Page 188 - CW E-Magazine (29-10-2024)

China Chemical Market Vegetable Oil Market

Prices as on October 22, 2024
Name of Chemicals 22nd October-2024 15th October-2024 Change Rapeseed and Groundnut down; Sunfl ower gains
Acetone 841 841 -
Acrylic Acid 959 959 -
Acrylonitrile 1182 1182 - Mixed trends prevailed in the market during the past week under
Adipic Acid 1232 1232 - review. Groundnut oil moved down by over 3%, while Rapeseed oil
Aniline 1515 1515 - fell by over 6%. Linseed oil eased lower by almost 2%. Cottonseed oil
Benzene 1088 1088 - was down by over a percent, while Castor oil fell by 0.74%.
Bisphenol-A 1364 1364 - Sunfl ower oil gained over 2%, while Sesame oil remained steady.
Butyl Acetate 1003 1003 - Among imported oils, RBD palmolein and crude Palm fell by over
Butyl Acrylate 1260 1260 - 2%, while crude degummed Soyabean gained over 2%. In solvent
n-Butanol 980 980 - extracted oils, Soyabean and Rice brans fell from previously reported
Chloroform 311 311 -
Cyclohexane 1107 1107 - levels and Neem oil was up marginally. Comparing the prices of some
Cyclohexanone 1335 1335 - of the oils over the same period last year, groundnut is cheaper by 9%.
Dibutyl Phthalate 1180 1180 - Rapeseed is up by 26%, while linseed is costlier by 36% and sunfl ower
Diethylene Glycol 738 738 - is up by 48%. Sesame is up by 2% and castor is up by 9%, while
Dimethyl Formamide 591 591 - cottonseed is costlier by 39%.
Dioctyl Phthalate 1306 1306 -
Ethyl Acetate 855 855 - Oct-2024 Oct-2024 Change Average Change
Ethyl Acrylate 1374 1374 - Name of oils
Ethylene Dichloride 394 394 - 18th 11th [%] Oct-2023 [%]
Ethylene Glycol 672 672 - Local oils
2-Ethylhexyl Acrylate 1678 1678 -
Formaldehyde 162 162 - Groundnut oil 145,000 150,000 -3.33 159,500 -9.09
Hydrogen Peroxide 108 108 - Rapeseed oil 133,000 142,000 -6.34 105,167 26.47
Isobutyl Alcohol 1183 1183 -
Isopropyl Alcohol 955 955 - Sunfl ower oil 122,000 119,000 2.52 82,521 47.84
Maleic Anhydride 942 942 - Linseed oil 123,000 125,500 -1.99 90,296 36.22
Methanol 361 361 -
Methyl Ethyl Ketone 1057 1057 - Sesame oil 250,000 250,000 – 246,375 1.47
Methyl Isobutyl Ketone 1498 1498 - Washed cottonseed oil 119,000 121,000 -1.65 85,604 39.01
Methylene Dichloride 407 407 -
Monoethanolamine 973 973 - Castor oil (commercial) 134,500 135,500 -0.74 123,313 9.07
Nitric Acid 220 220 - Imported oils
Phenol 1129 1129 -
Phthalic Anhydride 1044 1044 - RBD palmolein 124,000 127,000 -2.36 82,088 51.06
Polyvinyl Alcohol 1695 1695 - Crude degummed soybean oil 120,000 117,500 2.13 86,979 37.96
Propyl Acetate 1148 1148 -
Propylene Glycol 1008 1008 - (ex-Mumbai)
Soda Ash 232 232 - Crude palm oil (5%) (ex-Kandla) 119,600 123,000 -2.76 77,713 53.90
Styrene 1272 1272 -
Terephthalic Acid 738 738 - Solvent extracted oils
Titanium Dioxide 2197 2197 - Soyabean oil (Indore) 115,000 117,500 -2.13 84,313 36.40
Toluene 878 878 -
Vinyl Acetate 798 798 - Rice bran oil (RG-I) 109,000 110,000 -0.91 75,375 44.61
o-Xylene 1003 1003 - Rice bran oil (RG-II) (industrial) 101,000 106,000 -4.72 72,375 39.55
Price in USD per mt Neem oil 164,000 163,000 0.61 80,120 104.69
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 October 29, 2024 Chemical Weekly October 29, 2024 189

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