Imported MEK Price in Kandla

MEK import prices in India dropped by ₹3/kg to ₹88.50/kg (Ex-Kandla, 30-day credit), driven by weak downstream demand and ample inventories. Domestic Cetex prices stand at ₹90–92/kg (Ex-Chennai). Market sentiment remains cautious, though steady demand from printing inks and packaging sectors may stabilize prices post-April.

MEK prices in India dropped due to weak market sentiment and financial year-end sluggishness. While short-term prices remain under pressure, demand from printing inks and packaging sectors may support recovery post-March 2025.

Acetone prices fell by ₹3/kg amid improved domestic production, steady import arrivals, and sluggish downstream demand. Paints, IPA, and DAA segments remain weak, while upcoming pharma sector demand could provide limited support. With bearish feedstock trends and rising availability, prices are expected to stay soft in the short term.

Toluene prices fell ₹2/kg amid weak demand from paints and coatings sectors and improved domestic supply. Stabilizing Middle East tensions and rising US crude inventories have further weighed on sentiment. Although pharma-related demand offers limited support, refining margins remain under pressure. A price recovery appears unlikely in the short term.

Caustic Soda Flakes and Lye prices dropped ₹2/kg due to subdued demand from key sectors like pharmaceuticals and aluminium. New supply from Sreyas Industries is adding pressure to an already oversupplied market. While demand from textiles and paper remains stable, the overall market sentiment is bearish with price pressure likely to persist.

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.