The Monochlorobenzene (MCB) market was relatively high in India, against a backdrop of tight feedstock inventories and stable demand during September 2025. A positive sentiment in the market was noted by input materials such as benzene and chlorine as the market had enough commodity movement in-country due to port issues that were continuing in other parts of the world. The ex-works nature of the market remained similarly dependent on local manufactures and transit in-country even though inventory levels remained steady in the feedstock inventories. The end-use markets continued to draw on MCB for use in the adhesive, paint, rubber, pharmaceutical, textiles, and the largest end-use market for MCB when it acts as intermediaries for aniline, nitro chlorobenzenes, and herbicides. The catalytic applications also provided support for MCB as a key component in the long term and larger capacity in terms of industrial use. The market remained in balance between supply and demand overall, resulting in sufficient costs upstream and downstream consumption, which all had considered while some ability to cool and stabilize. Moving forward suggests MCB fundamentals will remain balanced and firm-to-stable into Q4 2025.
The Monochlorobenzene (MCB) market in India improved during September 2025, driven by tight feedstock availability and stable industrial demand from significant downstream sectors. The MCB industry helped with efficient port operation and domestic logistical capabilities, resulting in an overall balanced supply-side scenario, even with some global regions impacted by congestion.
In price terms, MCB pricing increased by 1.93% to USD 642/tonne (Ex-Mumbai), with increases in prices, like increases in the upstream raw material markets where benzene increased by 0.80% and now priced at USD 746/tonne, while chlorine gas pricing has strengthened this month. Price increases in the upstream mobility have impacted on the supply available to MCB manufacturers, as raw material procurement and downstream demand were steady across several different industries.
In India, the availability of MCB depends on what the producers can provide and related domestic logistics. The suppliers will obtain the materials -benzene and chlorine-locally and any imports will add to that capability. Indian Ports were operating quite well back in September when we did our travel shipment of MCB to end users occurred full uninterrupted service of safety at sea was enhanced by the recent port reform within the Indian Ports Act and Coastal Shipping Bill.
Inventory volumes for MCB were stable and did not indicate unusual levels of lagging inventory or stock piling. India will export MCB to the target USA and Japan and Brazil as examples, but the EX-pricing structure appears aligned with the domestic fundamentals of supply and is nearly insulated from the international freight market.
MCB was bought for domestic demand from consumer industries such as adhesives and sealants, paint, rubber, sunscreen, agricultural and drug formulations, and textile processing, in which MCB is an important solvent and intermediate. In addition, MCB is implemented as a major feedstock for aniline, nitro chlorobenzenes, and herbicides which adds to a strong and diversified consumption base. In addition to typical chemical markets, there were also developments of net demand from catalytic demand applications of MCB such as chemoenzymatic synthesis and hydrogenation. September's modest price hike reflected continuing activity as a signal that MCB began to balance market fundamentals and demand in an industrial context rather than speculation.
As a result of volatility in upstream markets and a stable outlook from downstream demand, MCB prices in India have the potential to remain firm-to-stable into Q4, 2025. Logistics that operate efficiently and stable domestic production should keep supply and demand benchmarks grounded and less exposed to external disruptive risk.
