Chemicals News Today

India's paint additives market is gaining momentum, driven by infrastructure and demand for high-performance, eco-friendly materials. The global market is projected to grow from $10B to $13.5B by 2033 at 4% CAGR.

Zydex Paints champions climate-responsive building solutions in India, showcasing mineral-based coating technologies at AAA Conclave 2026. These innovations tackle moisture, enhance durability, and improve indoor conditions, aligning with India's green construction shift for urban resilience.

India's plastic pipes market is projected to grow from $2.1 billion (2025) to $3.65 billion by 2034 (over 6% CAGR). Driven by infrastructure, housing, and water projects, it's crucial for urban development despite polymer price volatility.

India and China boost US LPG imports as West Asia supply plunged 73% in March, driving spot premiums to record highs. This led to significant demand loss, with India's cooking gas demand dropping 205,000 bpd.

Middle East geopolitical risks threaten supply chains for bromine (97.5% from Israel) and helium (64.7% from Qatar). Experts urge an urgent shift to physical volume procurement over traditional contracts to ensure stability.

Reliance Industries Limited (RIL) has announced PET price protection from April 13 to April 19, 2026. This measure aims to safeguard prices for the specified period.

Supreme Petrochem Ltd. announced no change in GPPS & HIPS Polymer prices. This price update is effective from April 13, 2026, providing a routine market status.

Feedstock prices updated for April 13, 2026: Naphtha C&F Japan $1135 (-10). Propylene, Ethylene, Styrene show mixed regional trends. PTA $930 (-15), MEG $665 (-15).

China Bazaar Futures opened April 13, 2026. PP futures opened higher at 8900 RMB/MT, closing at 8963 RMB/MT. LLDPE and PVC futures opened lower, closing at 8398 RMB/MT and 4952 RMB/MT respectively.

India's chemicals market witnessed a broad-based correction this week, with the category average declining <strong>2.09% WoW</strong> to ₹151.82/KG, as crude oil-linked solvents and aromatics bore the brunt of global macro headwinds including trade war fears and falling crude benchmarks. Methanol and Toluene led the decline with sharp WoW drops of <strong>9.33%</strong> and <strong>8.85%</strong> respectively, while N-Hexane and Butyl Acrylate Monomer bucked the trend with strong gains of <strong>+14.29%</strong> and <strong>+6.52%</strong>. Despite the near-term softness, month-on-month data tells a different story — most chemicals remain significantly elevated versus March levels, signaling structural demand-supply tightness beneath the surface.