Acetyl oxide prices are affected by the prices of raw material acetic acid. Soaring acetic acid prices pushed up the acetyl oxide market as the cost of transportation from China to other Asian countries rose. On March 11th, the chemical's price had risen to 1275 USD/MT, up 20.62 percent from the day before's price of 1057 USD/MT.
The product's supply has reduced as a result of increased crude oil and natural gas prices as a result of the Russia-Ukraine conflict, causing regional market sentiment to deteriorate. The fermentation of China's energy crisis, as well as the rising upstream methanol industry, drove the Chinese acetyl oxide market. Rising upstream natural gas prices and soaring demand from downstream dyes industries in other areas, such as Europe and the United States, are constraining acetyl oxide markets.
Procurement Resource provides latest prices of Acetyl Oxide. 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.
Procurement Resource provides prices of Acetyl Oxide for several regions around the globe, which are as follows:
About Acetyl Oxide
Acetyl Oxide is the most commonly used reagent in organic synthesis because it is the simplest isolable anhydride of a carboxylic acid. It is mainly used to convert cellulose to cellulose acetate,which is a component of photographic film and other coated materials and is used in the production of cigarette filters. It is also used to make aspirin and as a wood preservative to make longer-lasting wood.
Acetyl oxide is synthesised in two steps from acetic acid and acetone. Acetone is pyrolyzed to produce ketene, which is then combined with acetic acid to produce acetyl oxide.
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.
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).
We aim to provide one-stop solution for all procurement and sourcing information by engaging newest form of technology and methodology. Our team of analysts offers compete and all-round support and are ready with answers to any questions related to the reports after they are purchased by our clients.
Procurement Resource supports its clients with highly customised reports that are created focussing on their needs and requirements. We also provide our clientele with specialised assessments and evaluations for their procurement team which help them take timely decisions and strategize their plan of actions according to the present need of the market.
We follow an extensively results-driven approach to provide our clients with superior quality solutions and most newly gathered information that helps our clients to attain procurement brilliance. Our team of experts concentrate on presenting both qualitative aspect and accuracy of the report.