A fire in Akola district destroyed stored dry sugarcane bagasse at a Thermax Bio Energy Solutions facility. Although the main biogas plant was unaffected, the loss of bagasse stock may tighten local supply and support higher prices.
| Product | Region | Incoterm Basis | Price | Time Period |
| Furfuryl Alcohol | China | FOB | USD 1326/MT | January 2026 |
| Furfuryl Alcohol | India | CIF | USD 1435/MT | January 2026 |
| Furfuryl Alcohol | USA | FOB | USD 1412/MT | January 2026 |
| Furfuryl Alcohol | Brazil | FOB | USD 1392/MT | January 2026 |
| Furfuryl Alcohol | Canada | FOB | USD 1412/MT | January 2026 |
Stay updated with the latest Furfuryl Alcohol prices, historical data, and tailored regional analysis
Furfuryl Alcohol prices in Q2 2026 followed an early-quarter rise before declining through May and stabilising at lower levels in June. The market received initial support from firm furfural costs and cautious supply conditions, but higher plant operating rates later increased availability and pressured prices. China remained the key production centre, with corncob availability supporting future furfural supply as the country’s 2026/27 corn crop was forecast at 307.0 million tonnes. However, actual feedstock availability continued to depend on residue collection, processing efficiency and logistics. Downstream demand remained closely linked to furan resins used in foundry-sand binders, coatings, adhesives and industrial applications. Foundry demand received support from machinery and automotive sectors, with general machinery manufacturing increasing 6.7% year over year and automotive manufacturing rising 8.3% in May. However, weaker steel activity reduced demand from traditional casting applications, with Chinese crude steel production declining 2.7% year over year in May. Chemical-sector growth also slowed, limiting restocking from resin and chemical producers. Expansion in synthetic-resin capacity supported long-term derivative demand, while increased furfuryl alcohol availability and requirement-based purchasing kept short-term market pressure.
Analyst Insight
According to Procurement Resource, furfuryl alcohol prices are expected to remain stable to soft as supply availability improves, while recovery will depend on foundry-resin demand and industrial activity.
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The prices of furfuryl alcohol witnessed an upward trend during Q1’26 as a result of rising costs of upstream materials and stable demand from end-use markets. As furfural is extracted from corn cobs, the rise in corn prices in China caused an increase in the cost of manufacturing, which resulted in a higher price for furfuryl alcohol. The upstream market gradually moved up during the quarter because of a tight supply and stable demand for the feedstock, resulting in higher costs of production of furfural and its derivatives. In terms of supply, a steady processing volume, along with the absence of low-priced raw material sources, supported prices in the market. Demand remained stable from key sectors including foundry binders, resins, and chemical intermediates, where procurement was largely based on essential requirements, maintaining consistent offtake.
Furfuryl Alcohol is a chemical molecule having a furan substituted with a hydroxymethyl group. Although the liquid is colourless, ageing samples appear amber. It has a little burning odour and a harsh flavour. It is miscible in water yet unstable. It can be dissolved in most organic solvents.
C5H6O2
Resins, Solvent, Corrosion Inhibitors
2-Furanmethanol, furan-2-ylmethanol, 2-Furylmethanol
ILLOVO SUGAR AFRICA (PTY) LTD, Linzi Organic Chemical Inc. Ltd., TransFurans Chemicals bvba, DalinYebo, Hebeichem, SilvateamS.p.a., Shandong Crownchem Industries Co., Ltd., Hongye Holdings Group Corp., Ltd.
CurrencyUS$ (Data can also be provided in local currency)
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Hydrogenation of hydrogen and furfural produces furfuryl alcohol. Furfuryl alcohol is produced after furfural and hydrogen are sent to a hydrogenation reactor. The furfural residue is returned to the reactor for further processing.
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