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India Acetic Acid Market Tightens as China Prices Surge and Import Costs Rise
nexizo.ai
Daily Market Report
9 September

India Acetic Acid Market Tightens as China Prices Surge and Import Costs Rise

India’s Acetic Acid market is entering a firmer phase as Chinese domestic prices have accelerated sharply and inventories remain low. China’s regional Acetic Acid prices reached around CNY 3,500–3,800/MT by September 7–8, with East China up 8.86% WoW and North China up 9.81% WoW.
Tata Chemicals sets up high-level committee to decide on Kenya operations

Tata Chemicals sets up high-level committee to decide on Kenya operations

Tata Chemicals will establish a technical committee with Kenya to review regulatory issues. This committee will jointly be led by Kenyan mining officials and the subsidiary's CEO. The group will review concerns raised by the Ministry of Mining and submit a report. This development follows a recent "fruitful engagement" between officials and company executives. The committee aims to create a sustainable framework for responsible mining practices.
Vishnu Chemicals, DCX Chrome form JV for high-purity chromium plant in India

Vishnu Chemicals, DCX Chrome form JV for high-purity chromium plant in India

Vishnu Chemicals and DCX Chrome formed a joint venture to establish a high-purity chromium plant in Visakhapatnam, with Vishnu supplying chrome oxide green for the new unit.
Aarti Industries launches new multipurpose plant, calcium chloride, PEDA output

Aarti Industries launches new multipurpose plant, calcium chloride, PEDA output

Aarti Industries has launched a new multipurpose plant at its Jhagadia site, marking the debut of calcium chloride and PEDA products in India.
Sabic gets feedstock nod for new 1.8 million mt/y Jubail methanol project

Sabic gets feedstock nod for new 1.8 million mt/y Jubail methanol project

Sabic has received ministry approval for feedstock to develop a new 1.8 million mt/y methanol plant in Jubail. Meanwhile, CFR India methanol prices stood at $505/mt on September 4.
China's propylene supply to keep rising as restart wave unfolds

China's propylene supply to keep rising as restart wave unfolds

China's propylene supply is rising, with weekly output expected to reach 246,900 tonnes during September 7-13 due to restarts in Shandong. Despite this, domestic prices climbed slightly on improved downstream demand.
Rising secondary polymer demand to drive India’s plastic recycling market by 9–11% in a decade

Rising secondary polymer demand to drive India’s plastic recycling market by 9–11% in a decade

India's plastic recycling market is projected to grow by 9-11% annually over the next decade, driven by rising demand for recycled polymers, stronger regulations like EPR, and increased private investments.
Odisha Investors Meet UAE: CM Majhi Kicks Off High-Level Abu Dhabi Engagements on Day 1

Odisha Investors Meet UAE: CM Majhi Kicks Off High-Level Abu Dhabi Engagements on Day 1

Odisha's Chief Minister initiated a high-level UAE tour on September 9, 2026, engaging with global firms, sovereign funds, and diaspora leaders to secure investments in manufacturing and petrochemicals.
After 'Pack And Go', Kenya Govt Agrees To Set Up Panel To Resolve Mining Dispute With Tata Chemicals Ltd

After 'Pack And Go', Kenya Govt Agrees To Set Up Panel To Resolve Mining Dispute With Tata Chemicals Ltd

Kenya and Tata Chemicals agreed to form a technical committee to resolve a mining dispute over local value addition, royalties, and land matters, following a temporary suspension of operations near Lake Magadi.
'Won floor may fall below 1,300': ominous outlook for autos, petrochemicals

'Won floor may fall below 1,300': ominous outlook for autos, petrochemicals

South Korea's falling won-dollar exchange rate threatens export-heavy sectors like automobiles and petrochemicals, widening the industrial gap as semiconductors continue to drive strong overall export growth.
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