Accordd Organics NBAC Price in Supa

N-butyl acetate prices increased by ₹1/kg, now at ₹88++/kg ex-Kandla and ex-Ahmednagar, driven by strong demand from the paints and coatings sector. Supply remains tight, with manufacturers stockpiling ahead of peak demand. Global crude oil prices declined, but experts anticipate further price hikes due to limited inventory and sustained demand.

N-Butyl Acetate prices have been revised upwards by importers, rising by ₹1/kg to ₹87++ per kg ex-Kandla on 60-day credit terms. Accord Organics, a key domestic producer, has also increased its base price by ₹1/kg, now offering at ₹87.00++ per kg ex-Ahmednagar on advance payment terms.

N Butyl Acetate prices rose by ₹1/kg, driven by increased purchasing activity in the paints and coatings industry and constrained supply. Domestic and import prices now stand at ₹88++ per kg. While global benchmarks show mixed trends, strong seasonal demand and limited inventories are expected to sustain price momentum.

Acetone prices declined ₹2/kg this week due to weak downstream demand and rising imports. Domestic supply remains stable, but the pharma and coatings sectors saw reduced offtake. Global feedstock trends and OPEC’s crude output hike added bearish pressure. Market sentiment remains weak, with buyers advised to limit inventory.

Domestic Acetic Acid prices have softened by ₹0.5/kg, now quoted at ₹31.75++/kg Ex-Kandla and ₹32.00++/kg Ex-Mumbai for advance payment terms. For bulk volumes with 90-day credit applicable for July and August liftings, rates are at ₹32.50++/kg Ex-Kandla and ₹32.75++/kg Ex-Mumbai.

Domestic methanol prices dropped marginally after the BIS certification withdrawal. Weak downstream demand and lower replacement costs are pressuring prices. Despite steady supply, port inventories are rising due to slow offtake. Global prices show slight strength, but Indian buyers are advised to remain cautious amid a potential supply surge.

MIBK prices declined ₹1/kg this week due to high port inventories, weak downstream demand, and falling replacement costs. While demand from paints and packaging remains low, rubber and bulk drug sectors show early signs of revival. Deepak Phenolics’ entry may alter domestic supply dynamics by Q3 2025.

Despite weak downstream demand, domestic toluene prices in India rose ₹2/kg this week, tracking a sharp global crude oil rally. While pharma demand offers some support, monsoon-led slowdowns continue to affect paints, coatings, and packaging segments. Rising crude prices and tight refinery margins could drive further price volatility.

Acetic Acid prices in India dropped 12% amid weak downstream demand, monsoon disruptions, and cheaper Chinese imports. International prices also declined, with spot deals as low as ₹28/kg. While demand from Acetonitrile and dye sectors offers limited support, overall sentiment remains bearish, with further price corrections likely in the short term.