Acetylene Price in India
- India: 3838 USD/MT
In the final quarter of 2023, acetylene prices in India dropped to 3838 USD/MT by December. This decline was driven by reduced demand from the polyvinyl chloride (PVC) industry, along with product stockpiling in the domestic market.
The latest report by IMARC Group, titled "Acetylene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Acetylene Prices. This report delves into the price of Acetylene globally, presenting a detailed analysis, along with an informative Acetylene Price Chart. Through comprehensive Acetylene price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Acetylene demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Report Offering:
- Monthly Updates: Annual Subscription
- Quarterly Updates: Annual Subscription
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The study delves into the factors affecting acetylene price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/acetylene-pricing-report/requestsample
Acetylene Price - Last Quarter
In Q4 2023, North American acetylene prices followed a mixed trend, primarily impacted by reduced demand from key industries, notably construction, continuing a downward movement from Q3. Prices bottomed out in October before showing a modest rise towards the quarter’s end, likely due to seasonal factors and anticipation of increased demand in early 2024. Construction sector demand softened amid inflationary pressures and seasonal slowdowns, while stabilized calcium carbide feedstock prices offered some relief to producers. Despite adequate acetylene inventories and an economic slowdown, price variations existed regionally, with the Northeast and Midwest slightly higher than the South and West. In the APAC region, pricing was affected by limited inquiries from the PVC sector, stable calcium carbide availability, and fluctuating freight costs. India saw the most pronounced price decreases due to stockpiling and reduced local demand, with sufficient acetylene availability meeting end-use needs. Europe experienced volatility, driven by high feedstock costs and global supply disruptions, with geopolitical tensions and fluctuating construction demand adding complexity. Prices remained elevated compared to prior years, with higher costs in Western and Central Europe. The 2024 outlook hinges on factors like feedstock trends, economic conditions, and geopolitical developments, with cautious optimism for potential stabilization.
Acetylene Industry Analysis
The acetylene market is primarily driven by its extensive applications in metalworking, chemical synthesis, and the production of specialty materials. As a key fuel gas in welding and cutting, acetylene is highly valued in the metal fabrication and construction industries due to its high flame temperature, which enables precise and efficient metalworking processes. The growth of these industries, particularly in emerging economies, is fueling demand for acetylene as an essential component for efficient operations. Additionally, acetylene serves as a vital raw material in the chemical industry, used to synthesize acetylene derivatives that contribute to the production of plastics, synthetic rubber, and various chemicals.
The expansion of the automotive, construction, and consumer goods sectors further drives demand for acetylene derivatives, as they are integral to producing high-performance materials. Advances in acetylene production technologies and increasing investments in infrastructure projects are also supporting market growth. Furthermore, the development of sustainable production methods to address environmental concerns is promoting acetylene’s adoption across industries.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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