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Sentiments were bolstered towards the end of the quarter as the news of construction of Nouryon and INEOS nitrilesu2019 new Acrylonitrile and Acetonitrile unit in Germany is in its final construction phase and is expected to be fully operational in FY 2021-2022.<br>
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Acetonitrile Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Market Overview Quarterly Update on Global Acetonitrile Market Asia-Pacific (APAC) Asia pacific is the largest producer of Acetonitrile, holding more than 50% of the total market share in terms of production and leading in terms of consumption. The regional supply remained tight due to planned and unplanned turnarounds and reduction in the supply from the northeast Asian region in October. Tight supply and robust demand drove the product realizations in India with the elevation likely to sustain even in Q1 2021. Firming raw material further triggered an upward push in the pricing curve which was averaged around USD 4650 per tonne for pharma-grade Acetonitrile in India. Get more info : https://www.chemanalyst.com/Pricing-data/acetonitrile- 1105
Acetonitrile Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Europe The Q4 turned out to be largely tight in terms of Acetonitrile supply as major pharmaceuticals industries across Europe faced shortage in the graded Acetonitrile supply, while the agrochemical sector sought supplies from the overseas to deal with the material shortage. The quarter observed unexpected turnarounds by major Acetonitrile producers in response to the second lockdown imposed due to new COVID variant. Sentiments were bolstered towards the end of the quarter as the news of construction of Nouryon and INEOS nitriles’ new Acrylonitrile and Acetonitrile unit in Germany is in its final construction phase and is expected to be fully operational in FY 2021-2022. North America The supply of Acetonitrile in the Americas remained tight as major players announced turnaround during the first half of the 4th quarter, while some key players announced force majeures triggering low production of upstream Acrylonitrile which led to decrement into the production of Acetonitrile. Buyers turned active for the procurement of product, but persistent tightness made it tough to strike bulk deals. Buoyant demand and firming upstream rates increased the price of Acetonitrile across the US market. Some petrochemical producers turned optimistic after Joe Biden emerged victorious from the US presidential elections which escalated the expectations of several industrialists regarding smoothening of US-China relationship and bilateral trade. How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical, petroleum and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner.
Acetonitrile Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally. Methodology ChemAnalyst gathers information through primary research surveys conducted with various Acetonitrile 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 Acetonitrile 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 Acetonitrile market. Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, suppliers, traders and importers and customers on monthly and yearly basis.
Acetonitrile Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Finally, region-specific markets for Acetonitrile are analyzed and region-wise demand pattern is tracked. About Acetonitrile is the simplest organic nitriles, and commonly known as cyanomethane, methyl cyanide, ethyl nitrile, methane-carbo-nitrile, etc. It is a clear, colorless liquid with a sweet, ethereal odor. It is used as a polar aprotic solvent used in organic synthesis and in purification of butadiene. Acetonitrile is obtained as a by-product with Acrylonitrile during distillation by the catalytic ammoxidation reaction of Propylene and Isobutene with ammonia and molecular oxygen. Its biggest end-user is the pharmaceuticals industry wherein it is used to synthesis certain vitamins, amino acid, cortisone, etc. and in the production of insulin, antibiotics and for DNA synthesis. The second largest consumer of acetonitrile is the Analytical Industry for applications of HPLC (High Performance Liquid Chromatography).