Page 188 - CW E-Magazine (13-5-2025)
P. 188

China Chemical Market                                                                                                                                                            Vegetable Oil Market

                                             Prices as on May 6, 2025
         Name of Chemicals                              6th May-2025      29th April-2025           Change           Sunfl ower, Groundnut and Linseed move down
        Acetone                                                795                826                  -31
        Acrylic Acid                                          1041               1040                   1               Most vegetable oils moved in a narrow range during the past week
        Acrylonitrile                                         1092                1177                 -85
        Adipic Acid                                           1025               1005                  20            under review. Sunfl ower, Cottonseed and Groundnut oils eased
        Aniline                                               1041               1035                   6            lower by around 0.75% each, while Linseed oil fell by around 0.40%.
        Benzene                                                789                877                  -88           Castor oil moved up by 0.75%. Rapeseed and Sesame oils remained
        Bisphenol-A                                           1275               1239                  36            steady. Among imported oils, RBD palmolein was down by over
        Butyl Acetate                                          960                953                   7            3.50%, crude Palm fell by almost 3% and crude degummed Soyabean
        Butyl Acrylate                                        1137                1194                 -57           was down by about 2.50%. In solvent extracted oils, Soyabean was
        n-Butanol                                              866                877                  -11           cheaper by over 3%, Rice brans remained down by almost 1% and
        Chloroform                                             366                380                  -14           Neem oil fell by 0.60%. Comparing the prices of some of the oils over
        Cyclohexane                                           1046               1044                   2            the same period last year, groundnut is cheaper by 12%. Rapeseed is
        Cyclohexanone                                         1055               1060                  -5
        Dibutyl Phthalate                                     1124                1122                  2            costlier by 21%, while linseed is costlier by 29% and sunfl ower is up
        Diethylene Glycol                                      640                606                  34            by 52%. Sesame is cheaper by 3% and castor is costlier by 17%, and
        Dimethyl Formamide                                     575                591                  -16           cottonseed is costlier by 34%. Neem is costlier by 3%.
        Dioctyl Phthalate                                     1126                1121                  5
        Ethyl Acetate                                          762                762                   -                                                 May-2025        Apr-2025      Change       Average     Change
        Ethyl Acrylate                                        1340               1401                  -61            Name of oils
        Ethylene Dichloride                                    260                269                  -9                                                      2nd             25th        [%]     May-2024         [%]
        Ethylene Glycol                                        599                598                   1              Local oils
        2-Ethylhexyl Acrylate                                 1237               1260                  -23
        Formaldehyde                                           162                161                   1              Groundnut oil                       130,000         131,000        -0.76      147,660     -11.96
        Hydrogen Peroxide                                       96                 94                   2              Rapeseed oil                        132,000         132,000           –       109,360      20.70
        Isobutyl Alcohol                                       967                984                  -17
        Isopropyl Alcohol                                      907                899                   8              Sunfl ower oil                       132,500         133,500        -0.75       87,340      51.71
        Maleic Anhydride                                       957                911                  46              Linseed oil                         127,000         127,500        -0.39       98,200      29.33
        Methanol                                               337                332                   5
        Methyl Ethyl Ketone                                   1020               1021                  -1              Sesame oil                          240,000         240,000           –       246,600      -2.68
        Methyl Isobutyl Ketone                                1276               1287                  -11             Washed cottonseed oil               126,000         127,000        -0.79       94,280      33.64
        Methylene Dichloride                                   294                297                  -3
        Monoethanolamine                                       976                938                  38              Castor oil (commercial)             136,000         135,000        0.74       116,708      16.53
        Nitric Acid                                            217                214                   3              Imported oils
        Phenol                                                 905                954                  -49
        Phthalic Anhydride                                     988                985                   3              RBD palmolein                       121,000         125,500        -3.59       89,640      34.98
        Polyvinyl Alcohol                                     1716               1809                  -93             Crude degummed soybean oil          119,600         122,600        -2.45       89,056      34.30
        Propyl Acetate                                        1112                950                 162
        Propylene Glycol                                       880                875                   5              (ex-Mumbai)
        Soda Ash                                               195                192                   3              Crude palm oil (5%) (ex-Kandla)     117,900         121,400        -2.88       87,612      34.57
        Styrene                                               1061               1080                  -19
        Terephthalic Acid                                      633                595                  38              Solvent extracted oils
        Titanium Dioxide                                      2139               2132                   7              Soyabean oil (Indore)               115,500         119,500        -3.35       88,092      31.11
        Toluene                                                745                769                  -24
        Vinyl Acetate                                          815                828                  -13             Rice bran oil (RG-I)                106,500         107,500        -0.93       81,620      30.48
        o-Xylene                                               981                975                   6              Rice bran oil (RG-II) (industrial)  103,500         104,500        -0.96       79,060      30.91
        Price in USD per mt                                                                                            Neem oil                            163,000         164,000        -0.61      158,600       2.77
        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  May 13, 2025        Chemical Weekly  May 13, 2025                                                                   189


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