market also depends on imported material, so shipping costs, port conditions, currency movements, and availability from overseas suppliers can affect domestic prices.

The Q2 2026 market was different from some of the softer conditions seen during 2025. In 2025, Indian naphthalene prices experienced periods of weakness because of seasonal slowdowns, high inventories, moderate demand, and changes in import activity.

The market became more stable toward the end of the year, but pricing remained sensitive to supply and purchasing patterns.

 

👉👉👉Please submit your query to get Naphthalene Price Trend, forecast and market price analysis: https://www.price-watch.ai/book-a-demo/ 

 

Naphthalene Prices in India During Q2 2026

The second quarter of 2026 brought a noticeable change in market sentiment. Indian buyers increased purchasing activity as industrial consumption remained steady. The increase was particularly visible in the Mumbai and Bhiwandi markets, where domestic trading conditions reflected both imported costs and local inventory movements.

On a CIF India basis, refined naphthalene prices increased by 18% during Q2 2026 compared with the previous quarter. At the same time, the Mumbai market recorded a 24% increase on an Ex-Mumbai basis.

These movements show how import prices and domestic trading prices can behave differently depending on logistics, distributor margins, inventories, and local buying activity.

April was marked by stronger purchasing activity and consistent industrial usage. Buyers were more active, while supply remained reliable enough to support regular production. This combination helped push prices higher rather than allowing the market to remain at the lower levels seen during some earlier periods.

By June 2026, the Indian refined naphthalene price increased by another 3% compared with the previous month. The movement was supported by stable demand and continued supply requirements. However, the domestic Mumbai market also experienced a 3% decline during June as availability improved and purchasing pressure became weaker. This difference shows why Indian price movements can vary between import benchmarks and local markets.

Main Factors Affecting Naphthalene Prices in India

One of the most important factors behind naphthalene pricing is the cost and availability of feedstock. Refined naphthalene is derived mainly from coal tar, so changes in upstream coal-based processing and feedstock availability can influence production costs and supply.

When feedstock is readily available, producers and suppliers can maintain regular output. When availability becomes tighter, costs can rise and suppliers may become more selective with their offers. The source data also indicates that feedstock-related challenges created occasional cost pressure during Q2 2026, although supply management helped maintain overall market stability.

Demand is another major factor. Naphthalene is not generally purchased only for one application. It moves through several downstream industries, including chemicals, dyes, pigments, plastics-related applications, construction chemicals, and specialty chemicals. When these industries increase production, their requirement for naphthalene can rise as well.

Phthalic anhydride production is particularly important because it represents one of the major downstream applications of refined naphthalene. Strong demand from this segment can therefore provide support to the broader market.

Import costs also have a direct influence on Indian prices. Much of the material entering India is imported, and the source data tracks imported refined naphthalene on a CIF Nhava Sheva basis. Freight, handling, port expenses, and other import-related costs can change the final price paid by Indian buyers.

Currency movement is another factor that cannot be ignored. A weaker Indian rupee can increase the local cost of imported materials even when the international dollar-denominated price does not change significantly. This was visible during Q1 2026, when delays in international shipments, port congestion, and a weaker rupee contributed to higher import costs in India.

Naphthalene Price Trend in India Compared With Q1 2026

The Q1 2026 market provides useful background for understanding the stronger Q2 movement. During the first quarter, the Indian market initially experienced some declines but later turned upward. CIF prices increased within a range of -5% to +9%, while Ex-Bhiwandi prices increased by around +0.5% to +11%. March was particularly strong, with CIF prices increasing by 9.9% and Ex-Bhiwandi prices rising by 11.5%.

The March increase was linked to steady industrial demand, supply constraints, and higher logistics costs. Shipment delays and port congestion also affected the Indian market. These conditions increased the cost and uncertainty associated with importing material.

By Q2, the market had moved into a clearer upward phase. Instead of being driven mainly by logistics problems, the increase was supported by stronger and more consistent downstream consumption, controlled availability, and replenishment activity.

