PVC price not likely to go up in India on account of inactive demand

PVC prices are likely to remain almost stable in Indian polymer markets, as indicated by the prevailing demand and supply conditions. Demand for the Vinyl-based polymer has failed to attain active momentum in the country's markets as the pipe industry (agricultural as well as construction) is still in the slow-down state. A polymer trader in the Delhi market told Indianpetrochem in the context of the prevailing market conditions in respect to the polymer," Demand for PVC has undergone slight improvement, and it is moderately active." He further said," I do not foresee any notable fluctuation in price of the polymer in the coming days. The price is most likely to remain stable."

Methanol prices gain weight in India: implications on its downstream derivatives

The bulk prices of Methanol gained weight by 14% in Ahmedabad market and around 9% in the Mumbai market. In this review, Indianpetrochem analyses the factors implicating the Methanol prices in the country. Alongside, the price movement for its downstream derivatives such as Formaldehyde and Acetic Acid are also examined.

Short supply pushes Acetic Acid prices in India

The Indian markets witnessed a spike in Acetic Acid prices on various accounts. In this review, the website gathers various forces impacting the price of the chemical which finds widespread applications in chemical intermediaries like Vinyl Acetatae Monomer (VAM), Ethyl Acetate, and in end user industries such as dye manufacturing.

Uniform demand to keep LLDPE prices steady in Indian markets

Uniform moderate demand conditions in the polymer markets in India have kept prices of the LLDPE material almost stable. Prices of the material are not likely to undergo any major fluctuation in the near term, as indicated by the demand pattern prevailing in the country.  Describing the prevailing market situations in respect to the polymer, a Delhi-based trader told Indianpetrochem, " Off-takes of the LLDPE material are moderately active, but uniform, and I do not see prices going up or down in the coming days."

Phenol demand moderate yet price hike noted in India

The demand for Phenol is moderate to weak across major trading hubs in India. Interestingly, Phenol's bulk price increased by Rs.3 - 4 per kg at the end of this week, in parallel marginal price hike for Acetone was also observed. Indianpetrochem takes a quick review on the price trend for Phenol and examines the reason for the price hike in this market review.

PVC price not to undergo upward movement in the absence of active demand

The continuance of imposition of Anti Dumping Duty on PVC imports into India is likely to have minimal impact on prices of the polymer in the country, and there is almost no likelihood of the price going up in the country as demand continues to remain sluggish.