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Copper Acetate Price Trends and Forecast
Copper Acetate Price Trends and Forecast
Copper Acetate Regional Price Overview
Get the latest insights on price movement and trend analysis of Copper Acetate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Copper Acetate Price Trend for the Q1 of 2024
In the first quarter of 2024, copper acetate prices were influenced by the broader trends in the markets for its key components: copper and acetic acid. Copper prices on the London Metal Exchange saw upward momentum driven by tightening supply and increasing demand related to the energy transition. After a decline in the previous year, copper prices rebounded at the start of 2024, supported by limited supply and disruptions at key mines, which created a tighter market. Despite these supply constraints, copper prices showed strong gains towards the end of the quarter.
Copper Acetate Price Chart
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On the other hand, acetic acid prices remained relatively stable with minor fluctuations. In Asia, acetic acid prices were steady due to excessive inventories and rising production costs, while in Europe, reduced reliance on imports and a focus on domestic production helped maintain a steady price trend.
In North America, consistent market dynamics, including steady methanol prices and increased demand from derivative industries, supported acetic acid prices. Overall, the copper acetate market reflected the interplay of these factors, with copper's supply constraints and acetic acid's stable pricing contributing to the overall price trend of copper acetate in the first quarter of 2024.
Analyst Insight
According to Procurement Resource, the price of Copper Acetate is estimated to surge with the support from the demand of downstream industries and escalating cost of production based on rising global prices of copper and acetic acid in the adjacent quarters.
Procurement Resource provides latest prices of Copper Acetate. 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 Copper Acetate
Copper acetate is a crystalline solid that has a blue-green color. It dissolves in both alcohol and water to form a blue solution. Copper acetate is frequently utilized as a catalyst in chemical processes and organic synthesis due to its diverse range of chemical characteristics. In agriculture, it works as a fungicide and insecticide to keep crops healthy. It also improves corrosion resistance and visual appeal when employed in the creation of pigments, electroplating, and metal surface treatment. It is also helpful in preserving wood and other materials because of its antibacterial qualities.
Copper Acetate Product Details
| Report Features | Details |
| Product Name | Copper Acetate |
| Chemical Formula | Cu(CH3COO)2 |
| Industrial Uses | Organic Synthesis, Agricultural Industry, Pigment production, Electroplating |
| Molecular Weight | 181.63 g/mol |
| CAS No. | 142-71-2 |
| Supplier Database | Spec-Chem Industry, Gfn & Selco, COSMO, Fuan 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.
Copper Acetate Production Process
This simple synthesis of copper acetate entails the reaction between copper hydroxide and acetic acid at appropriate reaction conditions. The water obtained as the side product of the synthesis is then evaporated to obtain pure copper acetate.
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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