Acetic Acid
As its name suggests, acidic acid is an organic compound that is colorless and acidic. Acetic acid is mainly derived from methanol via the carbonylation. The la...
Acetic Acid Bytes
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Acetic Acid Tenders
Daily Market Report
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Escalating Iran-Israel Tensions Drive Up Methanol, Acetic Acid, Ethyl Acetate and Toluene Prices Amid Supply Uncertainty
Escalating conflict between Iran and Israel has significantly impacted domestic market dynamics today, leading to heightened market uncertainty. Shipments of methanol and toluene from Iran have been put on hold, triggering strong reactions within the market. As Iran is a key supplier, especially to China, which relies heavily on Iranian methanol for acetic acid production, supply disruptions are expected to challenge downstream sectors, including ethyl acetate and acetic anhydride, now under increased scrutiny and speculation.
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Upstream Price Increases and Iranian Shipments Disruptions Shape Methanol Outlook
Domestic methanol prices witnessed an increase of ₹1.00/kg as importers adjusted their offers upwards. The updated prices, based on advance payment terms with immediate lifting, are as follows: Ex-Kandla: ₹27.00++, Ex-Mumbai: ₹27.50++.
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Indian IPA Market Sees Price Dip Despite Anti-Dumping Duty Implementation
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Indian VAM Market Faces Pressure from Falling Feedstock Prices; Demand Expected to Pick Up
VAM prices in India have fallen due to weak demand and increased inventories. Sluggish activity during October's festive season further strained market sentiment. However, demand is likely to rebound by mid-November, supported by the paints and coatings sector's seasonal boost.
Current Price Dynamics of Vinyl Acetate Monomer (VAM)
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Daily Market Report
Escalating Iran-Israel Tensions Drive Up Methanol, Acetic Acid, Ethyl Acetate and Toluene Prices Amid Supply Uncertainty
Escalating conflict between Iran and Israel has significantly impacted domestic market dynamics today, leading to heightened market uncertainty. Shipments of methanol and toluene from Iran have been put on hold, triggering strong reactions within the market. As Iran is a key supplier, especially to China, which relies heavily on Iranian methanol for acetic acid production, supply disruptions are expected to challenge downstream sectors, including ethyl acetate and acetic anhydride, now under increased scrutiny and speculation.
Read Story
Upstream Price Increases and Iranian Shipments Disruptions Shape Methanol Outlook
Domestic methanol prices witnessed an increase of ₹1.00/kg as importers adjusted their offers upwards. The updated prices, based on advance payment terms with immediate lifting, are as follows: Ex-Kandla: ₹27.00++, Ex-Mumbai: ₹27.50++.
Read Story
Deepak Phenolics Resumes Operations; Indian Phenol Prices See Price Correction
Phenol prices have softened this week due to increased supply, weak upstream market trends, and bearish sentiment. Domestic production has resumed, ensuring stable supply levels. Seasonal demand recovery from plywood manufacturers is expected to offset current price pressures partially.
Read Story
Acetic Acid FAQs
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