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Markets :: Basic Chemicals :: Petrochemicals :: Acetic acid
9:31 AM MDT | July 21, 2008 | Chemical Week Editorial Staff
Prices U.S.: 58 cts-62 cts/lb del, July contracts EUROPE: €700-€800/m.t. fob NWE, spot ASIA: $680-$700/m.t. c&f Southeast Asia, spot Outlook Global acetic acid demand is expected to grow at roughly 3.8%/year through 2013, down from 4.5%/year from the last five years, due to declines in economic activity and select end uses, says Mike Devanney, analyst with SRI Consulting (SRIC; Menlo Park, CA). Growth in vinyl acetate monomer (VAM), the largest end market for acetic acid, has slowed this year due to the weak U.S. housing market, however, it is...
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