Page 194 - CW E-Magazine (24-9-2024)

China Chemical Market Vegetable Oil Market

Prices as on September 17, 2024
Name of Chemicals 17th September-2024 10th September-2024 Change Rapeseed, Sunfl ower, Linseed gain; Groundnut falls
Acetone 838 838 -
Acrylic Acid 939 939 - Uptrend prevailed in the market during the past week under
Acrylonitrile 1182 1182 -
Adipic Acid 1276 1276 - review. Rapeseed oil moved up by 7%, while Sunfl ower and
Aniline 1502 1502 - Linseed oils gained around 4% each. Cottonseed oil moved up
Benzene 1215 1215 - by 8%. Sesame and Castor oils fi rmed up by around a percent each.
Bisphenol-A 1392 1392 - Groundnut oil, however, fell by almost 8%. Among imported
Butyl Acetate 1006 1006 - oils, RBD palmolein, crude Palm and crude degummed
Butyl Acrylate 1192 1192 - Soyabean moved up by in the range of 3.5 to 6%. In solvent
n-Butanol 952 952 - extracted oils, Soyabean was up by over 2%, while Rice brans
Chloroform 319 319 - gained around 7% and Neem oil remained fi rm. Comparing
Cyclohexane 1102 1102 -
Cyclohexanone 1384 1384 - the prices of some of the oils over the same period last year,
Dibutyl Phthalate 1178 1178 - groundnut is cheaper by 19%. Rapeseed is up by 31%, while linseed
Diethylene Glycol 770 770 - is costlier by 15% and sunfl ower is up by over 20%. Sesame and
Dimethyl Formamide 574 574 - castor are at the same levels, while cottonseed is costlier by 28%.
Dioctyl Phthalate 1191 1191 -
Ethyl Acetate 847 847 - Sep-2024 Sep-2024 Change Average Change
Ethyl Acrylate 1326 1326 - Name of oils
Ethylene Dichloride 398 398 - 13th 6th [%] Sep-2023 [%]
Ethylene Glycol 648 648 - Local oils
2-Ethylhexyl Acrylate 1386 1386 -
Formaldehyde 162 162 - Groundnut oil 147,500 160,000 -7.81 182,521 -19.19
Hydrogen Peroxide 117 117 - Rapeseed oil 137,000 128,000 7.03 104,417 31.20
Isobutyl Alcohol 1070 1070 -
Isopropyl Alcohol 967 967 - Sunfl ower oil 98,000 94,000 4.26 81,313 20.52
Maleic Anhydride 936 936 - Linseed oil 108,000 104,000 3.85 93,958 14.94
Methanol 346 346 -
Methyl Ethyl Ketone 1044 1044 - Sesame oil 248,000 245,000 1.22 250,292 -0.92
Methyl Isobutyl Ketone 2228 2228 - Washed cottonseed oil 108,000 100,000 8.00 84,458 27.87
Methylene Dichloride 384 384 -
Monoethanolamine 949 949 - Castor oil (commercial) 127,000 126,000 0.79 127,000 –
Nitric Acid 228 228 - Imported oils
Phenol 1267 1267 -
Phthalic Anhydride 1048 1048 - RBD palmolein 101,500 98,000 3.57 82,483 23.06
Polyvinyl Alcohol 1928 1928 - Crude degummed soybean oil 98,000 94,000 4.26 86,354 13.49
Propyl Acetate 1143 1143 -
Propylene Glycol 1023 1023 - (ex-Mumbai)
Soda Ash 247 247 - Crude palm oil (5%) (ex-Kandla) 100,000 94,500 5.82 77,888 28.39
Styrene 1314 1314 -
Terephthalic Acid 692 692 - Solvent extracted oils
Titanium Dioxide 2217 2217 - Soyabean oil (Indore) 95,000 93,000 2.15 84,042 13.04
Toluene 889 889 -
Vinyl Acetate 778 778 - Rice bran oil (RG-I) 95,000 89,000 6.74 81,750 16.21
o-Xylene 1041 1041 - Rice bran oil (RG-II) (industrial) 89,000 83,000 7.23 78,750 13.02
Price in USD per mt Neem oil 163,000 163,000 – – –
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.

194 Chemical Weekly September 24, 2024 Chemical Weekly September 24, 2024 195

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