Acetic acid Prices, markets & analysis
With a network of price reporters across Asia, Europe and the US, ICIS is fully equipped to keep you updated on everything that happens in the global Acetic acid market, whether you buy or sell Acetic acid or related products.
From daily and weekly reports containing price assessments obtained by our network of local reporters, to the news and analysis that put the market into focus, we provide the tools you need to make confident business decisions.
Acetic acid Overview Transcript
Most acetic acid is produced by methanol carbonylation. In this process methanol and carbon monoxide react to form acetic acid. The principal outlets for acetic acid are into vinyl acetate monomer or VAM, acetic anhydride and purified terephthalic acid or PTA. Europe is structurally dependent on imported material.
The largest European producer is BP which is based at Hull in the UK. There is also significant production in Serbia and Russia but other European plants are largely for internal consumption.
The main importers are Celanese and LyondellBasell from the US and International Acetyl Company based in Saudi Arabia. However, in a tight market buyers can source additional volumes from Asia.
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Acetic acid news and market information products from ICIS
We offer the following regional Acetic acid analysis and news coverage to keep you informed of factors and developments affecting prices in the Acetic acid marketplace.
Price Reporting – More information about the price reports we publish on Acetic acid
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Acetic acid
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News & analysis
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Acetic acid: Market overview
Acetic acid is a global product, with
The two largest producers, Celanese and BP, are based in the
Celanese wants to reduce the amount of acetic acid it sells in the merchant market to only 25% of its production, which will give the company more control over its destiny and increase profitability.
The largest single end-use for acetic acid is vinyl acetate monomer (VAM) production, representing 35% of the world market. Two other uses, purified terephthalic acid (PTA) and acetic anhydride productions, consume almost as much as that for VAM production — about 33%. Acetate esters production takes 20%.
Spot prices in
Updated to mid-August 2013
News & analysis
Acetic acid news & analysis
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About Acetic acid
Acetic acid is a clear, colourless, mobile liquid with a pungent odour and acidic taste. It is miscible in water and most organic solvents but insoluble in mineral oils and carbon disulphide.
Acetic acid is used as a chemical intermediate and solvent with widespread applications throughout industry. The largest outlet is vinyl acetate monomer (VAM), which is used in paints, adhesives, textiles, paper, films and chewing gum. Many VAM plants are integrated with acetic acid facilities.
The production of purified terephthalic acid (PTA) is the second largest outlet consuming 18% of acetic acid production.
There are many other applications from fragrances to foodstuffs and dyes to detergents.