Terms and Conditions of Report Use & Distribution

Except where expressly stated in this agreement, Chemical Explorer is the owner of the copyright,
database rights and all intellectual property rights and all other rights, title and interest in the
Publications; the Subscriber shall not copy, modify, distribute, re-transmit or store electronically the
Publications or any part thereof without prior written or verbal consent of Chemical Explorer.

Chemical Explorer Report – May 24, 2010

Other content sections like news articles, offers, directory, import/export statistics, archives and prices
are available to subscribers in www.chemicalexplorer.com

For subscription inquiries, please write to info@chemicalexplorer.com

Product Location Price Unit

Acetone (Bulk) FOB Korea 755 - 765 USD/MT
Acetone CFR Kandla 785 - 805 USD/MT
Aniline (Bulk) FOB UK 1060 - 1080 USD/MT
Aniline CFR Kandla 1120 - 1135 USD/MT
N - Butanol FOB USA 1150 - 1170 USD/MT
N - Butanol CFR Kandla 1225 - 1240 USD/MT
Epichlorohydrin FOB Russia 1535 - 1345 USD/MT
Epichlorohydrin CFR JNPT 1600 - 1620 USD/MT
Formic Acid 85 % FOB Finland 860 - 880 USD/MT
Formic Acid 85 % CFR JNPT 905 - 925 USD/MT
Hydrogen Peroxide (50%) FOB Thailand 375 - 385 USD/MT
Hydrogen Peroxide CFR Kolkata 410 - 425 USD/MT
ISO Propyl Alcohol (IPA) Bulk FOB Taiwan 1100 - 1120 USD/MT
ISO Propyl Alcohol (IPA) 85% CFR Kandla 1155 - 1180 USD/MT
Linear Alkyl Benzene FOB Qatar 1520 - 1540 USD/MT
Linear Alkyl Benzene CFR Mundra 1565 - 1585 USD/MT
Methanol FOB Saudi 260 - 270 USD/MT
Methanol FOB Iran 270 - 280 USD/MT
Methanol FOB China 270 - 285 USD/MT
Methanol CFR Mumbai 300 - 310 USD/MT
Methanol CFR Mangalore 310 - 320 USD/MT
Methanol CFR Cochin 305 - 315 USD/MT
Methanol CFR Mundra 300 - 310 USD/MT
Methanol CFR Kandla 295 - 305 USD/MT
Methyl ISO Butyl Ketone FOB Taiwan 1460 - 1485 USD/MT
Methyl ISO Butyl Ketone CFR JNPT 1520 - 1530 USD/MT
Paraxylene FOB Rotterdam 1115 - 1130 USD/MT
Paraxylene CFR Kolkata 1160 - 1175 USD/MT
Phosphoric Acid FOB Taiwan 565 - 575 USD/MT
Phosphoric Acid CFR JNPT 620 - 630 USD/MT
Styrene Monomer FOB Rotterdam 1175 - 1185 USD/MT
Styrene Monomer CFR Kandla 1260 - 1270 USD/MT
Toluene FOB Rotterdam 860 - 870 USD/MT
Toluene CFR Mumbai 910 - 920 USD/MT
Urea ( Granular) FOB Oman NA USD/MT
Urea(Granular) CFR Kandla NA USD/MT
Caustic Soda (flakes 99%) FOB China 265 - 280 USD/MT
Caustic Soda CFR JNPT 305 - 315 USD/MT
Soda Ash FOB Kenya 175 - 185 USD/MT
Soda Ash CFR Kolkata 210 - 230 USD/MT
Phenol FOB Thailand 1100 - 1110 USD/MT
Phenol CFR Kandla 1155 - 1165 USD/MT.
Di Octyl Pthalate FOB Malaysia 1260 - 1280 USD/MT
Di Octyl Pthalate CFR Kandla 1310 - 1320 USD/MT.
Methylene Chloride FOB China 570 - 580 USD/MT.
Methylene Chloride CFR Mumbai 615 - 635 USD/MT.
Glycerine (Refined Min. 99.5 %) FOB Indonesia 570 - 580 USD/MT.
Glycerine (Refined Min. 99.5 %) CFR JNPT 600 - 620 USD/MT.
Acetic Acid Glacial Min. 99.2 % FOB Singapore 465 - 475 USD/MT.
Acetic Acid CFR Mumbai 505 - 520 USD/MT.
Mono Ethyelene Glycol FOB Singapore 875 - 885 USD/MT.
Mono Ethyelene Glycol CFR JNPT 915 - 925 USD/MT.

