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Chemicals News Today

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Latest Market News Of Chemicals

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OfBusiness Chemicals Daily Market Report | 26th July 2024
Chemicals
Daily Market Report
26 July

OfBusiness Chemicals Daily Market Report | 26th July 2024

GNFC has increased its acetic acid prices by Rs.1/kg, setting the new price at Rs.37/kg Ex-Bharuch. Current domestic prices stand at Rs.36.75/kg Ex-Kandla (+Rs.0.5/kg) and Rs.37/kg Ex-Mumbai. Trader offers are at Rs.37.5/kg Ex-Kandla and Rs.38-38.5/kg Ex-Mumbai.
OfBusiness Chemicals Daily Market Report | 25th July 2024
Chemicals
Daily Market Report
25 July

OfBusiness Chemicals Daily Market Report | 25th July 2024

Accordd Organics has raised its prices by Rs.2/kg, driven by a sharp increase in feedstock costs. The new price stands at Rs.68/kg Ex-Ahmed Nagar. Bulk offers from Accordd Organics range from Rs.67/kg Ex-Ahmed Nagar.
OfBusiness Chemicals Daily Market Report | 24th July 2024
Chemicals
Daily Market Report
24 July

OfBusiness Chemicals Daily Market Report | 24th July 2024

Importers have reduced phenol prices by Rs.1/kg to Rs.95/kg ++ Ex-Kandla and Rs.96/kg ++ Ex-Dahej on advance payment terms. Some traders are offering prices ranging from Rs.97/kg ++ Ex-Kandla for immediate dispatches on 60-day credit terms.
OfBusiness Chemicals Daily Market Report | 23rd July 2024
Chemicals
Daily Market Report
23 July

OfBusiness Chemicals Daily Market Report | 23rd July 2024

Importers have decreased Toluene prices by Rs.2/kg, setting new rates at Rs.83/kg ++ Ex Kandla and Rs.83.5/kg ++ Ex Mumbai under advance payment terms. Traders holding inventory are offering lower prices, ranging from Rs.83.5/kg ++ to Rs.83.75/kg ++.
Oil steadies, weighed down by predicted surplus amid weak demand

Oil steadies, weighed down by predicted surplus amid weak demand

Oil market fundamentals likely to balance by Q4, however, a predicted supply surplus next year may suppress Brent prices to mid-to-high $70s per barrel. Market consolidation and dip buying activities temporarily boost prices. A potential decrease in demand could further lower oil prices.
93% of the pesticides used globally are generics, claims CCFI

93% of the pesticides used globally are generics, claims CCFI

The global pesticide market is dominated by generics, accounting for 93% of usage, reveals CCFI. Patented pesticides constitute a mere 7% share, with many new product launches failing to succeed. The total agrochemical market is valued at $75.5 billion.
Surge in US Acrylonitrile prices in H2 of July due to Hurricane impact

Surge in US Acrylonitrile prices in H2 of July due to Hurricane impact

Hike in Acrylonitrile prices in July's second half due to Hurricane Beryl's impact on Gulf Coast manufacturing units, stressing supply availability. Steady consumption in downstream industries like construction and manufacturing augmenting the surge.
OfBusiness Chemicals Daily Market Report | 22nd July 2024
Chemicals
Daily Market Report
22 July

OfBusiness Chemicals Daily Market Report | 22nd July 2024

Accord Organics has raised its prices by Rs.2/kg, driven by a sharp increase in feedstock costs. The new price is Rs.68/kg Ex-Ahmed Nagar for spot dispatches with advance payment terms. Bulk offers from Accordd Organics range from Rs.67/kg Ex-Ahmed Nagar.
OfBusiness Chemicals Daily Market Report | 20th July 2024
Chemicals
Daily Market Report
20 July

OfBusiness Chemicals Daily Market Report | 20th July 2024

Importers have reduced phenol prices by Rs.2/kg to Rs.96/kg ++ Ex-Kandla and Rs.97/kg ++ Ex-Dahej on advance payment terms. Some traders are offering prices ranging from Rs.96/kg ++ Ex-Kandla for immediate dispatches on 60-day credit terms.
Oil prices set for second straight weekly decline

Oil prices set for second straight weekly decline

Weak oil demand concerns amid China's slower-than-expected Q2 growth, lack of stimulus measures, and broader market risks fueled oil prices' potential for a second consecutive weekly fall. However, Japan's June core inflation uptick hints at possible interest rate hike.

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