Daily Market Report
Tune in to daily market reports on Nexizo to gain insights on the latest market trends.

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Indian Niacinamide Prices Ease Amid Weak Personal Care Demand, Export Slowdown
Niacinamide prices dropped by ₹100/kg this week due to weak export demand and slow domestic consumption. Seasonal demand fluctuations and financial year-end closures further impacted trading activity. However, supply remains stable, supported by Jubilant Ingrevia’s expanded production capacity in Gujarat. With India’s Niacinamide demand growing at 6.9% CAGR, market dynamics are expected to shift.
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Indian MX Prices Decline on Weak Demand; Seasonal Recovery Expected in April
Mixed Xylene (MX) prices dropped by ₹3/kg due to reduced replacement costs and weak downstream demand ahead of fiscal year-end. Despite healthy supply levels, demand from sectors like paints and coatings has slowed. However, seasonal demand is expected to rebound in April, potentially supporting prices.
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Indian Sodium Methoxide Market Sees Price Correction Amid Biodiesel Slowdown
Sodium Methoxide prices have decreased by ₹1 per kg amid a slowdown in biodiesel production and fiscal year-end lulls. The supply remains stable, but unfavorable economics challenge manufacturers. Industry experts suggest a cautious approach due to fluctuating market conditions.
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Toluene Prices Decline as Benzene Future Contracts Weaken; FY Closing Slows Market Activity
Toluene prices dropped by ₹5/kg amid bearish sentiment and declining benzene contracts. Despite stable supply, year-end inventory caution dampened demand. The naphtha-to-toluene spread fell below breakeven, while favorable benzene spreads offered some relief. Seasonal demand from paints and coatings may support prices post-March, though overall market outlook remains cautious.
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Indian IPA Market Faces Bearish Sentiment on High Stocks, Year-End Slowdown
IPA prices have declined sharply amid high port inventories and sluggish downstream demand. Importers are facing liquidation pressure, while domestic producers maintain stable prices. Bulk buyers seek lower rates for April. With reduced consumption from pharma manufacturers and ongoing financial year-end stock adjustments, bearish market sentiment is expected to persist.
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Manufacturers Push MDC Price Hike, But Market Struggles with Low Demand
MDC prices have increased, with manufacturers raising offers despite weak demand. Domestic supply is abundant due to increased production capacity from TGV SRAAC and the new entry of Sreyas. However, demand from the active pharmaceutical ingredient (API) sector remains low. The market is expected to remain volatile, with price stability dependent on manufacturer coordination and inventory management.
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Methanol Prices Drop as Iranian Supply Resumes, Demand Remains Weak
Methanol prices dropped by ₹4/kg week-on-week due to weak demand and resumed Iranian production. Imports are quoted at ₹34.00-₹35.00/kg across ports. While formaldehyde demand remains steady, bulk drug manufacturers cut consumption sharply. Market experts anticipate further corrections as supply increases. Buyers should exercise caution in inventory decisions.
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Indian MEK Market Sees Price Correction on Lower Replacement Costs
MEK prices in India dropped due to weak market sentiment and financial year-end sluggishness. While short-term prices remain under pressure, demand from printing inks and packaging sectors may support recovery post-March 2025.
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Aniline Prices Decline as Feedstock Costs Drop – Will Demand Revive?
Aniline prices declined by ₹2/kg due to weak demand and lower feedstock costs. Importer rates stand at ₹130++/kg, while GNFC maintains ₹136.45++/kg. Supply remains ample, but seasonal demand from agrochemicals and PU foam may drive recovery in April. Experts suggest inventory-building amid falling Benzene and Ammonia prices.
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Indian DEG Market Sees Price Adjustments as Paints & Agrochemicals Drive Demand
DEG prices saw minor adjustments, with importers reducing rates by ₹1/kg while IOCL raised prices marginally. Despite ample inventories, stable demand from paints and agrochemicals kept the market balanced.
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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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Toluene Prices Under Pressure! Traders and Importers Quote Lower Rates
Toluene prices dropped by ₹4/kg due to bearish crude oil trends and benzene corrections. Offers range from ₹72.50–₹74.00/kg across markets. Despite strong seasonal demand, weak bulk drug consumption keeps the market bearish. Traders should monitor crude oil fluctuations and avoid stockpiling as near-term prices remain uncertain.
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