Acetic Acid Europe Transcript
ICIS reports on Acetic Acid in Europe, the US and Asia. In Europe, the report assesses a quarterly contract price, a monthly contract price and a spot price range. All are quoted on a free delivered (FD) North West Europe (NWE) basis.
Prices are reported in Euros per metric tonne. Quarterly contract prices are generally settled towards the end of each quarter and are used as a benchmark in the industry.
Spot prices reflect current pricing for typical truck sizes of 20-35 tonnes. While spot prices for bulk delivery are discussed in the text.
The report covers contract negotiations, spot business, bids and offers, supply and demand issues, and any news on imports or production that could affect the market. It also gives a snapshot of developments in upstream and downstream markets.
The European acetic acid report is a respected and essential tool for our subscribers.