Chemicals & Polymers
Nexizo is your go-to platform for comprehensive chemical products and polymer updates. Here you can discover the latest in the chemicals and polymers market to ...
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Daily Report on Chemicals & Polymer Industry
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Indian Toluene Market Sees Price Correction on Weak Crude, Tepid Demand
Toluene prices in the domestic Indian market saw a downward revision of ₹1/kg, as importers adjusted rates amid falling crude benchmarks and sluggish downstream demand. Bulk deals from importers were quoted at ₹64.50++ per kg (ex-Kandla) and ₹65.50++ per kg (ex-Mumbai) for 60-day payment terms. Meanwhile, trader offers were reported at ₹66++ per kg (ex-Mumbai) and ₹65.75++ per kg (ex-Kandla) under similar credit terms.
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PVC Market Gains Momentum in Asia Amid Freight Constraints
PVC prices in Asia rebounded 3% amid improved buying sentiment and a US–China tariff delay. DAGU, FORMOSA, and LG grades saw regional pricing spreads in India, while XINFA remained most competitive. Tight freight space and rising costs—driven by export redirection to the US—are sustaining upward price pressure despite cautious downstream demand.
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COVID Spike Lifts FOB China Acetic Acid to $340/MT
FOB China Acetic Acid surged $20 to $340/MT amid restocking triggered by rising COVID cases. However, Indian prices fell ₹1–1.5/kg due to weak demand and ongoing shutdowns at major plants. Inventory tightness and pharma sector demand could trigger a sharp rebound. Traders are actively building stocks ahead of June.
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Diketene Derivatives Prices Hold Firm Amid Volatile Feedstock Costs
Diketene derivatives like EAA and MAA held steady as rising feedstock costs and strong downstream demand supported prices. Pharma and seasonal agrochemical demand kept offtake buoyant. Ethyl acetate surged 4% amid tight supply, while methanol and sodium methoxide stayed firm. Prices are expected to remain bullish through May 2025.
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Polymer Market Steady-to-Soft; PP, PE Face Pressure While PVC Firms Up
PVC prices rose ₹1–1.25/kg in India amid freight tightness and pre-BIS certification buying. Polypropylene and polyethylene prices continued correcting due to subdued global demand and aggressive discounting. Despite tariff relief optimism, buyers remain cautious. Chinese plant shutdowns may support PE prices ahead, while anti-dumping duty uncertainty clouds the PVC outlook.
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Acetic Acid Prices Firm on Vessel Delay Speculation
Acetic Acid prices in India rose by ₹2/kg amid concerns over vessel delays and tight supply. Importers and traders are holding back large-volume offers, anticipating further escalation. Despite subdued demand from Ethyl Acetate and Acetic Anhydride producers, strong offtake from bulk drugs and MCAA sectors is supporting bullish sentiment. Market eyes further price rebound.
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Ethyl Acetate Output Hit by Feedstock Shortages and Laxmi Organics Shutdown
Ethyl Acetate prices in India increased sharply amid escalating feedstock costs, limited raw material availability, and upcoming production shutdowns. Key producers raised offers by ₹1–2/kg. With Acetic Acid and Ethanol prices surging and logistics costs climbing, market participants expect further price gains. Demand from downstream industries remains robust, supporting bullish sentiment.
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ABS Prices Under Pressure Amid Oversupply and Weak Demand Across Asia
ABS prices continued to soften across Asian markets, led by oversupply, lower feedstock costs, and subdued demand from converters. In India, prices remain relatively stable due to limited spot cargoes despite global weakness. Persistent bearish sentiment, high inventories, and cautious downstream activity suggest further price erosion in the near term.
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Toluene Margins Squeezed ; Price Hike Seen as Crucial for Refinery Economics
Toluene prices in India have surged ₹3/kg, driven by geopolitical tensions, rising crude oil, and naphtha prices. Importers are holding firm on higher offers despite tepid buyer response. Refinery margins are under severe pressure, pushing expectations of a price rebound. Downstream demand from pharma and coatings sectors shows gradual recovery.
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Chemicals & Polymer Industry Bytes: Top Stories at a Glance
Latest Chemicals & Polymer Tenders You Can Bid On
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HDPE Price Trends & Forecast | Monthly, Quarterly, Yearly Data (2024–2025)
Published on: May 19, 2025
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Top 5 Chemical Suppliers for Phenol and Toluene in India
Published on: May 19, 2025
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PVC Price Trends & Forecast | Monthly, Quarterly, Yearly Data (2024–2025)
Published on: May 8, 2025
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Ethyl Acetate vs Acetone: Key Differences & Industrial Applications
Published on: Apr 30, 2025
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Methanol Price Trends & Forecast | Monthly, Quarterly, Yearly Data (2024-2025)
Published on: Apr 22, 2025
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The Role of Chemicals in the Growth of the Pharmaceutical Industry
Published on: Apr 2, 2025
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How to Manage Chemical Price Fluctuations: Expert Strategies to Stay Profitable
Published on: Feb 11, 2025
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LDPE vs LLDPE: Key Differences, Market Trends, and Price Dynamics Explained
Published on: Dec 7, 2024
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The LLDPE Prices - Finding a Balance Amidst the Ups and Downs
Published on: Nov 28, 2024
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