acetonitrile Pricing Assessment

Markets Covered:

China

United States

India

Brazil

Mexico

Taiwan

Acetonitrile Price Trend, Analysis and Forecast

In Q1 2024, USA acetonitrile prices fluctuated around a 1% decrease compared to Q4 2023, with major exporting countries from the USA to Mexico and Brazil affected by these changes. Similarly, in the APAC region, acetonitrile prices were down by around 4% compared to Q4 2023, with major exporting countries like China supplying to Mexico, Brazil, and India.

In Q2 2024, USA acetonitrile prices saw a slight increase of approximately 1% compared to Q1 2024. This rise was driven by the automotive industry, where the demand for acetonitrile surged due to its increased use in coatings, adhesives, and electric vehicle (EV) battery technologies. In the APAC region, prices rose notably by 6% compared to Q1 2024, driven by growing demand from the electronics industry, particularly for cleaning and solvent applications in semiconductor manufacturing. Additionally, ongoing supply chain issues, such as transportation delays and port congestion, contributed to higher prices.

In Q3 2024, USA acetonitrile prices are expected to continue experiencing upward pressure, with a further increase of 2-3% compared to Q2 2024. This will be driven by continued demand from the automotive industry, particularly for electric vehicles (EVs), as manufacturers focus on enhancing battery technologies and other chemical applications. In the APAC region, demand from the electronics industry will remain strong, especially for cleaning applications in semiconductor manufacturing. Specialty chemicals applications will also contribute to the increased consumption of acetonitrile.

In Q4 2024, fluctuations in raw material prices, such as methanol and natural gas, will continue to impact acetonitrile production costs in the USA, with any significant changes in these input prices potentially influencing acetonitrile pricing. Demand from the automotive sector will remain robust, particularly for EVs and advancements in battery technology. The pharmaceutical industry will also maintain steady demand for acetonitrile. In the APAC region, consistent demand from the pharmaceutical sector will support acetonitrile prices, although this may not lead to significant price increases. The electronics industry will continue requiring acetonitrile for various applications, including cleaning and solvent uses in semiconductor manufacturing. Any improvements in logistics and transportation may help alleviate some supply constraints, stabilizing prices.

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is your trusted resource for tracking global acetonitrile price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the acetonitrile market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence acetonitrile prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely acetonitrile market data.

Track 's acetonitrile price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in acetonitrile prices

Russia-Ukraine Conflict (2022): The conflict disrupted the supply of key raw materials used in the production of acetonitrile, particularly methanol and natural gas, which are sourced from or transported through affected regions. Increased shipping costs and logistical challenges due to port closures and sanctions have led to delays in the movement of goods. As a result of the disruptions, acetonitrile prices surged in 2022. The combination of increased raw material costs, transportation fees, and heightened demand contributed to this trend. Prices became more volatile, with sharp increases in response to market uncertainty and geopolitical developments.

Texas Winter Storm (2021): Severe cold weather led to the shutdown of several chemical plants in Texas, a major hub for acetonitrile production. These outages resulted in reduced output and immediate supply shortages. Natural gas and electricity shortages during the storm hampered the operations of chemical manufacturers, further affecting production capabilities.

COVID-19 Pandemic (2020): Lockdowns and restrictions led to temporary shutdowns of chemical manufacturing plants in various regions, including key producers of acetonitrile. Global shipping and transportation disruptions, including port closures and limited freight availability, hampered the movement of acetonitrile and raw materials. Early in the pandemic, prices for acetonitrile experienced a decline due to reduced demand from industries like automotive and non-essential manufacturing.

Geopolitical Tensions (2018-2019): The imposition of tariffs on various chemicals, including those used in acetonitrile production, led to increased costs for manufacturers and impacted pricing strategies. The combined effects of tariffs, supply chain disruptions, and rising raw material costs resulted in upward pressure on acetonitrile prices. Prices became more volatile as the market reacted to ongoing geopolitical developments, impacting both manufacturers and consumers.

