Methylene dichloride (MDC)
In India MDC is majorly imported on Kandla and Mumbai ports. JNPT and Kakinada are the other ports where MDC is being imported but not in huge quantity.
GFCL and GACL are the major manufacturer for MDC in India.
For daily price, we follow the same procedure as mentioned above in the Daily pricing methodology.
Our team regularly communicates with the key participants for international price.
Here we ask the key participants to bid their prices. We make sure that all the entities submit the relevant documents to make the price assessment more relevant
MDC is mainly used as a solvent in a variety of pharmaceutical applications. The chemical is also used to remove heat-sealed labels in the textile industry., MDC demand & supply are influenced by Pharma and Textile industry.
In India MDC is majorly imported from Germany and United Kingdom. United State, Korea, France, Japan, Switzerland are the other countries from where MDC is imported in lesser quantity.
Later a comparative analysis is being carried out for all the prices. In the end, price which is more suitable and prompt is decided. Inference of this analysis is published in our market report as international price.
This assessed information is then published in our weekly report.
For CFR India, cost and freight is included. For FOB the prices does not include the shipping charges.
FOB (Freight on Board) prices is generally taken or the material being imported from Korea.
Anti-dumping duty (ADDs) is applicable on imports of MDC from South Korea and US.