Current Domestic Chemical/Solvent Prices Ex Mumbai May 24, 2010

Product Price* Value added Tax Packed in Drums
Acetic Acid 28.50 - 28.75 plus 35 Kg
Acetone 66.25 - 66.40 plus Excise+ VAT 160 KG
Aniline 82.10 - 82.50 plus Excise+VAT 200 Kgs
Benzene 54.50 - 54.75 plus 200 Liter
Carbon Tetra Chloride 81.20 - 81.25 Plus 300
Caustic Soda (Flakes) 19.75 - 19.95 Plus 50 Kg
Caustic Soda (Lye) Bulk 18.75 - 18.95 Plus Tankers
Chloroform 44.25 - 44.50 Plus Excise + VAT 300 Kg
Cyclohexanol 125.25 - 125.50 Plus 190 Kg
Di Octyl Pthalate 95.25 - 96.50 Excise + VAT 200Kg
Formic Acid 70.15 - 70.50 plus Excise+ VAT 25 Kg
Glycerine(Industrial White) 39.10 - 39.25 Excise +VAT 250 Kg
Hydrogen Peroxide 29.75 - 29.95 plus Excise + VAT 50 Kg
Iodine 1745 - 1760 Excise+ VAT 50Kg
Iso Propyl Alcohol 71.25 - 72.25 plus Excise+ VAT 170Kg
Methanol 18.50 - 18.75 plus Excise+VAT 200 Liter
Methyl Ethyl Ketone 74.10 - 74.25 plus Excise +VAT 190 Kg
Methylene DiChloride (MDC) 51.10 - 51.25 plus Excise +VAT 350 Kg
Mixed Xylene 57.50 - 58.10 plus 200 Kg
N Butanol (drums) 78.50 - 79.75 plus Excise +VAT 170 Kgs
OrthoXylene 74.10 - 74.50 plus Excise +VAT 200 Kg
Phenol (bulk) 105.20 - 105.25 plus 215 Kg
Phosphoric Acid (Tech) 41.25 - 41.75 plus 35 & 50 Kg
Poly Vinyl Alcohol(170) 100.50 - 101.25 Resale 20
Soda Ash 18.80 - 19.10 Plus 50 KG
Styrene Monomer 70.50 - 71.25 Resale 185 Kg
Toulene 50.10 - 50.50 Plus 200 Kg
Vinyl Acetate Monomer 55.95 - 60.25 plus 185 Kg
* Rs /Kg/Liter Inclusive of Excise duty

Chemicals Vessels Expected at Indian Ports May 24 2010

Product Quantity Vessel Name Date Port
Chemicals 10000 Stolt Viking 21.5.2010 Kandla
Phosphoric Acid 19500 Chemstar Yosu 21.5.2010 Kandla
Chemicals 10000 Topaz T 21.5.2010 Kandla
Phosphoric Acid 7381 Aziz Torlak 22.5.2010 Kandla
Chemicals 4000 Chemstar Moon 22.5.2010 Kandla
Chemicals 3000 Chem Bridge 23.5.2010 Kandla
Chemicals 5100 Golten 25.5.2010 Kandla
Chemicals 12050 Arabian Orchid 26.5.2010 Kandla
Chemicals 2500 SKY Dream 26.5.2010 Kandla
Chemicals 32000 Selendang Permata 20.5.2010 Dahej
Caustic Soda 1666 STX Forte 21.5.2010 Vizag
Caustic Soda 10000 Selendang Permata 26.5.2010 Vizag
Caustic Soda 5000 Verity 26.5.2010 Vizag
122197

Epichlorohydrin Price Trends CFR Mumbai/JNPT in USD PMT chemicalexplorer.com

2500

2000

1500

1000

500

0
Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May-
08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09 09 09 09 09 09 09 10 10 10 10 10
 Butanol Price Trends CFR Mumbai/JNPT in USD PMT chemicalexplorer.com
2500

2000

1500

1000

500

0
Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May-
08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09 09 09 09 09 09 09 10 10 10 10 10

Acetone Price Trends CFR Mumbai/ jJNPT in USD PMT chemicalexplorer.com

1400

1200

1000

800

600

400

200

0
Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May-
08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09 09 09 09 09 09 09 10 10 10 10 10

