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.
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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
The acetylene market is driven by the increasing application of acetylene in the chemical and manufacturing sectors, where it is used as a key precursor for producing chemicals, such as vinyl chloride, acetic acid, and various plastics. Additionally, the welding and cutting sectors are encouraging acetylene consumption, as it is a critical component in oxy-acetylene processes, providing a high-temperature flame ideal for metalworking, thereby impelling the market growth. Besides this, the thriving manufacturing industries are further catalyzing the demand for acetylene, as infrastructure development and industrialization require substantial fabrication activities. Moreover, technological advancements in acetylene production and usage are offering a favorable market outlook.
Acetylene Industry Analysis
In Europe, the acetylene market saw significant price volatility in the last quarter of 2023 due to global supply chain issues and rising costs of calcium carbide. Supply chain disruptions contributed to material shortages, creating upward price pressure despite relatively stable industrial demand. Geopolitical tensions, particularly those related to Ukraine, further complicated the market by impacting energy prices and overall economic stability. This volatility resulted in regional pricing disparities, with Western and Central Europe generally experiencing higher prices compared to Eastern Europe.
In North America, acetylene prices fluctuated in the final quarter of 2023 due to a combination of domestic market dynamics and external pressures. A notable decline in demand from key sectors, such as construction, led to a downward trend in prices. However, by the end of the quarter, a small recovery was observed, driven by seasonal adjustments and expectations for increased demand in the upcoming months. Although stable calcium carbide costs contributed to price stabilization, ample acetylene stocks, and broader economic challenges resulted in cautious purchasing behavior.
In the Asia Pacific region, the acetylene market was influenced by several critical factors that affected pricing trends in the last quarter of 2023. A significant decline in demand from the PVC industries resulted in reduced inquiries, leading to downward pressure on prices. Additionally, the costs and availability of feedstocks like calcium carbide played a crucial role, with expectations of rising prices adding to manufacturing expenses. Global shipping costs and fluctuating trade volumes further complicated market dynamics.
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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