This progression is important because it shows that naphthalene prices do not always move in one direction for a long period. A market can decline when inventories are high and demand is weak, then recover when buyers return and industrial activity improves.

Naphthalene Price Chart

The Naphthalene Price Chart for Q2 2026 would show a clear upward movement in the Indian market compared with Q1. The overall quarterly increase was stronger on both import and domestic trading benchmarks, although the two markets did not move at exactly the same pace.

A price chart is useful because it helps buyers see how the market has changed over time rather than looking at a single price point. For naphthalene, this is especially important because monthly movements can be influenced by purchasing cycles, inventory adjustments, import arrivals, and downstream demand.

The Q2 pattern also shows why monthly data needs to be viewed alongside quarterly data. Prices moved upward during the quarter, but June showed some moderation in the domestic Mumbai market as availability improved and buying pressure eased.

For procurement teams, looking at the chart over several months can provide a clearer picture of whether a short-term movement is part of a broader market trend or simply a temporary change in supply and demand.

Naphthalene Price Index

The Naphthalene Price Index remained supported during Q2 2026 by stable production costs, controlled availability, and consistent consumption from downstream industries. The index reflected the broader improvement in market conditions across China, India, and Vietnam, where refined naphthalene prices increased by approximately 15% to 25% during the quarter.

For India, the index is particularly useful when comparing imported and domestic market conditions. CIF Nhava Sheva represents imported material arriving in India, while Ex-Bhiwandi reflects domestic trading conditions. These benchmarks can respond differently because local inventories, distributor activity, and regional demand can change even when international prices remain relatively stable.

The index therefore provides more than a simple number. It helps show the direction of the market and gives buyers a reference point for understanding whether current offers are moving with or against the wider market.

Role of Imports in the Indian Naphthalene Market

India's naphthalene market is closely connected with international trade, particularly supply from China. The source tracks refined naphthalene imported into India from China on a CIF Nhava Sheva basis. This means international supply conditions can have a direct impact on Indian buyers.

China also recorded a 24% increase in refined naphthalene prices during Q2 2026 on an FOB China basis. Strong demand from phthalic anhydride production, dyes, pigments, and chemical manufacturing supported this movement. China maintained controlled supply and stable industrial consumption during the quarter.

As a result, changes in Chinese prices can influence Indian import offers. However, the final Indian price also depends on freight, exchange rates, inventory, port handling, and domestic distribution.

Lessons From 2025 for the Indian Market

The price history from 2025 shows that the Indian naphthalene market can move through very different phases within a year.

During Q2 2025, Indian CIF prices increased only slightly, while Ex-Bhiwandi prices declined by 4.25%. Monsoon-related construction slowdowns, weaker downstream consumption, and high inventory levels affected domestic trading conditions. Buyers also became more cautious about restocking.

In Q3 2025, Indian CIF and Ex-Bhiwandi prices declined by 4.16% and 4.41%, respectively. Seasonal maintenance at coal-processing units in China restricted feedstock availability, while India's monsoon season reduced construction and infrastructure activity. Buyers responded by purchasing smaller quantities rather than building large inventories.

Q4 2025 continued to show a softer market, with Indian CIF prices declining between 4% and 1%, while Ex-Bhiwandi prices moved between a 1% decline and a 3% increase. Moderate demand and regional supply adjustments were important factors behind the movement.

This history makes the Q2 2026 increase more meaningful. It indicates a shift from the weaker demand and inventory conditions seen during parts of 2025 toward stronger industrial consumption and replenishment activity.

Naphthalene Price Outlook in India

Looking ahead, the Indian naphthalene market is likely to remain closely connected to downstream demand, feedstock availability, imports, and logistics. The Q2 2026 market showed that steady consumption can provide strong support to prices when supply remains controlled.

At the same time, the June correction in Mumbai demonstrates that improved availability can reduce buying pressure. This means prices may not continue moving upward at the same pace if inventories increase or buyers become more cautious.

The most important factors to watch are therefore coal tar and feedstock availability, Chinese export conditions, Indian import costs, downstream phthalic anhydride demand, dye and pigment production, construction chemical consumption, freight costs, and currency movement.