MIBK Price Trends CFR Mumbai /JNPT in USD PMT chemicalexplorer.com

2500

2000

1500

1000

500

0
Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May-
08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09 09 09 09 09 09 09 10 10 10 10 10

Linear Alkyl Benzene Price trends CFR Mumbai /JNPT in USD PMT chemicalexplorer.com

2500

2000

1500

1000

500

0
Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr-
08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09 09 09 09 09 09 09 10 10 10 10
 Acetic Acid Import into India 2008 onwards QTY MT chemicalexplorer.co
80000
67760
70000
60000
47203 4698444790 44669
50000 39745 38345 37239 36830 37470 38806
40000 33725 34294 3430833788 31877
29476
26043
30000 20760
17050 15482
20000 11824
10000
0
Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar-
08 08 08 08 08 08 08 09 09 09 09 09 09 09 09 09 09 09 09 10 10 10

Acetone Imported into india 2008 onwards QTY MT chemicalexplorer.com

16000 14188
14000
11809
12000
10000
8000 7087 6965 6988 6858
6205 5691
5580 5436
6000
3784 3449 3803 3715
4000 3063 2080 2143
1226 1520
2000 856 810
150
0
Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar-
08 08 08 08 08 08 08 09 09 09 09 09 09 09 09 09 09 09 09 10 10 10

Acetonitrile Import into India 2008 onwards - QTY MT chemicalexplorer.co

1500 1315
1350 1220
1122
1200 1072
986 983 971
1050 855
904
848
900
670
750 589 567
530 482 490
600 402 389 350
450 257
300
150 0
0
Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar-
08 08 08 08 08 08 08 09 09 09 09 09 09 09 09 09 09 09 09 10 10 10

chemicalexplorer.com
Methylene Chloride Imported into India 2008 onw ards QTY MT

10000 8914
8540
8017 7638
8000 6646 6373
6000 4960
4384
3952 3960 3848
4000 3077
2586
2184 2524 2526 2533
1872
2000 1309 1096
197 308
0
Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar-
08 08 08 08 08 08 08 09 09 09 09 09 09 09 09 09 09 09 09 10 10 10
 Orig in wis e impo rt o f P HOSP HORIC A C ID into India C o untry, MT & % -March
2010
TAIWAN, 313, 4%

BELGIUM, 43, 1% Others, 22, 0%

ISRAEL, 592, 8%
CHINA, 65, 1%

KOREA, 160, 2%

MOROCCO, 6526, 84%

c hemi c al expl or er . c om

Por t wise imp or t of PHOSPHORI C ACI D in to I n d ia Cou n tr y, MT & % -

Ma r c h 2010

MADRAS, 86, 1%
JNPT, 980, 13%

CALCUTTA, 6655,
86%

c hemi c al expl orer. c om

Orig in wis e impo rt o f LINEA R A LKYL B E NZ ENE into India C o untry, MT & % -
March 2 0 1 0

EGYPT, 266, 4%
U K, 7, 0% IRAN, 552, 8%
UAE, 1993, 28% FRANCE, 112, 2%

ITALY, 80, 1%

QATAR, 2020, 29%

SAUDI, 2002, 28%

c hemi c al expl or er . c om
 Por t wise imp or t of LI NE AR ALK Y L B E NZE NE in to I n d ia Cou n tr y, MT & % -
Ma r c h 2010

MUNDRA, 2532, 36%

JNPT, 354, 5% BOMBAY, 3995, 56%

MADRAS, 112, 2%

CALCUTTA, 39, 1%

c hemic alexplorer. c om

Orig in wise import of A C ETONITRILE into India C ountry, MT & % -March 2 0 1 0

CHINA, 13, 1% GERMANY, 13, 1%

JAPAN, 172, 16%

USA, 311, 29% SINGAPORE, 29, 3%

SWITZERLAND, 4,
0%

TAIWAN, 530, 50%

c hemic alexplorer. c om

Port wise import of ACETO N ITR ILE int o India Count ry, M T & % - March 2010

MADRAS, 361, 34% BOMBAY, 1, 0%

JNPT, 711, 66%

Huge Quantity of Caustic Soda (16666 MT), Chemicals (78650 MT) & Phosphoric Acid
(26681 MT) arrived at Indian Ports....

