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Steady Buying trend were recorded in the Indian major markets for IPA

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Prices have stayed steady in the market. Click on Details for a weekly summary of price movements.

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Rolling polymer prices in the domestic, as well as international markets, have suppressed buying sentiments in the market

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Upswings in crude oil prices had an impact on the price of  Styrene and toluene based styrene in the International market, 

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The demand for Acetic Acid was moderate and the prices were down across various trading hubs in India. The ex-factory price for

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Uniform moderate demand conditions in the chemical markets in India have kept the price of DOP stable during the week

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MDC prices inched up in Indian chemical market as a result of which soft buying activity was observed in the market, according to traders.

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The demand for EDC was assessed good in the Indian market, according to market sources, as underlying end use demand is active. 

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Acrylonitrile prices inched up in International market on June 28, 2018. The following prices were recorded: South East Asia - from 

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Monoethylene glycol prices increased in the Indian chemical market as a result of which soft buying activity was observed in the market, according to traders.

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The price for the Polyamide 6 (PA6) hadn’t move significantly as the demand for the engineering plastic PA6 has been moderate

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DBP prices have remained stable in the major chemical markets in India.Demand conditions have been active due to the ongoing manufacturing activities.

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The demand for n-hexane was assessed as good in the Indian market, according to market sources,  as underlying end use demand is good. 

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The demand for Methanol has been up during the month in Mumbai forcing the price to go up.

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Jiangyin Petrochemical has shut its No. 2 Purified Terephthalic Acid (PTA) plant Thursday evening for 15 days of planned maintenance.

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On Thursday, MEG price went up in China price from $890/MT  to $895/MT (CFR), SE Asia price from $925/MT to $930/MT (CFR)

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On June 28, 2018, Propylene prices went down in China from $1085 to 1080/MT (CFR). Prices in South Korea, India, 

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On Thursday, Polypropylene (Injection Copolymer) prices went down in FE Asia from $1287.50 to 1282.50/MT CFR, in SE Asia

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On Thursday, Crude prices went up in NW Europe from $77.62/bbl to $77.85/bbl (Brent), in US Gulf from $72.76/bbl to $73.45/bbl (WTI)

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On Thursday, Methanol price was reported to have remained unchanged  in India at USD 380/MT(CFR), South Korea at USD 423/MT

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On Thursday, PTA prices were assessed steady in SE Asia at $860/MT(FOB), in FE Asia at $840/MT(FOB)  and in India at

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On Thursday, Phenol prices were reported to have remained unchanged in SE Asia at $1300/MT(CFR) in China at 

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In South East Asia, caustic soda price found no change on June 28, with the price at $470/MT on CFR basis on steady demand. 

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The Indian market is highly dependent on imports as there is only one domestic Isobutanol manufacturer. The price of the chemical has been falling

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The demand for Propionic Alcohol was assessed as good in the Indian market, according to market sources, as underlying end use demand was active.

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