Acetylene price April 2024 and outlook (see chart below)
- North America:US$1.42/KG, -0.7% down
- Europe:US$1.9/KG, -2.1% down
- Northeast Asia:US$1.51/KG, unchanged
- Southeast Asia:US$1.17/KG, -2.5% down
- Middle East:US$1.3/KG, -1.5% down
- Africa:US$1.65/KG, -1.8% down
Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness or timeliness.
Acetylene price index
This post is a summary of the acetylene price developments. The price developments of acetylene are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Acetylene price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for acetylene prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of acetylene prices
- Recent price developments of underlying feedstocks which drive the price of acetylene
- Market futures for both cost drives and feedstocks of acetylene prices
- Adjustment of current supply/demand imbalances in the acetylene market
- Longer term trends in likely demand conditions
Further information on the Acetylene price index
Here is some further information
What is Acetylene
Acetylene is a chemical compound that is composed of two carbon atoms bonded together with a triple bond, as well as two hydrogen atoms bonded to each carbon atom. It is a highly flammable gas that is colorless and has a distinctive garlic-like odor.
Acetylene is a versatile compound that is used in a wide range of applications. It is used as a fuel gas in welding, cutting, and brazing processes, and is also used as a raw material in the production of a wide range of chemicals, such as acetic acid, vinyl acetate, and acetaldehyde. It is also used in the production of synthetic rubber and plastics.
Acetylene is a highly flammable gas and must be handled with caution. It is stored and transported in special cylinders that are equipped with a valve and a pressure relief device to prevent accidents.
How is Acetylene produced
Acetylene is produced by the reaction of calcium carbide with water, which produces acetylene gas and a by-product of calcium hydroxide. The reaction is known as the “carbide process” and can be represented by the following equation:
CaC2 + 2H2O → C2H2 + Ca(OH)2
What is Acetylene used for
Acetylene is a chemical compound that is composed of two carbon atoms bonded together with a triple bond, as well as two hydrogen atoms bonded to each carbon atom. It is a highly flammable gas that is colorless and has a distinctive garlic-like odor.
Acetylene is used in a wide range of applications, including:
Welding, cutting, and brazing
Acetylene is a popular fuel gas for welding, cutting, and brazing processes due to its high heat output and flame temperature. It is used in a variety of welding and cutting processes, including manual metal arc welding, tungsten inert gas welding, and oxyfuel gas welding.
Chemical production
Acetylene is used as a raw material in the production of a wide range of chemicals, including acetic acid, vinyl acetate, and acetaldehyde. These chemicals are used in the production of a variety of products, including plastics, resins, fibers, and rubber.
Food processing
Acetylene is used in the food processing industry to sterilize and preserve food products, such as fruits and vegetables. It is also used to sterilize equipment and packaging materials used in the food industry.
Insect control
Acetylene is used as an insect control agent in the agricultural industry. It is used to fumigate crops and control pests that can damage crops.
Other uses
Acetylene is also used in a variety of other applications, including laboratory research, lighting, and the production of synthetic rubber and plastics.
Further reading
Trade and market information about Acetylene
It is difficult to accurately estimate the size of the global acetylene market as it depends on various factors such as demand for acetylene in different industries and regions. However, acetylene is a widely used chemical compound with a range of applications, and the demand for it is likely to continue to grow in the coming years.
According to https://oec.world/ :
Unsaturated acyclic hydrocarbons nes are the world’s 1175th most traded product.
In 2020, the top exporters of Unsaturated acyclic hydrocarbons nes were United States ($643M), South Africa ($494M), Qatar ($233M), Belgium ($164M), and Canada ($158M).
In 2020, the top importers of Unsaturated acyclic hydrocarbons nes were United States ($278M), Belgium ($235M), Thailand ($228M), Singapore ($195M), and China ($133M).
Business Analytiq
BE THE FIRST TO SEE RISK AND OPPORTUNITY!
BusinessAnalytiq provides unlimited market trend data and an online tools to track market developments, key benchmarks & leading indicators.
BusinessAnalytiq leads to price visibility, better negotiations, easier budgeting and forecasting, lower raw material prices, and improved better internal and external communication. BusinessAnalytiq will decrease risk and higher profit.
Where does the data come from?
- The source of the data are exclusively public non-confidential sources. We have no access to primary data
- This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
- The data is a combination of contract and spot pricing
- Our algorithms are set up to eliminate significant product mix impact on the reported price
- We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
- The chart shows the our best approximation of the market trend based on our algorithm interpretation of the signals
- For most indexes we have multiple sources and we focus on using statistically-correlated sources
- As a function of our automation, it is likely that recent trends will be adjusted as we discover more information. So, for example, the price trend for February 2024 will be first calculated in February 2024 and adjusted in March, April and May 2024.
- We will update the data trend as more information becomes available, and this means that recent trends will always be adjusted as we get more data available
- The algorithm will regularly revise our understanding of market trends, and indicated market trends may change
- The data is presented in US$. The UOM of measure is shown in the Index list table
- Our automated software and we do our best to create an accurate representation of the trend
Where does the data NOT come from?
- We do not purchase data from any other source and republish it.
- We will not purchase data from any other source and republish it
- We do not extrapolate trends, even for the forecast. We look for other market signals and leading indicators
What data should our company use?
- If you are making decisions driving significant share of profit, we always recommend that you buy data from the companies who invest in direct primary market access such as ICIS, amongst many others
- Our data, at best, represents an estimate of the market trend based on public information
- We have no direct access to the market, and we do not interview suppliers and customers
- Our automated analysis tools in the online software are set up to combine our data with other sources of data
- We do not recommend that you use our data for direct price mechanisms, as we may change and improve the data trends over time, including historical data
What does the quality indication in the main menu mean?
- Quality level A: Data is from a reliable and confirmed source
- Quality level B: Data is from multiple credible sources and there are no major statistical inconsistencies between them
- Quality level C: Data is from multiple credible sources and there are some statistical inconsistencies between them
- Quality level D: Data is from a single credible source, but we cannot verify the data
- Quality level E: Data is either:
- From a single source, which we consider reliable, but we cannot verify the data.
- From 2 or more sources which have some periods of contradicting trends.
- Quality level F: Data is from a single source which we consider indicatively correct, but the data is anecdotal and we cannot verify the data.
What are the disclaimers?
- We assume no responsibility or liability for any errors or omissions in the content of this site.
- The information is provided on an “as is” basis with no guarantee of completeness, accuracy, usefulness, fitness for purpose or timeliness.
- By their nature, outlooks are always uncertain
How often do we update the data?
- We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
- The data for the current month and recent history are fine-tuned over time.
What are we doing to improve the data?
- We are continually improving our data collection and processing methods
- Pricing data will be updated from time to time as we improve the accuracy
- We are reviewing all data sources in the first half of 2024.
- There will be continuous fine-tuning of the trend and forecast algorithm as part of that.
- The key focus in 2024 is to add many additional indexes
How can i give feedback on the data or request for new indexes
- Feel free to contact us if you have a specific request. You can reach us via the Contact us page