Home / Knowledge / News / Textiles / Asian acetic acid spot prices may rise in 2013
Asian acetic acid spot prices may rise in 2013
Jan '13
Market experts predict that spot prices of Acetic acid in Asia may remain high in the initial period of the current year as plant operating rates are likely to be cut by major producers. The downstream market is oversupplied as per the industry sources.
Producers in N.E. Asia stated that they hope to raise Acetic acid prices in the current year even though the downstream demand is weak as upstream product prices are expected to remain high.
However, according to some traders in China, Acetic acid prices may stop declining and become stable in the domestic market in the early days of 2013 as some manufacturers may lower operating rates.
In 2012, spot prices of Acetic acid in China were highest in the month of May and were assessed in the range of US$ 535-550/ton FOB China. Tight supply conditions, several plant shutdowns in the region and higher upstream product prices contributed to the price rise.
Traders in China said that it is quite unlikely that 2013 would remain good because of the oversupply conditions, unless some plants remain shut down for a significant period of time. Prices were assessed in the range of US$ 430-475/ton FOB China in the last week.
Click here to receive latest issue of ChemTrend Report.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search