Approximately 16666 MT of Caustic Soda is expected at Vizag in the vessels STX Forte, Selendang
Permata & Verity. 78650 MT of Chemicals is expected in the vessels Stolt Viking, Topaz T, Chemstar
Moon, Chem Bridge, Golten, Arabian Orchid, Sky Dream & Selemdang Permata & will be dispatched at
Kandla & Dahej. 26881 MT of Phosphoric Acid expected at Kandla in the vessels Chemstar Yosu & Aziz
Torlak.

Century Textiles & Ind. Ltd suspended tyre yarn production at its Century Rayon plant in
Kalyan partially due to low offtake....

Century Textiles & Industries Ltd today announced a partial suspension of tyre yarn production at its
Century Rayon plant in Kalyan, near Mumbai, in stages beginning 21 May 2010.The suspension of
production of viscose filament yarn and tyre yarn, in the wake of a fall in market demand and adverse
market scenario, will result in a 25 per cent fall in viscose yarn capacity utilisation.Century Rayon,
which makes rayon, tyre cord and chemicals, had an annual installed capacity of 25,000 tonnes of
textile and tyre yarn as of end-March 2009.Besides, the company's chemicals division manufactures
caustic soda, Sulphuric acid, carbon-disulphide, liquid chlorine, hydrochloric acid and compressed
hydrogen. Operations of the rayon yarn and chemicals divisions will continue unaffected.

China's domestic market price of Methanol remains steady due to excessive production &
more imports....

Methanol industry is now facing an excessive production problem, which combined with pressure
added by imports, has been causing methanol prices to hover near the cost line for the past two or
three months. The industry capacity utilization rate is low, and the factory shipment situation is not
good, so it is expected that this situation will not pick up within this year. In 2009 the domestic China
methanol industry working rate was only 35.42 percent, compared to 42.88 percent in 2008. The
working rate declined due to excessive production and the impact of imported products. With this low
working rate, methanol prices have declined dramatically. Methanol prices have been declining since
May 2008. The current price of methanol has been around RMB 2000 / ton for two or three months.
Many coal-methanol projects have experienced significant losses. However, investment enthusiasm in
the methanol industry remains high. China’s methanol production capacity will continue to increase.
Demand is relatively stable for downstream products of methanol, including formaldehyde, dimethyl
ether, and acetic acid. Methanol is part of the coal chemical industry; it can be processed into olefins,
ethylene glycol and so on. There are also more promising applications. By the end of 2010, China's
ethylene glycol production capacity will be nearly 4 million tons.

Huge quantity of Paraxylene landed at Indian Ports from Singapore, Malaysia & Indonesia…

Approximately 61066 MT of Paraxylene have been procured at Indian Port Kolkata during the month of
March 2010, Indonesia, Singapore and Malaysia. It has been sourced in the range of USD 1055 – 1070
PMT CFR Indian Ports, in the Vessel Golden Dream, Marida Mulberry, STX Eastern and Polaris
Stardom.

India imports of Orthoxylene from Singapore, Taiwan, Israel & Spain robust during the
month of March 2010...

Approximately 25847 MT of Orthoxylene have been procured at Indian Ports Mumbai, Chennai from
Singapore, Taiwan, Israel and Spain during the month of March 2010 having a minimum purity of 98
percent. It has been sourced in the price range of USD 1130 – 1180 PMT CFR Indian Ports.

Taiwan, Singapore Exports of Vinyl Acetate Monomer to India steady….

Approximately 3101 MT of Vinyl Acetate Monomer has been sourced at Indian Ports during the month
of March 2010 at Mumbai, Mundra and Chennai from Taiwan and Singapore. It has been sourced in
the range of USD 825 – 895 PMT CFR Indian Ports.
Italy, Iran, Singapore & Korea exports huge quantity of Toluene to India during the month
of March 2010…

Approximately, 10846 MT of Toluene have been procured at Indian Ports Mumbai, Mundra & Kolkata
from Italy, Iran, Singapore and Korea during the month of March 2010. It has been procured in the
price range of USD 885 – 955 PMT CFR Indian Ports. In the Vessel STX Eastern, etc.

Styrene imports of India during the first quarter of Jan - March 2010 surged by 24% than
the same period a year ago...

