Methylene Dichloride (MDC)
Methylene dichloride (MDC) is also known as dichloromethane. It is a volatile and colourless liquid commonly used as a solvent in various industries, like pharm...
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Manufacturers Push MDC Price Hike, But Market Struggles with Low Demand
MDC prices have increased, with manufacturers raising offers despite weak demand. Domestic supply is abundant due to increased production capacity from TGV SRAAC and the new entry of Sreyas. However, demand from the active pharmaceutical ingredient (API) sector remains low. The market is expected to remain volatile, with price stability dependent on manufacturer coordination and inventory management.
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Indian MDC Market Sees Price Correction Amid Ample Supply and Weak Demand
Methylene dichloride (MDC) prices in India have decreased by ₹3/kg this week due to sluggish demand from the API sector and higher inventory levels. Price reductions have been noted across various regions, with authorized dealers offering lower prices in southern India. Increased production capacity from TGV SRAAC and Sreyas has contributed to the price decline. Price volatility is expected in the near term.
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MDC Market Dynamics: Slow Demand, Cheaper Imports, and Supply Abundance
MDC prices have dropped by ₹2/kg due to weak demand, cheaper imports, and rising inventories. Domestic manufacturers face competition intensified by Sreyas Industries' re-entry, while feedstock cost pressures limit price flexibility.
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Indian Toluene Demand Cools as Consumers Hold Off Amid Price Volatility (23rd-Apr-2025)
Toluene prices dropped ₹2/kg this week, reflecting weak demand and falling replacement costs. Import offers range between ₹64.50–66/kg, while spot costs have dipped to ₹57–58/kg. Demand remains subdued, especially from pharma and coatings sectors. Experts anticipate a recovery only if crude oil strengthens and seasonal demand improves.
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Mono Chloro Acetic Acid (MCAA) Market Holds Steady Amid Firm Acetic Acid Feedstock Prices
Mono Chloro Acetic Acid (MCAA) prices increased ₹0.5/kg across key markets following a sharp increase in Acetic Acid costs. While producers revised rates upward, trading offers also moved higher. Supply remains steady with strong downstream demand from agrochemicals, pharma, and surfactants. Market players expect stable prices ahead, though falling Acetic Acid costs and weaker global sentiment could soften the outlook.
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Indian Methanol Import Offers Edge Higher Despite Lukewarm Demand, Bearish Global Sentiment Lingers
Methanol import offers in India have moved up by ₹1/kg amid slight improvement in buying interest, though trader sentiment remains mixed due to bearish signals from international markets. With steady domestic supply and incoming Iranian cargoes, buyers are proceeding cautiously. Weak downstream demand continues to weigh on pricing, especially in the amines, MTBE, and acetic acid sectors.
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GNFC Maintenance, Port Delays Fuel Acetic Acid Price Rally in India
Acetic Acid prices have surged due to supply tightness driven by GNFC’s shutdown, delayed imports, and low port inventories. Importers and traders have raised prices, with downstream sectors like Ethyl Acetate reacting with immediate hikes. Continued demand growth and limited supply are expected to keep prices firm and volatile in April.
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Buyers Hold Back as MIBK Prices Ease; Deepak Phenolics Entry in Focus
MIBK prices in India declined amid subdued demand, high port inventories, and falling replacement costs. Offers are now INR 116–119/kg depending on payment terms. While demand remains weak in bulk drug and rubber sectors, stable offtake in paints and coatings provides limited support. Deepak Phenolics’ entry may shift future supply trends.
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Domestic Methanol Prices Down W-o-W, Cheaper Iran cargoes weigh on market sentiment
Indian methanol import prices have softened by ₹2/kg amid the arrival of low-priced Iranian cargoes. Domestic prices are down ₹4/kg week-on-week. While supply remains stable, subdued downstream demand and bearish global cues are driving cautious buying behavior. Short-term volatility is expected as buyers await further price corrections.
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