C* Solvent prices in India pushed higher through late February and into mid-March as a combination of pre-monsoon restocking, tight prompt availability and rising upstream costs intensified buying activity. Early-month procurement by decorative paint makers and coating formulators to build buffer inventories ahead of the construction season, together with logistical headwinds from shipping-route disruptions due to the escalated political issues in middle east, underpinned a multi-week bullish tone. Meanwhile, panic buying amid geopolitical concerns and constrained import arrivals periodically tightened spot availability, sustaining upward momentum into mid March before market participants awaited clearer signals on freight and feedstock trajectories.
Demand across paints (decorative), resins & coatings, adhesives and printing inks remained the principal support for C* Solvent, with paints and formulators notably active. Purchasing managers at several leading decorative paint manufacturers accelerated March procurements, while resin and coating formulators stepped up offtake to secure aromatic diluents such...
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