Track the latest insights on raffinate price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

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During the second quarter of 2026, the raffinate prices in the USA reached 598 USD/MT in June. Prices advanced reflecting tightening domestic supply and robust procurement from downstream petrochemical and solvent manufacturers. Active demand from the aromatics extraction and specialty chemical sectors absorbed available material and reduced spot market flexibility. Higher feedstock and processing costs at domestic refining facilities contributed to firmer producer offers throughout the period.
During the second quarter of 2026, the raffinate prices in China reached 951 USD/MT in June. Prices rose supported by recovering downstream demand and disciplined operating rates at major raffinate production facilities. Domestic manufacturers maintained tight inventory positions, which limited surplus accumulation at key trading hubs and supported firmer offers. Export enquiries from regional buyers remained active, absorbing a significant share of available output and reducing domestic spot availability.
During the second quarter of 2026, the raffinate prices in Japan reached 970 USD/MT in June. Prices recorded an increase driven by higher import replacement costs and elevated freight and insurance expenses that raised the landed cost of procured material. Japanese buyers, who rely substantially on imported raffinate and aromatic feedstocks, faced firmer offers as exporters in key supplying countries maintained tight availability. Demand from petrochemical manufacturers, specialty solvent producers, and downstream processing industries provided a stable consumption base throughout the quarter.
During the second quarter of 2026, the raffinate prices in Brazil reached 640 USD/MT in June. Prices increased tracking the broader upward direction seen across global raffinate markets. Domestic refinery operating rates and import replacement costs shaped the pricing environment, with buyers facing firmer offers from international suppliers. Downstream demand from the petrochemical, solvent, and specialty chemical industries provided consistent offtake support and limited the accumulation of surplus inventory at regional distribution hubs.
During the second quarter of 2026, the raffinate prices in Canada reached 634 USD/MT in June. Prices rose closely tracking the upward direction seen across the North American market. Strong United States demand absorbed a significant share of regionally available supply, reducing cross-border spot flexibility for Canadian buyers. Importers faced firmer replacement costs as international supplier offers remained elevated against a backdrop of recovering downstream demand from the petrochemical, solvent manufacturing, and specialty chemical sectors.
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing raffinate prices.
Q2 2026:
The raffinate price index in Europe moved upward during the second quarter of 2026, supported by tighter import availability, firmer offers from key supplying regions, and steady downstream demand across the continent. European buyers, who depend significantly on imported raffinate streams from refinery and petrochemical operations, faced higher replacement costs as export prices in source markets remained elevated throughout the period. Demand from the specialty solvent, aromatics processing, and petrochemical manufacturing industries provided consistent offtake support and limited the accumulation of surplus inventory at regional distribution points. Logistics disruptions and port congestion at key European terminals periodically restricted the timely movement of imported cargoes, raising replacement uncertainty and encouraging forward buying among procurement teams. Energy costs at European refining and processing facilities remained elevated, adding further pressure to overall production economics and supporting firmer delivered prices across multiple end-use sectors.
This analysis can be extended to include detailed raffinate price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
Q2 2026:
The raffinate price index in North America rose strongly, driven by constrained prompt availability, active downstream procurement, and firmer offers from producers operating across the region. United States buyers faced elevated replacement costs as domestic raffinate supply tightened and refinery operating schedules kept available spot volumes limited throughout much of the quarter. Demand from petrochemical manufacturers, solvent blenders, aromatics processors, and specialty chemical producers supported consistent procurement volumes and absorbed available material efficiently. Canadian buyers experienced additional pressure as strong United States demand absorbed a large share of regionally available material, reducing cross-border spot flexibility and pushing replacement costs higher.
Specific raffinate historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Q2 2026:
The study includes Raffinate price trends across the Middle East and Africa, taking into consideration variables that have a direct impact on market prices, such as regional industrial expansion, natural resource availability, and geopolitical conflicts.
