Deepak Phenolics IPA Price (IP GRADE) in Dahej

IPA prices in India corrected to ₹80–84/kg amid oversupply from imports and weak sentiment linked to softer propylene and acetone values. Demand remains concentrated in pharmaceuticals and personal care, together forming half of consumption. Market outlook stays bearish short term, but recovery is expected as bulk drug output strengthens.

IPA prices have declined sharply amid high port inventories and sluggish downstream demand. Importers are facing liquidation pressure, while domestic producers maintain stable prices. Bulk buyers seek lower rates for April. With reduced consumption from pharma manufacturers and ongoing financial year-end stock adjustments, bearish market sentiment is expected to persist.

Acetone prices have risen by ₹2/kg to ₹70/kg due to reduced phenol production, while isopropyl alcohol (IPA) prices fell slightly to ₹93/kg amidst adequate inventory. Demand for both chemicals is recovering, driven by the paints and bulk drugs sectors.

Toluene prices in India increased due to short-term port tightness, while China saw marginal gains driven by steady demand and stable refinery output. Crude oil weakened globally, affecting sentiment across aromatics. Despite softer crude cues, local shortages will support Indian prices in the near term, keeping the overall outlook stable to slightly soft.

Acetone prices fell by ₹3/kg due to weak downstream demand, steady domestic production, and consistent imports. Soft benzene and propylene prices further pressured sentiment. While demand from paints, IPA, and DAA remains weak, a recovery is expected from the pharma sector by December–January, which may help stabilise prices.

Toluene prices rose ₹3/kg this week, supported by feedstock cost recovery and improved trading momentum. Demand from paints remains steady, while the pharma sector shows gradual recovery. Despite crude volatility, supply–demand conditions are balanced. Short-term outlook suggests stability with slight downside risk amid cautious buyer sentiment and steady import volumes.

Domestic Acetic Acid prices in India strengthened through October 2025, driven by firm methanol feedstock costs and cautious downstream demand. While global methanol prices softened under tariff pressure, domestic supply remained stable. Post-festive demand recovery from pharmaceutical and packaging sectors is expected to support prices into early November.

Acetic Acid prices in India continued their downward trend amid weak methanol feedstock and cautious downstream demand. Despite international prices firming slightly on Chinese restocking, domestic sentiment remains subdued. Stable supply, potential post-monsoon VAM demand, and gradual recovery in pharmaceuticals could support market stabilization through October.

Domestic MDC prices dropped ₹1–2/kg due to weak pharma demand, while volatile methanol feedstock costs, driven by oversupply in China and U.S. sanctions on Iran, added uncertainty. Global crude softness further weighed on sentiment. With steady production but sluggish consumption, MDC prices are expected to stay mixed in the near term.