Page 201 - CW E-Magazine (11-2-2025)

China Chemical Market Vegetable Oil Market

Prices as on February 4, 2025
Name of Chemicals 4th February-2025 28th January-2025 Change Groundnut, Castor and Sesame move down
Acetone 843 843
Acrylic Acid 1063 1063 Downtrend prevailed in the market during the past week under
Acrylonitrile 1431 1431 review. Groundnut oil dropped by over 5%, while Rapeseed,
Adipic Acid 1143 1143
Aniline 1249 1249 Sesame and Castor oils eased lower by around 2%. Sunfl ower,
Benzene 1029 1029 Linseed and Cottonseed oils moved down by under a percent
Bisphenol-A 1304 1304 each. Among imported oils, RBD palmolein, crude Palm and
Butyl Acetate 943 943 crude degummed Soyabean moved up marginally. In solvent
Butyl Acrylate 1189 1189 extracted oils, Soyabean was down by about half a percent, Rice
n-Butanol 979 979 bran (RG-I) was down by a percent and Neem oil was up by over
Chloroform 356 356 0.60%. Comparing the prices of some of the oils over the same
Cyclohexane 1069 1069
Cyclohexanone 1235 1235 period last year, groundnut is cheaper by 13%. Rapeseed is costlier
Dibutyl Phthalate 1159 1159 by 28%, while linseed is costlier by 35% and sunfl ower is up by
Diethylene Glycol 647 647 49%. Sesame is cheaper by 4% and castor is costlier by 7%, while
Dimethyl Formamide 586 586 cottonseed is costlier by 43%.
Dioctyl Phthalate 1185 1185
Ethyl Acetate 774 774 Jan-2025 Jan-2025 Change Average Change
Ethyl Acrylate 1175 1175 Name of oils
Ethylene Dichloride 344 344 31st 25th [%] Jan-2024 [%]
Ethylene Glycol 652 652 Local oils
2-Ethylhexyl Acrylate 1486 1486
Formaldehyde 158 158 Groundnut oil 135,000 142,500 -5.26 154,375 -12.55
Hydrogen Peroxide 94 94 Rapeseed oil 127,000 129,500 -1.93 99,750 27.32
Isobutyl Alcohol 1032 1032
Isopropyl Alcohol 917 917 Sunfl ower oil 127,500 128,000 -0.39 85,813 48.58
Maleic Anhydride 895 895 Linseed oil 124,000 125,000 -0.80 92,271 34.39
Methanol 348 348
Methyl Ethyl Ketone 1142 1142 Sesame oil 240,000 245,000 -2.04 250,375 -4.14
Methyl Isobutyl Ketone 1301 1301 Washed cottonseed oil 122,500 123,500 -0.81 85,750 42.86
Methylene Dichloride 362 362
Monoethanolamine 908 908 Castor oil (commercial) 130,000 133,000 -2.26 121,146 7.31
Nitric Acid 222 222 Imported oils
Phenol 1069 1069
Phthalic Anhydride 1006 1006 RBD palmolein 129,000 128,500 0.39 84,688 52.32
Polyvinyl Alcohol 1733 1733 Crude degummed soybean oil 120,200 120,000 0.17 87,375 37.57
Propyl Acetate 1094 1094
Propylene Glycol 883 883 (ex-Mumbai)
Soda Ash 206 206 Crude palm oil (5%) (ex-Kandla) 125,200 124,700 0.40 78,746 58.99
Styrene 1179 1179
Terephthalic Acid 694 694 Solvent extracted oils
Titanium Dioxide 2051 2051 Soyabean oil (Indore) 117,000 117,500 -0.43 84,525 38.42
Toluene 939 939
Vinyl Acetate 794 794 Rice bran oil (RG-I) 101,500 102,500 -0.98 71,042 42.87
o-Xylene 983 983 Rice bran oil (RG-II) (industrial) 97,000 97,000 – 68,283 42.06
Price in USD per mt Neem oil 166,000 165,000 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.

200 Chemical Weekly February 11, 2025 Chemical Weekly February 11, 2025 201

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