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Acetaldehyde Prices Overview

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Market Overview

Quarterly Update on Acetaldehyde Market

For the Quarter Ending December 2020

Asia

The Asian Acetaldehyde demand stabilized in Q4, as major producers in India and China ramped up their production levels. Firm supply in October and November created a stable price in the Asian Acetaldehyde market. The supply tightening situation of Ethanol, a major raw material for Acetaldehyde created a hike in price in December. Traders and several downstream buyers of Acetaldehyde were heard piling up their inventory levels to prepare for the tightened supply in the near future. Government initiatives in major producing countries such as India and China will boost up the stability in supply of Acetaldehyde moving into 2021. The price for Acetaldehyde in India for the quarter ending December 2020 was averaged at USD 1840 per MT.

Europe

Many European countries reinstated lockdown measures to combat the second wave of Covid-19 pandemic. There was a reduction in the quantity of Acetaldehyde available in region in Q4. A regional supplier stated that he was able to fulfil the demand of contract buyers, the spot supplies however were relatively shortened. Some downstream industries are eyeing on import from the Asian companies to cater to growing demand for pharmaceuticals and agrochemicals. Spot buyers are anticipated to fill in their inventories from the import to meet the demand in the coming quarter.

North America

With the consistent increase in the price of feedstock ethanol, Acetaldehyde price in North America witnessed an upward trend in last quarter of 2020. Also, the plant operating rates gradually improved under the optimism that prevailed from the consistent upward push in crude values. Also, after the political shift major downstream producers are optimistic over the US-China bilateral trade and are anticipating a stable supply for the Acetaldehyde from imports.

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Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acetaldehyde is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

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Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

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Company Profile

Basic details and information on financial performance of leading global players in the Acetaldehyde market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

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Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Acetaldehyde manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Acetaldehdye market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Acetaldehyde market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Acetaldehyde are analyzed and region-wise demand pattern is tracked.

About

Acetaldehyde, also known as ethanal, is a colourless solvent, miscible with water and flammable organic chemical substance possessing the chemical formula C₂H₄O. It is a common substance naturally found in coffee, ripe fruits, breads, fruits, vegetables, gasoline, cigarette smoke and diesel exhaust. Acetaldehyde is also found as intermediate in alcohol metabolism and is industrially manufactured by the oxidation of ethyl alcohol. Acetaldehyde is used across various manufacturing industries such as chemicals, perfumes, dyes, drugs, rubber, paper, food processing etc. Acetaldehyde is primarily used as a substrate for production of other chemicals such as, acetic acid, ethyl acetate. n-butyl alcohol, etc. Moreover, it also acts as preservatives and flavouring agent in food processing and drugs manufacturing industries. Furthermore, acetaldehyde is one of the most widely used organic solvent, in various industries like paper, rubber, and tanning.

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Acetaldehyde Prices Overview