In April xxxx, India&#xx;s methyl n-propyl ketone (MPK) market experienced a notable price increase, driven by robust demand from downstream industries such as paints, coatings, and chemicals, alongside evolving trade policies impacting the sector.
In the Indian market, MPK is frequently utilised as a solvent in the chemical processing industry. Despite steady production rates, manufacturers kept increasing their procurement levels assuring continuous improvement in the stock availability. There were no significant supply-side disruptions, and feedstock availability has stayed stable. A steady but improving supply of goods for the Indian market was ensured by domestic manufacturers continuing to operate without any maintenance shutdowns. Global market players are closely monitoring any potential repercussions from the recent U.S. tariff hike on chemical imports, which could have an indirect impact on global supply chains, despite the fact that domestic fundamentals are still strong. The buyers demonstrated that they...
