Product
Acetaldehyde Price Trend and Forecast
Acetaldehyde Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Acetaldehyde in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
The surging crude oil prices during the first quarter affected the petrochemical industry heavily. Acetaldehyde prices soared in the Asian market as feedstock ethylene and ethanol prices rose drastically owing to supply side shortages and trade bottlenecks. Despite the high upstream costs, the demand from the downstream industries like paints and dyes remained robust, supporting the higher prices in the market.
However, under these constraints, the petrochemical industry collapsed in the second quarter. Reduced buyers’ confidence in the market and muted demand led to over piling of inventories forcing the sellers to sell at lower prices to make room for new production. The feedstock ethylene and ethanol cost averaged 1166-1176 USD/MT CFR Northeast Asia and 7150 RMB/MT, respectively, in the second quarter.
Europe
The economic backlash unleashed in the European region owing to the Russian-Ukrainian geopolitical stance triggered an acute energy crisis. The surging oil and gas prices, trade restrictions, heightened freight costs, and solid downstream demand kept acetaldehyde prices afloat in the European market. The acetaldehyde prices averaged 1430 USD/MT CFR France during the first quarter.
The prices remained strong even in the second quarter, owing to the inflated costs of feedstock ethylene and ethanol. The European embargo on Russian oil, retaliatory sanctions, and lowered exports from Asian nations tripped the price trends for Acetaldehyde towards the higher side of the scale. Feedstock ethylene and ethanol prices averaged 1759-1768 USD/MT FD Northwest Europe and 1.3 USD/litre, respectively, in the European domestic arena.
North America
Acetaldehyde prices followed the same price trends as the European market. The limited availability of feedstock, lower imports, trade bottlenecks, and heightened freight costs amid the booming end-user demand caused the prices to rise drastically. The feedstock ethanol price averaged 0.8 USD/litre in the second quarter.
Procurement Resource provides latest prices of Acetaldehyde. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Acetaldehyde is an organic chemical compound with a fruity smell. It occurs naturally in ripe fruits and coffee and can also be synthesized artificially. Owing to its versatile nature, large industrial volumes are produced annually. Ethanol is converted to ethanal/acetaldehyde by the liver enzyme alcohol dehydrogenase, which is the primary cause of a hangover. An important acetic acid feedstock; lately, its global demand has been affected as acetic acid is now manufactured efficiently through methanol.
Product Details
| Report Features | Details |
| Product Name | Acetaldehyde |
| HS CODE | 291212 |
| CAS Number | 75-07-0 |
| Industrial Uses | Building materials, Fire protection paints, Synthetic lubricants, Explosives, Pharmaceutical industry, Preservatives and flavouring |
| Chemical Formula | C2H4O |
| Synonyms | Acetic aldehyde, Ethyl aldehyde, Ethanal |
| Molecular Weight | 44.053 g/mol |
| Supplier Database | Celanese, Merck KGaA, Sumitomo, Sekai, Jubilant Life Sciences, LCY Chemical |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Acetaldehyde from Acetic Acid; from Ethanol; from Acetylene; from Ethylene
Production from ethylene involves the direct oxidation of ethylene in the presence of a homogeneous palladium/copper catalyst to give acetaldehyde.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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