Page 187 - CW E-Magazine (31-12-2024)

China Chemical Market Vegetable Oil Market

Prices as on December 24, 2024
Name of Chemicals 24th December-2024 17th December-2024 Change Cottonseed, Sunfl ower and Rapeseed down
Acetone 810 806 4
Acrylic Acid 964 949 15
Acrylonitrile 1295 1306 -11 Downtrend prevailed in the market during the past week under review.
Adipic Acid 1116 1160 -44 Sunfl ower oil moved down by over 3%, while Rapeseed oil fell by
Aniline 1287 1302 -15 almost 2%. Groundnut and Linseed oils eased lower by under a percent,
Benzene 1032 1040 -8 while Cottonseed oil slipped by about 5%. Castor oil gained marginally
Bisphenol-A 1351 1300 51 and Sesame oil remained steady. Among imported oils, RBD palmolein
Butyl Acetate 948 962 -14 and crude Palm were down by 0.75 and 3.75%, respectively, while crude
Butyl Acrylate 1194 1198 -4 degummed Soyabean fell by over 5%. In solvent extracted oils, Soyabean
n-Butanol 995 1018 -23 was down by 3.40%, while Rice brans moved down in the range of 2-5%
Chloroform 274 275 -1
Cyclohexane 1066 1068 -2 and Neem oil gained marginally. Comparing the prices of some of the oils
Cyclohexanone 1226 1250 -24 over the same period last year, groundnut is cheaper by 10%. Rapeseed is
Dibutyl Phthalate 1130 1128 2 costlier by 30%, while linseed is costlier by 38% and sunfl ower is up by
Diethylene Glycol 632 654 -22 46%. Sesame is cheaper by a percent and castor is costlier by 7%, while
Dimethyl Formamide 582 584 -2 cottonseed is costlier by 34%.ation of India.
Dioctyl Phthalate 1143 1179 -36
Ethyl Acetate 784 787 -3 Dec-2024 Dec-2024 Change Average Change
Ethyl Acrylate 1180 1184 -4 Name of oils
Ethylene Dichloride 342 342 – 20th 13th [%] Dec-2023 [%]
Ethylene Glycol 640 641 -1 Local oils
2-Ethylhexyl Acrylate 1465 1454 11
Formaldehyde 162 162 – Groundnut oil 142,500 143,000 -0.35 158,840 -10.29
Hydrogen Peroxide 97 98 -1 Rapeseed oil 130,000 132,500 -1.89 100,320 29.59
Isobutyl Alcohol 970 1008 -38
Isopropyl Alcohol 917 917 – Sunfl ower oil 125,000 129,000 -3.10 85,380 46.40
Maleic Anhydride 897 877 20 Linseed oil 125,000 126,000 -0.79 90,480 38.15
Methanol 350 351 -1
Methyl Ethyl Ketone 1080 1008 72 Sesame oil 240,000 240,000 – 243,600 -1.48
Methyl Isobutyl Ketone 1279 1297 -18 Washed cottonseed oil 115,500 121,500 -4.94 86,480 33.56
Methylene Dichloride 386 402 -16
Monoethanolamine 884 883 1 Castor oil (commercial) 131,000 130,500 0.38 122,280 7.13
Nitric Acid 216 216 – Imported oils
Phenol 1085 1099 -14
Phthalic Anhydride 902 892 10 RBD palmolein 131,500 132,500 -0.75 82,852 58.72
Polyvinyl Alcohol 1728 1732 -4 Crude degummed soybean oil 118,000 125,000 -5.60 88,180 33.82
Propyl Acetate 1125 1148 -23
Propylene Glycol 903 919 -16 (ex-Mumbai)
Soda Ash 211 211 – Crude palm oil (5%) (ex-Kandla) 128,300 133,300 -3.75 77,216 66.16
Styrene 1214 1226 -12
Terephthalic Acid 663 652 11 Solvent extracted oils
Titanium Dioxide 2045 2057 -12 Soyabean oil (Indore) 113,500 117,500 -3.40 84,544 34.25
Toluene 830 813 17
Vinyl Acetate 785 789 -4 Rice bran oil (RG-I) 103,000 105,000 -1.90 73,440 40.25
o-Xylene 924 927 -3 Rice bran oil (RG-II) (industrial) 95,000 100,000 -5.00 70,812 34.16
Price in USD per mt Neem oil 165,000 164,000 0.61 – –
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.

186 Chemical Weekly December 31, 2024 Chemical Weekly December 31, 2024 187

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