Page 200 - CW E-Magazine (25-3-2025)
P. 200

China Chemical Market                                                                                                                                                            Vegetable Oil Market

                                            Prices as on March 18, 2025
         Name of Chemicals                            18th March-2025    11th March-2025            Change           Rapeseed, Groundnut and Linseed move down
        Acetone                                                849                874                  -25
        Acrylic Acid                                          1033               1055                  -22              Downtrend prevailed in the market during the past week under
        Acrylonitrile                                         1206               1223                  -17
        Adipic Acid                                           1077               1099                  -22           review. Rapeseed oil was down by over 4%, and Cottonseed oil
        Aniline                                               1187               1237                  -50           fell by over 2%. Groundnut and Linseed oils moved down by over
        Benzene                                                959                994                  -35           a percent. Sunfl ower, Sesame and Castor oils remained steady.
        Bisphenol-A                                           1279               1285                  -6            Among imported oils, RBD palmolein and crude Palm fell by
        Butyl Acetate                                          996               1009                  -13           a percent and crude degummed Soyabean was down by over
        Butyl Acrylate                                        1224               1250                  -26           2.50%. In solvent extracted oils, Soyabean was down by 2%, while
        n-Butanol                                              923                929                  -6            Rice brans fell marginally and  Neem oil remained unmoved.
        Chloroform                                             388                385                   3
        Cyclohexane                                           1053               1049                   4            Comparing the prices of some of the oils over the same period last
        Cyclohexanone                                         1157                1187                 -30           year, groundnut is cheaper by 7%. Rapeseed is costlier by 25%,
        Dibutyl Phthalate                                     1128                1127                  1            while  linseed  is  costlier  by  35%  and  sunfl ower  is  up  by  52%.
        Diethylene Glycol                                      633                632                   1            Sesame is cheaper by 5% and castor is costlier by 4%, while
        Dimethyl Formamide                                     584                581                   3            cottonseed is costlier by 36%. Neem is costlier by 5%.
        Dioctyl Phthalate                                     1123                1133                 -10
        Ethyl Acetate                                          785                778                   7                                                 Mar-2025        Mar-2025      Change       Average     Change
        Ethyl Acrylate                                        1414               1449                  -35            Name of oils
        Ethylene Dichloride                                    300                302                  -2                                                      13th            07th        [%]      Mar-2024        [%]
        Ethylene Glycol                                        642                642                   –              Local oils
        2-Ethylhexyl Acrylate                                 1351               1400                  -49
        Formaldehyde                                           163                161                   2              Groundnut oil                       138,500         141,000        -1.77      148,854      -6.96
        Hydrogen Peroxide                                       97                 99                  -2              Rapeseed oil                        128,000         133,500        -4.12      102,367      25.04
        Isobutyl Alcohol                                      1033               1076                  -43
        Isopropyl Alcohol                                      929                948                  -19             Sunfl ower oil                       137,000         137,000           –        89,896      52.40
        Maleic Anhydride                                       925                908                  17              Linseed oil                         131,000         132,500        -1.13       96,896      35.20
        Methanol                                               370                368                   2
        Methyl Ethyl Ketone                                   1063               1055                   8              Sesame oil                          240,000         240,000           –       253,250      -5.23
        Methyl Isobutyl Ketone                                1388               1375                  13              Washed cottonseed oil               130,000         133,000        -2.26       95,604      35.98
        Methylene Dichloride                                   357                331                  26
        Monoethanolamine                                       993                989                   4              Castor oil (commercial)             128,000         128,000           –       122,771       4.26
        Nitric Acid                                            216                218                  -2              Imported oils
        Phenol                                                1050               1067                  -17
        Phthalic Anhydride                                     991                959                  32              RBD palmolein                       134,500         136,000        -1.10       93,783      43.42
        Polyvinyl Alcohol                                     1820               1788                  32              Crude degummed soybean oil          124,500         127,800        -2.58       91,583      35.94
        Propyl Acetate                                        1033               1058                  -25
        Propylene Glycol                                       836                855                  -19             (ex-Mumbai)
        Soda Ash                                               210                209                   1              Crude palm oil (5%) (ex-Kandla)     132,300         133,800        -1.12       91,150      45.15
        Styrene                                               1162                1169                 -7
        Terephthalic Acid                                      668                669                  -1              Solvent extracted oils
        Titanium Dioxide                                      2121               2103                  18              Soyabean oil (Indore)               122,000         124,500        -2.01       92,646      31.68
        Toluene                                                841                883                  -42
        Vinyl Acetate                                          839                836                   3              Rice bran oil (RG-I)                106,000         106,500        -0.47       76,583      38.41
        o-Xylene                                              1012               1007                   5              Rice bran oil (RG-II) (industrial)  103,000         103,500        -0.48       73,583      39.98
        Price in USD per mt                                                                                            Neem oil                            166,000         166,000           –       158,087       5.01
        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  March 25, 2025        Chemical Weekly  March 25, 2025                                                                 201


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