Monochlorobenzene (MCB)
Monochlorobenzene (MCB) is a versatile organic compound with a chlorinated benzene structure. It is a clear, colorless, and volatile organic solvent with a mild...
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Benzene and Crude Weakness Adds Bearish Tone to Toluene
Toluene prices softened to ₹67–68/kg amid weak paint and coating demand and oversupply, tracking a 3% drop in crude oil. Imports dominate India’s 57,000 MT monthly need, while pharma demand may lend near-term support. Market direction hinges on crude trends and post-monsoon recovery in downstream sectors.
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India’s Acetic Acid Market Remains Stable; Downstream Sentiment Muted During Festive Period
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.
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Acetic Acid Prices Extend Decline Amid Weak Feedstock and Subdued Demand
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.
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MDC Prices Under Pressure as US Pharma Tariffs Disrupt Demand Patterns
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.
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Methanol Import Constraints and Festive Buying Keep Indian Market Bullish
Indian methanol prices held firm near ₹31/kg despite a festive lull, driven by strong formaldehyde demand and curtailed Iranian imports. Chinese CFR prices softened on oversupply, but Indian buyers continue active procurement. Futures show near-term tightness, while crude and gas trends add to overall market caution.
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Indian Ethyl Acetate Market Braces for Further Upside on Rising Raw Material Costs
Ethyl acetate markets showed mixed trends as acetic acid softened domestically but firmed in China. Ethanol prices surged on higher blending mandates, while methanol declined. Strong downstream demand and GST cuts for polymers are expected to boost momentum. Rising exports may create domestic shortages, keeping the outlook volatile yet firm.
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IPA Prices in India Under Pressure, Recovery Hinges on Bulk Drug Uptick
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.
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India Acetone Prices Hold Steady at ₹60/kg; Demand Recovery Expected Post-Monsoon
Acetone prices in India firmed to ₹60/kg amid stable supply and subdued demand. Imports matched domestic offers, while Asian benchmarks continued downward corrections. Feedstock costs declined, supporting production. Demand from bulk drugs remains weak, but personal care, adhesives, and inks are expected to drive recovery post-monsoon.
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India Holds Firm as Sanctions Reshape Asia’s Methanol Trade
Methanol markets across Asia remained muted this week. India stood out as the strongest netback market, with sanctions on Iranian cargoes tightening availability and keeping prices firm near ₹30/kg despite cautious demand during a festive lull. Non-sanctioned sellers are largely sold out for September, leaving October offers pending, while global production shortfalls and diverted cargoes continue to shape regional trade flows.
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