Deepak Fertilizer IPA (COMMERCIAL) Bulk in Taloja

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 rose by ₹3/kg across India, fueled by tight import supply and uncertainty around July shipments. Importers are withholding fresh offers, leading to panic buying in the spot market. Despite a price rally, downstream demand outside pharmaceuticals remains weak. Margins for refiners are under pressure as BTX spreads shrink.

Importers have lowered Acetonitrile prices by ₹5/kg this week, bringing bulk offers down to ₹100/kg Ex-Mumbai on 60 days payment terms. Traders' spot offers currently stand at ₹101/kg Ex-Kandla, also on 60 days credit terms.

Ethyl Acetate prices have surged by ₹3–4/kg across major producers due to tight raw material availability, geopolitical tensions, and rising freight costs. Output reductions and cautious supplier behavior have fueled bullish sentiment. With downstream demand firming up, prices are expected to remain volatile through June and may breach ₹75/kg.

Importers have raised Toluene prices by ₹1/kg, with bulk deals now quoted at ₹68.50++ Ex-Mumbai and ₹68.00++ Ex-Kandla on 60 days credit terms. Traders' spot offers are even firmer, ranging between ₹70-71++ Ex-Mumbai and Ex-Kandla on similar terms. Toluene prices have surged nearly ₹4.5/kg on a week-on-week basis, primarily driven by the sharp rally in crude oil prices and escalating geopolitical tensions between Iran and Israel.

Week-on-week, methanol prices have risen by ₹6/kg—triggered primarily by escalating geopolitical tensions in the Middle East. On June 14, 2025, Iran’s South Pars gas field in Kangan (Bushehr province) was reportedly struck by an Israeli drone. The attack has severely disrupted Iranian methanol shipments and raised alarms across global petrochemical markets.

Acetic Anhydride prices declined by ₹1/kg due to weaker feedstock costs and broad market sentiment. However, rising demand from the pharmaceutical sector—especially Paracetamol production—has helped limit further downside. While supply remains ample, seasonal agrochemical demand and pharma consumption are expected to stabilize prices in the short to medium term.

Track daily ethyl acetate prices across India. Follow trade deals, plant status, and import-export trends shaping India’s ethyl acetate market.