Acetanilide Price Trend and Forecast

Acetanilide Regional Price Overview

Get the latest insights on price movement and trend analysis of Acetanilide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Acetanilide Price Trend for the First Half of 2024

Asia

In the first half of 2024, acetanilide prices in Asia were largely influenced by the fluctuations in its feedstocks, aniline and acetic acid. During Q1, aniline prices in the Indian and Chinese markets showed contrasting trends, with India experiencing consistent growth while China witnessed a brief price rise followed by a decline due to weak downstream demand.
 

Acetanilide Price Chart

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The positive price trajectory of aniline in India, along with the stable acetic acid prices in the region, provided moderate support to acetanilide production. However, in Q2, as aniline prices declined post-May Day holidays and acetic acid remained stagnant with high inventories, the acetanilide market faced challenges. The price of acetanilide showed stability in the early part of the period but began to dip towards the end of the quarter as weaker demand from downstream industries, combined with ample feedstock inventories, negatively impacted market sentiment.

Europe

In Europe, the acetanilide price trend during the first half of 2024 was driven by declining aniline prices and stable acetic acid costs. In Q1, aniline prices faced consistent downward pressure due to weak demand from the construction sector and supply chain disruptions, which created a challenging environment for acetanilide producers. The low demand for derivatives, combined with economic instability, led to a steady price decline for acetanilide in the first quarter. In Q2, however, the acetanilide market experienced slight stabilization as aniline prices rebounded with firm demand from pharmaceutical and polyurethane sectors, although construction activity remained slow. The stable acetic acid prices and moderate production costs provided some support to acetanilide, but the ongoing geopolitical tensions and limited feedstock availability kept the market subdued.

North America

In North America, acetanilide prices followed the mixed trends seen in its feedstocks during the first half of 2024. In Q1, aniline prices exhibited stability followed by a decline, which mirrored the trend seen in the Chinese market. This decline, along with steady acetic acid prices, resulted in limited price fluctuations for acetanilide in the first quarter.

In Q2, as aniline prices rose due to higher raw material costs and geopolitical tensions, acetanilide prices experienced upward pressure. Increased demand from downstream sectors such as pharmaceuticals and polymers, along with higher feedstock prices, supported an uptick in the market towards the latter half of the quarter. However, logistical challenges and reduced export volumes dampened the overall momentum, keeping the price increases moderate.

Analyst Insight

According to Procurement Resource, the price trend of Acetanilide is expected to follow the trend traced by its feedstock industries in the forthcoming months.
 

Acetanilide Price Trend for the Second Half of 2023

Asia

During the second half of 2023, the price trend of acetanilide displayed regional variations influenced by the movement of its key feedstock commodities. In Asia, particularly in China and India, the prices of acetanilide remained largely aligned with the upward trend of acetic acid and aniline. The increasing demand for these feedstock chemicals, driven by steady industrial activities, pushed the prices of acetanilide upward. China, experiencing fluctuations in feedstock availability, saw some volatility in acetanilide pricing, while India's market remained more stable due to consistent demand from downstream industries.

Europe

In Europe, however, acetanilide prices faced downward pressure due to ongoing economic challenges, including high inflation and production limitations, which affected the petrochemical industry. The feedstock aniline and acetic acid also exhibited weak performance in the region, leading to a muted trend for acetanilide. The region struggled with supply chain disruptions caused by geopolitical tensions, and the overall market sentiment for acetanilide was cautious.

North America

In North America, acetanilide prices trended downward, influenced by weak demand and sluggish feedstock prices. High interest rates and softer demand from downstream sectors, particularly in the chemical and pharmaceutical industries, kept prices in check. The market was further affected by the seasonal slowdown toward the end of the year, leading to a less optimistic outlook for acetanilide in the region during the latter part of 2023.

Analyst Insight

According to Procurement Resource, the price trend of Acetanilide is expected to exhibit a bearish tone in quarters ahead as well with limited support from the downstream industries and lack of movement in the feedstock sector as well.
 

Acetanilide Price Trend for First Half of 2023

Asia

In Q1, the demand for acetanilide fell initially due to the New Year holidays. But as the quarter moved forward, the prices inclined with the improvement in demand and manufacturing activities. The overall market sentiments for acetanilide also improved on account of the increase in the number of inquiries from overseas industries. However, the demand for acetanilide fell short in the second quarter, as compared to the supply rates.

Europe

The first quarter of 2023 witnessed a gradual fall in the prices of acetanilide as the number of inventories rose significantly while the number of new orders dilated. This depreciated the trading sentiments, and along with this, the manufacturing sector also took a hit amidst the weak movement of the economy.

In parallel to this, the cost of feedstock materials also declined, adversely affecting the price trend of acetanilide. In the second quarter, the raw material cost and volatility in the upstream crude oil prices supported the growth of the acetanilide market, but reduced consumption rates and fragility in the construction and electronics sector led to the downfall in the price trend of acetanilide.

North America

The North American market of acetanilide inclined slightly in the first quarter of 2023 as the number of orders from the polymer sector remained stable throughout this phase. The supply of acetanilide was disrupted as the manufacturing sector slowed down amid the economic crisis in the region. To curb the falling economic indicators, the banks had to increase their interest rates, which further pushed the prices into the red zone. In the second quarter, the feedstock and crude oil costs supported the market trend initially, but the contraction in demand proved to be a challenge for acetanilide prices.

Analyst Insight

According to Procurement Resource, the price trend of Acetanilide is estimated to trace a fluctuating trajectory due to the limited procurement from the consumer sector.

Procurement Resource provides latest prices of Acetanilide. 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.