Stay abreast of the regional Acetic acid markets that matter to you.
From pricing information to the analysis you need to understand it, ICIS coverage of regional Acetic acid markets is second to none.
Use ICIS information to:
- Follow price drivers and fluctuations
- Inform your internal market modelling
- Back up your negotiations
- Determine settlement and contract terms
Acetic acid news and market information products from ICIS
We offer the following regional Acetic acid coverage to keep you informed of factors and developments affecting prices in the Asia Acetic acid marketplace.
Price Reporting – More information about the price reports we publish on Acetic acid
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Acetic acid
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q2 2017
Acetic acid spot prices in Asia were broadly on a downward trend in the second quarter before settling in the low $400s/tonne cost & freight (CFR) Asia by early May, when tightened supply in China led to a rebound in prices. A spate of unplanned plant outages in China, Saudi Arabia and Malaysia in the latter half of May affected a combined annual production capacity of over 3m tonnes for between two weeks and 45 days. This prompted Celanese to announce a $50/tone hike on its list and off-list selling prices in Asia outside China on 26 May, and a yuan (CNY)300/tonne hike in China. Elsewhere, a key producer halted its offers in late May.
A handful of producers were heard seeking spot cargoes to meet their production shortfalls, exacerbating the tight cargo availability. Spot prices across Asia subsequently rose to $430-460/tonne CFR SE Asia/south Asia by early June, close to a two-year high.
ICIS covers acetic acid spot price assessments for northeast Asia (NE Asia), southeast Asia (SE Asia), south Asia, China on a cost & freight (CFR) basis.
ICIS checks and quotes ex-tank prices for the key east China market in yuan, as well as the free on board (FOB) China price, because of the growing importance of the China export market.
The commentary explains the drivers behind price movements and covers bids, offers and spot transactions.
The status of contract price negotiations is also monitored and discussed.
ICIS keeps a close eye on all scheduled outages and reports on any production problems to ensure that subscribers have the information they need.
Fluctuations in key feedstock methanol can also have a big impact on acetic acid prices.
These factors are all tracked in the report, together with monthly trade statistics and freight rates, making it an important and key reference tool for our customers and the industry.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Acetic acid. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enable you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Acetic acid, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.