India's BHT market strengthened through March 2026 as logistics shocks and domestic demand tightened the cost floor. February established a bullish trajectory, with momentum aided by higher freight and insurance premiums, while East Asian exporters ran at rates. Regional producers prioritizing polymer grade blends lowered immediate spot availability to India, prompting buyers to accept higher import offers to avert stockouts. Seasonal upticks in personal care production and packaged food output supported intake, keeping importers competing for a smaller parcel pool. Demand was broad across food and personal care applications, with antioxidants, snack formulations, skin care creams and lubricants underpinning demand. The market saw a sharp rise in imported BHT, with assessments reflecting gains, while local producers maintained tight export availability. Freight inflation and higher war risk insurance on East Asia routes were drivers, amplifying landed parity. Looking ahead, analysts anticipate near-term upside before gradual moderation toward mid to late year, with monsoon softness tempering demand.
