Acetic Acid Prices In India
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In the latest updates from Kandla, today,there has been a marginal decrease in the prices of acetic acid within Imported tanker load, shifting from Rs 46.5/kg to Rs 44.5/kg. This alteration underscores the fluid and ever-changing landscape of the chemical market, driven by a multitude of factors. Over the past few months, Acetic acid prices witnessed fluctuations attributed to global market conditions, supply chain disruptions, and geopolitical events. The previous price of Rs 46.5/kg has been influenced by increased demand, production costs, or limited supply, creating a market environment conducive to higher prices. The current decrease to Rs 44.5/kg could be attributed to factors such as improved production efficiency, increased supply, or changes in global demand. Economic indicators, trade relations, and geopolitical stability can significantly impact the pricing dynamics of chemicals, including Acetic acid has been prepared on an industrial scale by air oxidation of acetaldehyde, by oxidation of ethanol (ethyl alcohol), and by oxidation of butane and butene.
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Last Update : Feb 20, 2024 6:51 PM
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