N-Butyl Acetate (NBAC)
N-Butyl Acetate (NBAC) is a popular solvent used in coatings, lacquers, paints, inks, adhesives, and cleaning agents. It is a colorless liquid ester with a plea...
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N-Butyl Acetate Market Turns Bullish on Strong Demand, Higher Feedstock Costs
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.
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Indian N-Butyl Acetate Market Turns Bullish on Firm Demand, Tightening Supplies
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.
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Importers and Domestic Producers Hike N Butyl Acetate Prices as Demand Picks Up
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.
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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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