Page 207 - CW E-Magazine (21-1-2025)

China Chemical Market Vegetable Oil Market

Prices as on January 14, 2025
Name of Chemicals 14th January-2025 7th January-2025 Change Rapeseed and Sesame move up
Acetone 819 822 -3
Acrylic Acid 1052 1045 7
Acrylonitrile 1375 1273 102 Mixed trends prevailed in the market during the past week under
Adipic Acid 1115 1111 4 review. Groundnut oil eased lower by almost 2%, while Rapeseed and
Aniline 1239 1235 4 Sesame oils moved up by over 2%. Sunfl ower and Linseed oils
Benzene 1004 1000 4 held fi rm, even as Cottonseed and Castor oils gained marginally.
Bisphenol-A 1289 1303 -14 Among imported oils, RBD palmolein and crude Palm was
Butyl Acetate 925 968 -43 up by about half a percent, while crude degummed Soyabean
Butyl Acrylate 1188 1189 -1 was up by 2.50%. In solvent extracted oils, Soyabean was up by
n-Butanol 986 970 16 about 4%, Rice bran (RG-I) gained over 2% and Neem oil stayed
Chloroform 305 276 29
Cyclohexane 1061 1061 – steady. Comparing the prices of some of the oils over the same
Cyclohexanone 1171 1189 -18 period last year, groundnut is cheaper by 9%. Rapeseed is costlier
Dibutyl Phthalate 1129 1132 -3 by 34%, while linseed is costlier by 35% and sunfl ower is up by
Diethylene Glycol 613 622 -9 48%. Sesame is cheaper by 2% and castor is costlier by 9%, while
Dimethyl Formamide 580 581 -1 cottonseed is costlier by 45%.
Dioctyl Phthalate 1147 1163 -16
Ethyl Acetate 768 784 -16 Jan-2025 Jan-2025 Change Average Change
Ethyl Acrylate 1174 1175 -1 Name of oils
Ethylene Dichloride 341 341 – 10th 3rd [%] Jan-2024 [%]
Ethylene Glycol 641 641 – Local oils
2-Ethylhexyl Acrylate 1475 1483 -8
Formaldehyde 156 156 – Groundnut oil 140,000 142,500 -1.75 154,375 -9.31
Hydrogen Peroxide 95 96 -1 Rapeseed oil 134,000 131,000 2.29 99,750 34.34
Isobutyl Alcohol 983 967 16
Isopropyl Alcohol 899 909 -10 Sunfl ower oil 127,000 127,000 – 85,813 48.00
Maleic Anhydride 888 888 – Linseed oil 125,000 125,000 – 92,271 35.47
Methanol 348 348 –
Methyl Ethyl Ketone 1111 1098 13 Sesame oil 245,000 240,000 2.08 250,375 -2.15
Methyl Isobutyl Ketone 1298 1298 – Washed cottonseed oil 124,000 123,000 0.81 85,750 44.61
Methylene Dichloride 379 383 -4
Monoethanolamine 901 890 11 Castor oil (commercial) 132,000 131,500 0.38 121,146 8.96
Nitric Acid 219 217 2 Imported oils
Phenol 1041 1056 -15
Phthalic Anhydride 963 904 59 RBD palmolein 134,000 133,400 0.45 84,688 58.23
Polyvinyl Alcohol 1720 1735 -15 Crude degummed soybean oil 123,500 120,500 2.49 87,375 41.34
Propyl Acetate 1086 1052 34
Propylene Glycol 886 895 -9 (ex-Mumbai)
Soda Ash 206 206 – Crude palm oil (5%) (ex-Kandla) 129,700 129,200 0.39 78,746 64.71
Styrene 1165 1161 4
Terephthalic Acid 678 655 23 Solvent extracted oils
Titanium Dioxide 2035 2036 -1 Soyabean oil (Indore) 120,000 115,500 3.90 84,525 41.97
Toluene 860 831 29
Vinyl Acetate 785 783 2 Rice bran oil (RG-I) 104,500 102,000 2.45 71,042 47.10
o-Xylene 983 921 62 Rice bran oil (RG-II) (industrial) 98,000 98,000 – 68,283 43.52
Price in USD per mt Neem oil 165,000 165,000 – – –
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.

206 Chemical Weekly January 21, 2025 Chemical Weekly January 21, 2025 207

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