Chemicals & Polymers
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Daily Report on Chemicals & Polymer Industry
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Rising Methanol Prices as Futures Signal Bullish Trends and Supply Risks Loom
Methanol prices have risen by ₹0.25/kg following a surge in futures contracts and natural gas prices. Asian CFR futures climbed $6/MT as potential sanctions on Russian and Iranian supplies spark concern. In India, bulk consumption is rising despite production constraints, and traders are actively building inventories anticipating further price increases.
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Indian Polymer Market Rises Amid Duty Hike Speculations and Tight Supply Dynamics
Polymer prices in India are rising due to speculative inventory hoarding ahead of a potential duty hike targeting non-BIS-compliant materials. Market trends suggest further price increases through February, with close attention to fiscal policy announcements.
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Asian PVC Market Faces Oversupply Challenges Amid Weak Real Estate Demand in 2025
PVC prices range between ₹74-77.75/kg, with a notable oversupply in the Asian market due to increased production and declining real estate demand. Despite a 2.5% rise in production to 20.5 million tons in 2024, apparent consumption fell, exacerbating inventory build-ups and pressuring prices downward in a sluggish economic environment.
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