Page 188 - CW E-Magazine (29-4-2025)
P. 188

China Chemical Market                                                                                                                                                            Vegetable Oil Market

                                            Prices as on April 22, 2025
         Name of Chemicals                            22nd April-2025     15th April-2025           Change           Castor spurts; Groundnut and Sesame fall
        Acetone                                                826                849                  -23
        Acrylic Acid                                          1040               1044                  -4               Mixed trends prevailed in the market during the past week
        Acrylonitrile                                         1177               1210                  -33           under review. Castor oil moved up by a signifi cant 8%, even
        Adipic Acid                                           1005               1072                  -67
        Aniline                                               1035                1108                 -73           as Groundnut, Sesame and Cottonseed oils fell by over a per-
        Benzene                                                877                916                  -39           cent. Rapeseed oil moved down marginally, while Linseed and
        Bisphenol-A                                           1239               1209                  30            Sunfl ower oils remained steady. Among imported oils, RBD
        Butyl Acetate                                          953                978                  -25           palmolein and crude Palm ruled lower in the range of 2-3% and
        Butyl Acrylate                                        1194               1223                  -29           crude degummed Soyabean was down by 1.40%. In solvent
        n-Butanol                                              877                915                  -38           extracted oils, Soyabean fell by over 2%, Rice brans moved up by
        Chloroform                                             380                386                  -6            half a percent and Neem oil fell by 0.60%. Comparing the prices
        Cyclohexane                                           1044               1049                  -5            of some of the oils over the same period last year, groundnut is
        Cyclohexanone                                         1060                1133                 -73
        Dibutyl Phthalate                                     1122                1132                 -10           cheaper by 11%. Rapeseed is costlier by 29%, while linseed is costlier
        Diethylene Glycol                                      606                638                  -32           by 38% and sunfl ower is up by 51%. Sesame is cheaper by 3% and
        Dimethyl Formamide                                     591                566                  25            castor is costlier by 14%, while cottonseed is costlier by 32%.
        Dioctyl Phthalate                                     1121                1144                 -23
        Ethyl Acetate                                          762                770                  -8                                                 Apr-2025        Apr-2025      Change       Average     Change
        Ethyl Acrylate                                        1401               1408                  -7             Name of oils
        Ethylene Dichloride                                    269                287                  -18                                                     18th            11th        [%]      Apr-2024        [%]
        Ethylene Glycol                                        598                624                  -26             Local oils
        2-Ethylhexyl Acrylate                                 1260               1294                  -34
        Formaldehyde                                           161                165                  -4              Groundnut oil                       132,000         134,000        -1.49      148,646     -11.20
        Hydrogen Peroxide                                       94                 95                  -1              Rapeseed oil                        132,000         133,000        -0.75      102,125      29.25
        Isobutyl Alcohol                                       984               1035                  -51
        Isopropyl Alcohol                                      899                918                  -19             Sunfl ower oil                       133,500         133,500           –        88,146      51.45
        Maleic Anhydride                                       911                937                  -26             Linseed oil                         129,500         129,500           –        94,083      37.64
        Methanol                                               332                357                  -25
        Methyl Ethyl Ketone                                   1021               1035                  -14             Sesame oil                          240,000         243,000        -1.23      247,375      -2.98
        Methyl Isobutyl Ketone                                1287               1362                  -75             Washed cottonseed oil               128,000         130,000        -1.54       97,208      31.68
        Methylene Dichloride                                   297                335                  -38
        Monoethanolamine                                       938                975                  -37             Castor oil (commercial)             137,000         127,000        7.87       119,833      14.33
        Nitric Acid                                            214                205                   9              Imported oils
        Phenol                                                 954               1004                  -50
        Phthalic Anhydride                                     985               1031                  -46             RBD palmolein                       127,500         131,000        -2.67       94,933      34.31
        Polyvinyl Alcohol                                     1809               1817                  -8              Crude degummed soybean oil          121,600         123,300        -1.38       90,704      34.06
        Propyl Acetate                                         950                994                  -44
        Propylene Glycol                                       875                851                  24              (ex-Mumbai)
        Soda Ash                                               192                204                  -12             Crude palm oil (5%) (ex-Kandla)     121,400         125,100        -2.96       91,842      32.18
        Styrene                                               1080                1142                 -62
        Terephthalic Acid                                      595                671                  -76             Solvent extracted oils
        Titanium Dioxide                                      2132                2117                 15              Soyabean oil (Indore)               119,500         122,000        -2.05       91,000      31.32
        Toluene                                                769                836                  -67
        Vinyl Acetate                                          828                830                  -2              Rice bran oil (RG-I)                108,000         107,500        0.47        79,542      35.78
        o-Xylene                                               975               1007                  -32             Rice bran oil (RG-II) (industrial)  105,000         104,500        0.48        76,542      37.18
        Price in USD per mt                                                                                            Neem oil                            162,000         163,000        -0.61      156,833       3.29
        The above prices are provided by Ms. Annie An of ECHEMI www.echemi.com, (Email: annie@echemi.com)
        The prices are published only with a view to give some ideas of the market conditions.                       Note: Rates in Rs. per ton.
                                                                                                                     Source: Solvent Extractors Association of India.

       188                                                                      Chemical Weekly  April 29, 2025      Chemical Weekly  April 29, 2025                                                                 189


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