C9 solvent prices in India experienced a mixed trend throughout May, eventually ending the month on a firmer note following a late recovery supported by short-covering activity and stable logistics conditions. Early-month gains were driven by stronger crude oil prices and restricted supply conditions, which provided cost support across the value chain. As the month progressed, C9 solvent prices stabilized amid balanced supply-demand dynamics, while softer upstream costs and subdued trading activity limited stronger upward momentum. Downstream demand remained cautious, with buyers largely procuring on a need-based basis and sellers adjusting offers to facilitate inventory movement. Supply conditions for C9 solvent remained steady, supported by stable production, routine logistics operations, and comfortable inventory levels. Market activity stayed relatively muted through the middle of the month before selective replenishment buying improved sentiment toward month-end. Looking ahead, C9 solvent prices may face downward pressure as the approaching monsoon season is expected to weaken downstream demand, while easing geopolitical tensions could soften crude oil prices and reduce overall cost support.