India imported approximately 359876 MT of Styrene from January 2009 to March 2010. The country
imported 13662 MT in January 2009, 30033 MT in February 2009, 23987 MT in March 2009, 13063 MT
in April 2009, 17610 MT May 2009, 14851 MT in June 2009, 14186 MT in July 2009, 28778 MT in
August 2009, 29291 MT in September 2009, 28602 MT in October 2009, 56287 MT in November 2009,
5442 MT in December 2009, 26214 MT in January 2010, 42442 MT in February 2010 and 15428 MT in
March 2010. India imported 67681 MT of Styrene during the quarter Jan – March 2009 while it was
84083 MT in Jan – March 2010. As per the data analysis by our team, imports of the country have
increased by 24% during the last quarter. Compared to last month i.e. February 2010 imports of the
country have decreased by 64% in the month of March 2010

Mono Ethylene Glycol imports of India jumps by 11 % during Jan - March 2010 than the
same period year ago.

India imported approximately 786420 MT of Mono Ethylene from January 2009 to March 2010. The
country imported 33311 MT in January 2009, 44105 MT in February 2009, 81115 MT in March 2009,
54021 MT in April 2009, 52708 MT May 2009, 59885 MT in June 2009, 31152 MT in July 2009, 67103
MT in August 2009, 45848 MT in September 2009, 49886 MT in October 2009, 61660 MT in November
2009, 29928 MT in December 2009, 40808 MT in January 2010, 41727 MT in February 2010 and
93164 MT in March 2010. India imported 158531 MT of Mono Ethylene Glycol during the quarter Jan –
March 2009 while it was 175699 MT in Jan – March 2010.As per the data analysis by our team,
imports of the country have increased by 11% during the last quarter. Compared to last month i.e.
February 2010 imports of the country have increased by 123% in the month of March 2010.

Iso Propyl Alcohol imports to India decline by 13 % during the period Jan - March 2010,
than a year ago for the same period...

India imported 4152 MT of Iso Propyl Alcohol Acid during the quarter Jan – March 2009 while it was
3602 MT in Jan – March 2010.Imports of the country have decreased by 13% during the last quarter.
The country imported 2546 MT in January 2009, 585 MT in February 2009, and 1021 MT in March
2009, while 1227 MT in January 2010, 2179 MT in February 2010 & 196 MT in March 2010.

Acetone imports of India shoots up during the Period Jan - March 2010, than a year ago for
the same period

India imported 20122 MT of Acetone during the quarter Jan – March 2009 while it was 21400 MT in
Jan – March 2010. As imports of the country have increased by 16% during the last quarter. The
country imported 1226 MT in January 2009, 7087 MT in February 2009, and 11809 MT in March 2009,
while 1520 MT in January 2010, 14188 MT in February 2010 & 5691 MT in March 2010.

Formosa BP Chemicals Acetic Acid plant of 300000 MT plant in Taiwan operates at full
capacity...

Formosa BP Chemicals operates 300,000 tons per annum plant for manufacturing acetic acid, which is
located in Mailiao in Taiwan and the plant, is now operating at full capacity rates. The acetic acid
producing company had gone in for a maintenance turnaround of the plant on March 21, 2010 and
restarted the plant on April 21, 2010.
Methanol Prices FOB Rotterdam ruling weak...

Methanol prices from Europe is ruling weak and is down by almost USD 17 - 18 PMT and at present is
hovering around USD 290 - 295 PMT FOB Rotterdam. It is expected that prices may remain range
bound.

Polyethylene prices in USA down by almost USD 75 - 85 PMT due to weak Ethylene prices...

Ethylene prices in global market have fallen considerably, which has resulted in USA Polyethylene
producers to lower the prices in May 2010. Reportedly, the prices are down by USD 75 - 85 per
MT.Further decline in prices are not ruled out. USA producers of Polyethylene comprises of
ExxonMobil, Total, LyondellBasell, Chevron Philips Chemical, etc.

Lyondell Basell declares force majeure of Polypropylene from Basell Orlen Polyolefins
400000 MT plant in Poland...

LyondellBasell has declared force majeure on polypropylene (PP) from its joint venture Basell Orlen
Polyolefins (BOP) 400,000 tonne/year plant in Plock, Poland, due to problem in Polypropylene plant.
While BP Refining and Petrochemicals (BPRP) declared force majeure on propylene supplies from its
PCK Schwedt, Germany, and Nerefco Rotterdam, Netherlands refineries. It seems that de to tightning
of the market Prices are expected to move up to USD 1220 - 1230 per MT in Europe.

Disclaimer
it is our intention to ensure that the information on this report is accurate and complete; however we
are not liable for any errors, inaccuracies or omissions. The majority of information is liable to change
without any intimation or notice. Chemical Explorer will not be responsible for any decisions made
based on the information provided in this report or on this web site.