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 Q2 2017
European acetic acid prices rose again in the second quarter. Contract and spot prices followed a similar pattern, for the same reasons. Dearer methanol was the principal driver, albeit much acetic acid consumed in Europe is imported from other regions where feedstock costs are not dictated by the European benchmark. Demand has also been healthy. Although acetic acid consumption is not particularly volatile or subject to marked seasonal variations, solid demand contributes to a more even balance in the market, and this helped to support the price increases suppliers were able to require from customers. At other times, when the market has tended to be longer, it has been more difficult for producers to recover much of any increase in raw material costs.
However, this does not mean that the market has become significantly tight. Producers say they are still struggling to pass through the full extent of feedstock movements despite efforts to impose substantial increases. Once quarterly and monthly contracts responded to higher methanol in April, it became very difficult for sellers to achieve any further increment in May.
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.