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.
Updated to Q3 2018
The European acetic acid market entered the third quarter still experiencing the acute shortness of material that began to afflict it before the end of last year, and had subsequently tightened. Mid-year probably represented the most extreme point of this imbalance and as downed plants around the world came back on stream, supply gradually returned. However, replenishing the pipeline was a protracted process and the market could not be said to have returned fully to normal by September, although prices were beginning to reflect an easier situation.
There were no special features of demand for acetic acid in Europe in the last three months. While an unusually long, hot summer should have boosted consumption of polyethylene terephthalate (PET) bottles for soft drinks, there does not appear to have been an exceptional surge of consumption from the purified terephthalic acid (PTA) sector. So no marked deviation from normal patterns of demand have been claimed, other than what may have resulted from the distorted supply situation.
We offer the following regional Acetic acid coverage to keep you informed of factors and developments affecting prices in the Europe Acetic acid marketplace.
More information about the price reports we publish on Acetone
Independent price assessments and market coverage
More information about the historical price data we publish on Gas
Track historical price data
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
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Acetic acid, a clear colourless liquid with a pungent odour, is used as a chemical intermediate and solvent with widespread applications throughout industry.
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.
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