In addition to region-wise data, information on raffinate prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Q2 2026:
Raffinate prices in Asia Pacific moved upward during the second quarter of 2026 as higher feedstock costs, logistics pressure, and steady downstream demand supported the market across the region. China maintained disciplined operating rates at key petrochemical and refining facilities, which limited the accumulation of surplus raffinate inventory at major trading hubs and supported firmer domestic and export offer levels throughout the quarter. Japan faced elevated import replacement costs and freight uncertainty, with buyers maintaining regular procurement schedules to ensure continuity of supply for planned downstream production. Demand from petrochemical manufacturers, aromatics processors, specialty solvent producers, and other industrial consumers provided a stable and recurring consumption base across multiple Asia Pacific markets. Logistics conditions remained broadly manageable for much of the period, though periodic congestion at major regional ports affected cargo scheduling and encouraged some buyers to secure forward volumes ahead of anticipated further price increases.
This raffinate price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Q2 2026:
The raffinate price index in Latin America rose steadily, supported by tighter regional availability, firm downstream demand, and higher producer offers across key markets. Buyers in Brazil faced increased replacement costs as limited spot availability and controlled refinery operating rates constrained prompt raffinate supply during much of the quarter. Demand from petrochemical manufacturers, solvent producers, aromatics processors, and specialty chemical manufacturers remained consistent, allowing available material to be absorbed efficiently. Mexican buyers also experienced upward price pressure as stronger regional procurement and limited spot flexibility increased competition for available cargoes, while higher replacement costs and firm producer indications reinforced the upward price trend across Latin America.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
IMARC's latest publication, “Raffinate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2026 Edition,” presents a detailed examination of the raffinate market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of raffinate at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed raffinate prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting raffinate pricing, such as the dynamics of supply and demand, geopolitical influences, and sector specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

The global raffinate market size reached 3,386.0 Thousand Tons in 2025. By 2034, IMARC Group expects the market to reach 4,798.5 Thousand Tons, at a projected CAGR of 3.83% during 2026-2034. Market growth is being driven by the rising demand for high-purity aromatic solvents and petrochemical intermediates across specialty chemical manufacturing, the expanding use of raffinate streams as feedstocks in downstream solvent extraction and reforming processes, and the growing consumption of raffinate-derived products in the adhesives, coatings, and rubber processing industries.
Raffinate is a refined hydrocarbon stream produced as a by product of solvent extraction processes carried out during the refining of petroleum or petrochemical feedstocks. It is generated when aromatic compounds are selectively removed from a mixed hydrocarbon feed using a polar solvent, leaving behind a predominantly paraffinic and naphthenic liquid fraction known as the raffinate phase. The physical form of raffinate is a clear to pale yellow liquid at ambient conditions, with viscosity, boiling range, and composition varying depending on the feedstock processed and the specific extraction technology employed. Its key properties include low aromatic content, good chemical stability, low sulfur levels in refined grades, and a composition dominated by saturated aliphatic and cyclic hydrocarbons. Raffinate is produced primarily through liquid-liquid extraction units using solvents such as sulfolane, furfural, or N-methylpyrrolidone, followed by solvent recovery, stripping, and fractionation to yield commercial product grades. In the petrochemical industry, raffinate serves as a feedstock for steam crackers producing ethylene, propylene, and butadiene, where its high paraffin content favors olefin yield.
| Key Attributes | Details |
|---|---|
| Product Name | Raffinate |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Raffinate Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
IMARC offers trustworthy, data-centric insights into commodity pricing and evolving market trends, enabling businesses to make well-informed decisions in areas such as procurement, strategic planning, and investments. With in-depth knowledge spanning more than 1000 commodities and a vast global presence in over 150 countries, we provide tailored, actionable intelligence designed to meet the specific needs of diverse industries and markets.
1000
+Commodities
150
+Countries Covered
3000
+Clients
20
+Industry
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