N-Propyl Acetate (NPAC)
N-Propyl Acetate (NPAC) is a high-performance and colourless solvent widely used in industrial coatings, printing inks, and adhesives. It has low toxicity and s...
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Indian N-Propanol & NPAC Prices Decline Amid Weak Demand, Expected Rebound Post-March
Indian N-Propanol and N-Propyl Acetate (NPAC) prices have declined due to weak demand and excess inventory. Importers reduced N-Propanol prices by ₹1/kg to ₹95/kg, while NPAC dropped ₹2/kg to ₹92-94/kg. Demand from the paints and coatings sector remains strong, and prices are expected to rebound post-March. Lower acetic acid costs may influence NPAC pricing trends.
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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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Domestic Ethyl Acetate Producers Hike Prices Amid Feedstock Shortage and Shutdowns
Ethyl Acetate prices have surged up to ₹4/kg due to rising feedstock costs, production constraints, and higher freight rates. Manufacturers are cautious about large-volume deals amid supply uncertainties and a major shutdown. Substitution from Acetone is increasing demand. Price volatility is expected to persist through June 2025.
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India’s Acetone Prices Climb on Firm Seasonal Demand, Supply Tightness in May 2025
Acetone prices in India have increased by ₹2/kg due to tight supply, strong paint sector demand, and low port inventories. Domestic output remains constrained while downstream sectors like pharmaceuticals and diacetone alcohol rebound. Traders expect further price hikes, while producers are cautious amid low conversion margins and limited vessel arrivals.
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Price Correction Hits Indian MEK Market; Seasonal Recovery Expected Post-April
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.
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Ethyl Acetate Prices Climb as Acetic Acid Tightens; and Tariff Woes Add Pressure
Accordd Organics has hiked Ethyl Acetate prices by ₹1/kg to ₹70++/kg (Ex-Ahmednagar), amid a 6% rise in Acetic Acid costs and feedstock shortages caused by GNFC’s maintenance and import delays. With traders withholding offers and freight rates surging, the market faces ongoing volatility through Q2 2025.
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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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