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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Acetic Acid Prices Firm on Vessel Delay Speculation
Acetic Acid prices in India rose by ₹2/kg amid concerns over vessel delays and tight supply. Importers and traders are holding back large-volume offers, anticipating further escalation. Despite subdued demand from Ethyl Acetate and Acetic Anhydride producers, strong offtake from bulk drugs and MCAA sectors is supporting bullish sentiment. Market eyes further price rebound.
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Ethyl Acetate Output Hit by Feedstock Shortages and Laxmi Organics Shutdown
Ethyl Acetate prices in India increased sharply amid escalating feedstock costs, limited raw material availability, and upcoming production shutdowns. Key producers raised offers by ₹1–2/kg. With Acetic Acid and Ethanol prices surging and logistics costs climbing, market participants expect further price gains. Demand from downstream industries remains robust, supporting bullish sentiment.
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Toluene Margins Squeezed ; Price Hike Seen as Crucial for Refinery Economics
Toluene prices in India have surged ₹3/kg, driven by geopolitical tensions, rising crude oil, and naphtha prices. Importers are holding firm on higher offers despite tepid buyer response. Refinery margins are under severe pressure, pushing expectations of a price rebound. Downstream demand from pharma and coatings sectors shows gradual recovery.
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FOB China Stable; India's Acetic Acid Market caught between soft demand and Supply Worries
Acetic Acid prices softened in India despite tight port inventories, driven by weak demand and lower replacement costs. While some bullishness is expected from downstream sectors, ongoing plant turnarounds and geopolitical risks continue to pressure the market. Strategic inventory building is advised amid anticipated supply disruptions and price volatility.
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India’s Toluene Market Sees Bearish Trend; Pharma Demand Signals May Revival
Toluene prices dropped by ₹1/kg this week due to weak sentiment and lower replacement costs. Despite soft liquidation, downstream demand—especially from pharma and coatings—is recovering. While margins remain under pressure, rising crude oil and demand may support price rebound. Importers remain cautious amid fluctuating market signals.
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Despite Lower Futures and Iranian Supply Pressure, Indian Methanol Demand and Liquidation Stay Firm
Domestic methanol prices dropped ₹0.50/kg amid healthy market activity and steady supply. Strong liquidation in Kandla and stable demand from formaldehyde and bulk drug sectors supported near-term stability. However, softening Asian futures and incoming Iranian cargoes signal a possible correction by mid-May 2025.
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