Acetic Acid Prices In India | |
There has been a notable shift in the pricing dynamics of Acetic acid, impacting various sectors such as lubricants and hydraulic fluids. The pricing journey, commencing at Rs. 46 per kg on January 06, 2023, witnessed a decline to Rs. 44 per kg by January 13, 2024. Subsequent fluctuations occurred with increases noted on January 26, 2024 (Rs. 46 per kg) and February 01, 2024 (Rs. 47 per kg). However, as of February 06, 2024, the price has seen a reduction to Rs. 44/kg, indicating a noteworthy Rs. 3 decrease from the previous figure. This adjustment reflects changes in pricing dynamics, influenced by factors such as fluctuations in raw material costs, evolving market demands, and industry competition. Analysts are diligently monitoring these developments to evaluate potential impacts on manufacturers and downstream businesses Acetic acid, being a versatile chemical, finds application in the production of acetic anhydride, cellulose acetate, vinyl acetate monomer, plastics, insecticides, rubber, etc. The ongoing scrutiny by analysts underscores the importance of understanding the intricate factors shaping the Acetic acid market. | |
Target State: All States Target City : All Cities Last Update : 07 February 2024 6:54 PM Number of Views: 72 | Item Owner : indianpetrochem Contact Email: (None) Contact Phone: (None) |
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