For buyers, looking only at the current market price may not provide enough information. Tracking monthly movements, quarterly changes, import costs, domestic trading levels, and inventory conditions can provide a more complete picture.

The Naphthalene Price Trend in India during Q2 2026 was clearly stronger than the softer conditions experienced during several periods of 2025. Refined naphthalene prices increased by 18% on a CIF India basis and by 24% on an Ex-Mumbai basis compared with the previous quarter. Strong demand from phthalic anhydride, dyes, pigments, construction chemicals, and chemical-processing industries supported the market.

The quarter also showed that price movements can differ between imported and domestic markets. Stable supply, improving consumption, inventory replenishment, import costs, and local availability all played a role. While June brought some easing in the Mumbai market because of better availability and weaker purchasing pressure, the overall Q2 direction remained positive.

👉👉👉Please submit your query to get Naphthalene Price Trend, forecast and market price analysis: https://www.price-watch.ai/book-a-demo/ 

 

About Price Watch™

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. 

Futura Tech Park, 

C Block, 8th floor 334, 

Old Mahabalipuram Road, 

Sholinganallur, Chennai, 

Tamil Nadu, Pincode - 600119. 

LinkedIn: https://www.linkedin.com/company/price-watch-ai/ 

Facebook: https://www.facebook.com/people/Price-Watch/61568490385598/ 

Twitter: https://x.com/pricewatchai 

Website: https://www.price-watch.ai/ 

 

Comments

Post a Comment

Popular posts from this blog

A Simple Look at the Merchant Bar Price Trend

Merchant bars are one of those materials that quietly support the backbone of construction and manufacturing. Whether it’s a small fabrication shop or a large infrastructure project, merchant bars—like angles, flats, rounds, and channels—are used everywhere. But what many people don’t realize is how much the price of these steel products can change over time. The merchant bar price trend is something that affects builders, suppliers, and even everyday consumers. Let’s explore this topic in a simple and natural way. What Are Merchant Bars? Merchant bars are long steel products made from mild steel or carbon steel. They come in various shapes and sizes and are used in construction, fabrication, machinery, and even furniture manufacturing. Their strength, versatility, and ease of use make them a popular choice across many industries. Whether it’s for reinforcing a concrete structure or building a steel frame, merchant bars are often the go-to material. Why the Merchant Bar Price Trend Ma...
Read more

Silicon Metal Price Trend 2025: A Simple and Clear Perspective

 The Silicon metal price trend in 2025 is gaining more attention as industries continue to rely heavily on this important material. Even though most people don’t come across silicon metal directly in their everyday lives, it plays a major role in the things we use daily. From electronics to solar energy systems, automotive parts to construction materials, silicon metal is essential. As global demand rises and supply faces new challenges, understanding how and why its price is changing this year is important for businesses and everyday users alike. What Is Silicon Metal and Why Is It in Demand? Silicon metal is a refined form of silicon, different from the common silicon found in sand. It is mainly used in electronics, solar panels, aluminum alloys, and chemical applications. Its unique ability to conduct electricity and improve strength makes it valuable for high-performance products. The Silicon metal price trend is closely linked with the growth of key industries such as clea...
Read more

Biodiesel Price Trend: A Simple Look at the Market in Q2 2025

  Biodiesel has become an important part of the global energy mix. It is widely used as a cleaner alternative to traditional fossil fuels and is often blended with regular diesel for use in vehicles, transport fleets, and industrial engines. Because biodiesel is made from natural sources like vegetable oils and animal fats, its price is closely linked to agriculture, energy demand, and global trade. Understanding the   Biodiesel Price Trend   helps producers, traders, fuel buyers, and even governments plan better and respond calmly to market changes. In the second quarter of 2025, the biodiesel market went through a period of adjustment. After months of rising prices earlier in the year, prices softened and became more stable. This shift marked a calmer phase for the market, where supply and demand found a more balanced position. General Market Overview in Q2 2025 During Q2 2025, the  Biodiesel Price Trend  showed relative stability with a noticeable easing comp...
Read more