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.

International cues pull down MEG prices in India

The prices of MEG has been spiraling down since the beginning of the year in the Indian markets, within the past two month the bulk price for the chemical in Mumbai market dropped from levels of Rs. 76 per kg to Rs.69.5 per kg exclusive of all taxes. In order to get a full perspective on the current market situation, the website spoke to trader, manufacturers and end-users in the country to comprehend the future demand outlook for the chemical in Indian markets.

Moderate DOP and DBP demand in India- dull PVC demand the culprit?

The demand for DOP and DBP is moderate while the prices for the plasticizers have been stable across various trading hubs in India. The website spoke to key stakeholders for DOP and DBP in the country, mainly manufacturers, end- users and traders in order to understand the main driving forces impacting the market.

Strong demand for Chloroform in India, but the spread between its feedstock and the chemical is questionable

The demand for Chloroform is steady in the Indian market as its used as a solvent in the pharmaceutical, dyes and pesticide industry. Industrial chloroform is manufactured from the chloromethane group. In this light, Indianpetrochem analyzed the price differential between the feedstock, Methane and Chloroform in India and comprehended the current market situation for the chemical. In order to get a comprehensive picture on Chloroform's market dynamics, the website spoke to traders across various trading hubs in India and surveyed the stock positions of various domestic manufacturers in the country.

PP off-takes strengthen in Indian markets post producers assuring price protections; demand likely to gain strength

The recent price protections for the PP material by polymer producers in India have resulted in moderately activating buying momentum in the major polymer markets in the country. Many traders also expect the demand to gain strength in the coming days if the prevailing conditions prolong. On the prevailing market trend, a Mumbai-based trader told Indianpetrochem," Demand for the PP material has gained some strength after producers assuring price protections in respect to the material. The producers seem to have assured price protection on account of import prices for the polymer being lower, and demand was not much active." He further said," If the prevailing prices persist, demand is likely to strengthen in the coming days." 

Short supply fluctuates Aniline prices- an in-depth view

The market price for Aniline in India has been very volatile over the past couple of months due to supply shortage of imported goods in the market. Indianpetrochem spoke to some industry participants on this matter and understood the market dynamics for the chemical across various trading hubs in India.

Slow demand pulls down bulk price of Toluene- how long will this last?

The bulk price for Toluene declined by Re. 1 a kg today amid sluggish demand within the country. Indianpetrochem surveyed this market sentiment by talking to some market participants and gained some insights on the current and future demand trend.