Acetic Acid Prices Trend and Forecast - Delhi

In Q1 2022, the Acetic Acid Prices slipped in the first half of the Q1 of 2022. Declining demand for Natural gas also diminished the prices of Methanol impacting the Acetic Acid market. With the deterred price, the downstream adhesive and preservative industries were pressurized as sufficient supply and deteriorating market impacted the enterprises. Towards the end of the first quarter, the price of Acetic Acid was observed to be USD 1397/ton FOB Louisiana. In the second half of the first quarter, the cost rose supported by low production rates and lack of raw materials such as methanol, as well as regular maintenance. This pricing pattern was observed as demand in the domestic market of the United States revived. Raw Material Methanol production on the United States' Gulf Coast was highly efficient, as supply improved in response to rebounding Acetic Acid demand. When compared to the previous quarter, the price of Acetic Acid slipped by 13.7% when compared with Q4 2021.


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