Acetonitrile Prices, News, Market Analysis

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Acetonitrile Prices Overview  
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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/acetonitr
ile-1105
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Acetonitrile Prices Overview  
E-mail info_at_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.
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Acetonitrile Prices Overview  
E-mail info_at_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. Methodolo
gy 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
companys 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 industrys 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.  
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Acetonitrile Prices Overview  
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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).