Free Acetaldehyde pricing Trend and Forecast New York
- Location: New York, New York, New York, United Kingdom
Acetaldehyde demonstrated strong market sentiments in the United States during Q1 2022. Acetaldehyde Pricing increased owing to the product’s limited availability in the region. The ongoing conflict between Russia and Ukraine impacted the upstream Crude oil prices and Ethylene prices, and prices soared as the market appeared to be recovering with stronger demand. The high cost of Acetaldehyde in the region has been under ongoing pressure due to supply shortages and increased demand from the downstream paint industries as binders. Furthermore, due to a maintenance turnaround, one of the Ethylene producers in Texas, Motiva Chemicals, temporarily shut down its plant, resulting in a supply deficit for downstream producers. In March 2022, Acetaldehyde FOB Texas (USA) pricing was reported at USD 2400/MT.
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