Acetylene price December 2024 and outlook (see chart below)
- North America:US$1.09/KG, unchanged
- Europe:US$1.7/KG, -0.6% down
- Northeast Asia:US$1.55/KG, unchanged
- Southeast Asia:US$1.56/KG, 2% up
- Middle East:US$1.22/KG, unchanged
- Africa:US$1.71/KG, -1.7% down
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Acetylene price index
This post is a summary of the acetylene price developments. The price developments of acetylene are expressed in US$ 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).
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