Chemicals & Polymers
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Daily Report on Chemicals & Polymer Industry
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23 hours agoABS
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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1 day agoToluene
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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3 days agoAcetic Acid
FOB China Stable; India's Acetic Acid Market caught between soft demand and Supply Worries
Acetic Acid prices softened in India despite tight port inventories, driven by weak demand and lower replacement costs. While some bullishness is expected from downstream sectors, ongoing plant turnarounds and geopolitical risks continue to pressure the market. Strategic inventory building is advised amid anticipated supply disruptions and price volatility.
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6 days agoPVCCPVC
PVC Prices Extend Decline Amid Weak Demand, High Supply in April 2025
Imported PVC K67 prices at Mundra range from ₹63,900–₹68,250/MT, varying by origin. Despite brief stabilization, April ended with a 4.7% price drop. Elevated inventories, high production rates, and weak futures continue to weigh on sentiment. The market remains bearish, with limited downstream interest and weak cost support in May 2025.
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7 days agoToluene
India’s Toluene Market Sees Bearish Trend; Pharma Demand Signals May Revival
Toluene prices dropped by ₹1/kg this week due to weak sentiment and lower replacement costs. Despite soft liquidation, downstream demand—especially from pharma and coatings—is recovering. While margins remain under pressure, rising crude oil and demand may support price rebound. Importers remain cautious amid fluctuating market signals.
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7 days agoPET
Asian PET Prices Stay Weak Amid Oversupply, Sluggish Demand
PET bottle flake prices in Asia show slight volatility amid oversupply and weak demand. Indian PET prices remain range-bound, with Hyderabad reporting the highest. High production rates, ample feedstock, and sluggish end-user demand are capping price growth. Market remains bearish, but oil price rebounds could offer limited upside.
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8 days agoMethanol
Despite Lower Futures and Iranian Supply Pressure, Indian Methanol Demand and Liquidation Stay Firm
Domestic methanol prices dropped ₹0.50/kg amid healthy market activity and steady supply. Strong liquidation in Kandla and stable demand from formaldehyde and bulk drug sectors supported near-term stability. However, softening Asian futures and incoming Iranian cargoes signal a possible correction by mid-May 2025.
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9 days agoEthyl Acetate
Domestic Ethyl Acetate Producers Hike Prices Amid Feedstock Shortage and Shutdowns
Ethyl Acetate prices have surged up to ₹4/kg due to rising feedstock costs, production constraints, and higher freight rates. Manufacturers are cautious about large-volume deals amid supply uncertainties and a major shutdown. Substitution from Acetone is increasing demand. Price volatility is expected to persist through June 2025.
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12 days agoAcetone
India’s Acetone Prices Climb on Firm Seasonal Demand, Supply Tightness in May 2025
Acetone prices in India have increased by ₹2/kg due to tight supply, strong paint sector demand, and low port inventories. Domestic output remains constrained while downstream sectors like pharmaceuticals and diacetone alcohol rebound. Traders expect further price hikes, while producers are cautious amid low conversion margins and limited vessel arrivals.
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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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