April 2026 Hexamine Market Report: Price Surge Followed by Decline Amid Methanol Volatility
1. Market Overview
In April 2026, the global Hexamine (Urotropine) market experienced significant volatility, with prices surging rapidly before entering a downward correction phase. The fluctuation was mainly driven by upstream methanol price changes and international supply disruptions.
As a key chemical intermediate, Hexamine continues to play an essential role in industries such as resins, rubber, pharmaceuticals, and explosives.
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2. Methanol Market Impact from Middle East Tensions
Since the escalation of Middle East tensions on February 28, 2026, crude oil prices have fluctuated frequently, causing instability in the methanol market.
Although China’s methanol production is primarily coal-based and less sensitive to crude oil, approximately 10% of domestic consumption still depends on imports, especially from Iran. Supply disruptions and logistics uncertainties have tightened availability in the short term, pushing methanol prices sharply higher and impacting downstream products like Hexamine.
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3. Hexamine Price Trend Analysis
Driven by rising methanol costs, Hexamine prices in China increased significantly:
* The lowest market price in Shandong was around RMB 4,250/MT
* Prices surged to over RMB 6,800/MT quoted by major manufacturers
* Some suppliers even stopped accepting new orders for several weeks due to supply constraints
Recently, as methanol prices have dropped sharply, Hexamine prices have also declined. Current mainstream offers are around RMB 6,000/MT delivered to Shandong.
For more product details, please visit our product page:
👉 Hexamine (Urotropine)
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4. Supply-Demand Fundamentals
Despite short-term fluctuations, the overall market structure remains unchanged. China’s Hexamine industry is still facing significant overcapacity, leading to a long-term oversupply situation.
As supply continues to exceed demand, price pressure is expected to persist in the coming months.
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5. Market Outlook
Looking ahead to May 2026, the Hexamine market is likely to continue its downward trend due to:
* Declining methanol prices
* Excess domestic production capacity
* Stabilizing supply chains and logistics
Buyers are expected to remain cautious, with many adopting a wait-and-see approach.
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6. About Jinan ZZ International Trade Co., Ltd.
Jinan ZZ International Trade Co., Ltd. is a professional supplier of chemical raw materials, specializing in Hexamine (Urotropine) and other industrial chemicals.
We provide:
* Stable quality with high purity standards
* Competitive and market-aligned pricing
* Reliable and flexible global supply
* Efficient logistics and export experience
With years of experience in international trade, we are committed to supporting our customers with consistent supply and professional service.
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