Renewed fighting between US and Iran has slowed shipping through the Gulf of Hormuz, disrupting supply routes. Benchmark crude prices have climbed sharply from pre-conflict levels, reflecting heightened geopolitical risk. The upward price pressure is likely to continue while tensions persist.
Intensified US-Iran military actions disrupt oil shipments through the Strait of Hormuz, causing a sharp spike in crude oil prices. The price jump leads to severe depreciation of the Indian rupee, raising import costs and inflationary concerns.
Asia
In Asia, chloroform prices gained support during Q1’26 despite softer feedstock conditions. In India, chlorine, a primary feedstock, declined by ~0.90% from January to March and ~2.00% from the previous quarter, reflecting weak demand from PVC and construction-linked sectors. However, chloroform market sentiment improved due to stronger methanol costs, lower import availability, and constrained regional production. China’s chloroform trade flows showed imports falling sharply, while exports improved year on year during January-February, indicating tighter domestic availability and better overseas movement. Downstream demand from refrigerant production, pharmaceutical solvents, and fluorochemical intermediates supported regional consumption.
Europe
In Europe, chloroform prices remained firm during Q1’26 as energy-intensive chemical production faced higher operating costs. Chlorine, a primary feedstock, stayed supported by elevated energy costs, supply issues, and reduced competitiveness against Asian cargoes affected by trade disruptions. The Iran war and Strait of Hormuz closure increased freight, insurance, and delivery risks, raising landed-cost pressure for chemical imports. Demand from refrigerants, specialty solvents, and pharmaceutical applications remained steady, allowing producers to maintain firm offers despite weaker construction-linked chemical consumption.
North America
In North America, chloroform prices followed a firm trend in Q1’26, supported by tighter global chemical availability and higher logistics costs. The upstream market was supported by reduced global production, lower imports, and stronger overseas demand for US chlor-alkali products. Supply disruptions in Asia and Europe increased reliance on North American material, strengthening regional export interest. Chloroform demand from refrigerants, agrochemical intermediates, fluorochemicals, and pharmaceuticals remained stable, supporting market firmness.
Analyst Insight
According to Procurement Resource, chloroform prices are expected to remain firm if freight disruptions, energy costs, and feedstock pressure persist. Stable demand from refrigerants and pharmaceutical applications may continue to support the market.
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Asia
In Q4 2025, chloroform prices in Asia showed mixed movement. In the Chinese market, the prices of chloroform went down during October, as the demand from major downstream industries remained low. Similarly, the pharmaceutical industry was buying cautiously, and the demand for R22 refrigerant went down after the summer season came to a close. At the same time, the level of local production remained high, hence reducing the need to import the chemical, thereby keeping the supply levels comfortable. Therefore, the prices went down in the Chinese market.
On the other hand, in the South Korean market, the prices of chloroform remained stable in Q4’25. The level of production remained steady, and the inventory level, as well as trading activities, were normal in the market. Therefore, the overall sentiment in the South Korean market was said to be neutral, hence keeping the prices stable in the Asian market.
Europe
In the European region, the prices of chloroform were steady in Q4’25. There was enough supply in the market, and producers were running at a steady pace. Demand from the pharmaceutical industry and other uses of refrigerants was steady, though not robust enough to drive prices up. Buying activities were normal, and there was no indication of stockpiling. Everything was normal in the European chloroform market, including opportunities for arbitrageurs to make money. The prices were steady, indicating a balance between supply and demand, and there was little fluctuation in the prices of the chemical in the European region, compared to other months of the year, in which there was a lot of fluctuation in the prices of the chemical.
North America
In North America, especially in the United States, chloroform prices stayed flat in Q4’25 after several weeks of earlier declines. Production remained disciplined, and stock levels were comfortable. Demand from refrigerant and chemical sectors was stable, although not particularly strong. Market participants focused on maintaining steady contract flows rather than expanding spot activity. Limited trading opportunities and balanced fundamentals supported price stability. Overall, the region experienced a quiet and controlled market environment.
Chloroform is basically a colourless, volatile, liquid derivative of trichloromethane with an ether-like odour. Earlier it was utilised as an inhaled anaesthetic during surgery, but the primary use of chloroform today is in industries, where it is widely utilised as a solvent. It is majorly produced as a precursor to PTFE (polytetrafluoroethylene). It is one of the four chloromethanes and a trihalomethane. It is a powerful anaesthetic and sedative when inhaled or ingested.
CHCl3
Solvents, Reagent, Functional fluids, Fluorinated refrigerants and fluorinated resins, Intermediates, Extraction and purification of antibiotics, Laboratory chemicals
Trichloromethane, Methane Trichloride, TCM, Freon 20, Refrigerant-20
PJSC Khimprom, Merck KGaA, Shin-Etsu Chemical Co., Ltd, Alfa Aesar, Thermo Fisher Scientific Inc.
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In order to produce Chloroform, a mixture of chlorine and either chloromethane or methane is heated, which produces a free radical halogenation at 400–500 °C, transforming the precursors to more chlorinated compounds.
Further, as Chloroform undergoes chlorination to produce carbon tetrachloride, this process finally produces a mixture of four chloromethanes (chloromethane, dichloromethane, chloroform, and carbon tetrachloride), and thus, Chloroform is finally separated via distillation.
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The report involves the cost analysis of the production of Glycerin from plant and animal sources where it occurs in triglycerides, esters of glycerol with long-chain carboxylic acids.
This process for the production of oxygen is basically cryogenic distillation of air. It employs distillation column with the appropriate conditions.
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