ICIS has a network of locally based reporters providing coverage of regional Acetic acid markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
Use ICIS information to:
- Develop internal analytical models
- Inform settlements and contracts
- Optimise deals and negotiations
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 Europe 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 Q4 2017
There was a marked reduction in availability of acetic acid in Europe, and globally, in the last quarter of 2017. The effects of Hurricane Harvey in the centre of US chemicals production lasted beyond the storm event itself. Supply was further critically constrained by the serious explosion and fire at the Eastman Kingsport plant, also in the USA. With only one large acetic acid producer in Europe, the squeeze was clearly accentuated.
The European market in the last three months of 2017 was tight but entirely because of the supply situation. Demand remained, as usual, constant except for minor seasonal variations, which partly cancel each other out. There was less demand for PTA after the summer because fewer PET bottles were consumed. Towards the year-end, the need for de-icing agents begins to grow. Apart from these, most players related stable consumption.
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.
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.