| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Hydroquinone | China | EXW | Usd 1,267.00/mt | August 2026 |
| Hydroquinone | China | EXW | Usd 1,120.00/mt | July 2026 |
Stay updated with the latest Hydroquinone prices, historical data, and tailored regional analysis
Asia
Asian hydroquinone markets showed divergent movements during H1 2026. China remained comparatively well supplied during Q1, with subdued downstream buying from chemical intermediates, polymer-related applications, and specialty chemicals limiting procurement urgency. Prices subsequently strengthened in Q2 as higher feedstock and logistics costs increased replacement costs and suppliers maintained firmer offers. India also experienced upward pressure later in the half as imported material became more expensive and demand from pharmaceutical, agrochemical and specialty-chemical applications supported regular procurement. Regional trade flows remained important, with Indian hydroquinone continuing to move into markets across Southeast Asia and other destinations.
Europe
European hydroquinone conditions were relatively soft during Q1 before becoming firmer in Q2. Weak industrial demand and comfortable import availability limited purchasing urgency initially, while higher energy and feedstock costs provided some underlying cost support. By Q2, tighter phenol availability, elevated benzene-related costs and higher utility expenses increased replacement costs for European buyers. Hydroquinone's restricted use in EU cosmetics also limits demand from that segment, with the substance prohibited in cosmetics except for specifically permitted applications. Separately, Camlin Fine Sciences reported that its European hydroquinone and catechol business had been affected by declining global demand and higher energy costs, highlighting the challenging operating environment for regional producers.
North America
North American hydroquinone markets moved from relatively subdued conditions in Q1 toward firmer pricing in Q2. Early-year procurement remained measured, but tighter availability and improving demand from photographic chemicals, polymer additives, and specialty applications supported stronger offers later in the period. Rising feedstock and conversion costs also increased replacement values, while import activity remained an important component of regional supply. US customs data show continued hydroquinone imports during H1, indicating the importance of international supply flows to the market.
Analyst Insight
Hydroquinone prices are likely to remain sensitive to feedstock costs, regional availability and downstream procurement, while regulatory restrictions will continue to limit cosmetic demand in Europe.
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Asia
In Asia, hydroquinone prices were mostly steady in the said period. Supply from local manufacturers remained stable, and there were no major production issues. Feedstock costs, such as benzene and propane, were soft due to oversupply and weaker crude oil prices, which helped keep production costs low. Demand from the personal care and cosmetic industries was moderate. Export orders were also cautious because of currency fluctuations and concerns about margins. Overall, prices in the region stayed in a narrow range, with sellers offering small discounts to move inventory.
Europe
European hydroquinone prices were stable to slightly higher during the last quarter of 2025. Feedstock availability was good, but crude oil and benzene price softness limited cost pressures. Domestic demand from cosmetic and specialty chemical producers remained steady, supporting prices. Inventory levels were adequate, and manufacturers avoided large discounts. The market sentiment was cautious as buyers waited for changes in feedstock costs and energy prices in early 2026.
North America
In North America, hydroquinone prices trended upward in Q4’25. Domestic supply was slightly tight, while strong demand from cosmetics, polymers, and specialty chemical sectors encouraged buyers to restock before the new year. Feedstock costs, particularly benzene, were lower, but high demand of hydroquinone allowed producers to maintain higher prices. Buyers accepted these levels due to steady consumption and anticipation of continued demand in early 2026.
Hydroquinone is a white crystalline solid that acts as an antioxidant in various chemical reactions. In black-and-white photography, it is used as a reducing agent and in cosmetics and dermatological industries it acts as a skin-lightening chemical. In addition to this, it also functions as an essential building block in the synthesis of various organic chemicals.
C6H6O2
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In the initial step, benzene and propane are first subjected to dialkylation reaction that gives 1,4-diisopropyl benzene. When this product is exposed to air, it produces bishydroperoxide which in acidic solution rearranges itself into hydroquinone.
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