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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Domestic Toluene Market Strengthens Despite Weak Downstream Demand
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.
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Acetic Acid Prices Crash 12% in India Amid Weak Demand and Cheaper Imports
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.
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Acetone Market Turns Bearish as Domestic Run Rates Improve and Imports Rise
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.
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Toluene Market Bearish on Crude Crash, Weak Coating Demand, and Eased Mideast Tensions
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.
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Muted Pharma, Alumina Demand Weighs on Caustic Soda Market; Prices Decline
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.
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Toluene Market Heats Up Amid Import Uncertainty; Buyers Rush to Secure Stocks
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.
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Weak Demand, High Inventory Overshadow Anti-Dumping Duty Gains in Acetonitrile
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.
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Indian Ethyl Acetate Prices Surge on Feedstock Crunch and Supply Disruptions
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.
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