Shale Gas Boom (2010s): As production costs decreased due to cheaper raw materials, the prices of acetonitrile stabilized or even declined during certain periods, benefiting consumers and industries relying on this solvent. The increase in domestic production capacity led to competitive pricing in the U.S. market, affecting global acetonitrile pricing dynamics.

Global Financial Crisis (2008-2009): As demand weakened, acetonitrile prices initially fell due to excess supply and reduced purchasing power among consumers. By late 2009, prices began to stabilize as the market adjusted to the new economic reality, although they remained lower than pre-crisis levels.

Hurricane Katrina (2005): Damage to transportation infrastructure, including roads and ports, disrupted logistics and the movement of acetonitrile and raw materials. The disruptions led to higher shipping costs and longer lead times for deliveries, impacting supply availability. The combination of reduced supply and ongoing demand from various sectors led to an immediate increase in acetonitrile prices following the hurricane. Prices experienced volatility as the market reacted to supply shortages and recovery efforts, leading to fluctuations based on news regarding production capabilities.

These events underscore the Acetonitrile market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Methodology and Specifications

acetonitrile Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Acetonitrile production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire Acetonitrile supply chain, from raw material availability (e.g., Ammonia) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Acetonitrile prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Acetonitrile production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., Agrochemicals, Pharmaceutical), to predict shifts in Acetonitrile demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global Acetonitrile production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming Acetonitrile production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including packaging, Agrochemicals, and Pharmaceutical. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Acetonitrile pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast Acetonitrile prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable Acetonitrile pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

41.05 g/mol

CAS No

75-05-8

HS Code

29269000

Molecular Formula

C₂H₃N

acetonitrile

Acetonitrile is a colorless, flammable liquid with a faint, sweet odor. It is primarily used as a solvent in chemical synthesis, pharmaceuticals, and electroplating. Feedstock for acetonitrile includes acetic acid and ammonia, or it can be derived from the by-products of propylene production. Acetonitrile is highly polar and miscible with water.

Packaging Type

Iso Tank

Grades Covered

Industrial Grade

Incoterms Used

FOB China, FOB USA, CIF Nhava seva (China), FOB KAOHSIUNG, CIF MANZANILLO (China), CIF Santos (USA), CIF Santos (China), CIF MANZANILLO (USA).

Synonym

Cyano Methane

Quotation Terms:

25-28 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Test Item	Result
Acetonitrile content %	99.97
Ammonia Content %	0.00031
Moisture %	0.02
Acidity (in Acetic acid) %	0.0027
Acetone Content %	0.0025
Hazen (pt-Co)	8

Applications

The main purpose of acetonitrile is as a solvent. For example, as a solvent for extracting butadiene, a solvent for synthetic fibers and a solvent for some special coatings. Used in the petroleum industry to remove tar, phenol and other solvents from petroleum hydrocarbons. In the oil industry, it is used as a solvent for extracting fatty acids from animal and vegetable oils, and as a reaction medium for the recrystallization of steroid drugs in medicine. When a polar solvent with a high dielectric constant is required, a binary azeotropic mixture of acetonitrile and water is often used. Acetonitrile is an intermediate of medicine (vitamin B1) and spices, and a raw material for the manufacture of s-triazine nitrogen fertilizer synergist. It is also used as a denaturant for alcohol. In addition, it can also be used to synthesize ethylamine, acetic acid, etc., and also have many uses in textile dyeing and electronics industry. Acetonitrile is also used as a mobile phase solvent in analytical equipment such as chromatography. Acetonitrile is used in the production of semiconductors and lithium-ion batteries, facilitating cleaning and solvent-based processes. Used in the purification of RNA and DNA, particularly in molecular biology applications. Acetonitrile is involved in the purification processes of proteins and peptides.

Disclaimer

Acetonitrile price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for acetonitrile. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors influence the price of acetonitrile? +

The price of acetonitrile is influenced by several key factors, including raw material costs, production capacity, global supply and demand dynamics, and geopolitical events. Fluctuations in the prices of feedstocks like methanol and natural gas can significantly affect acetonitrile pricing. Additionally, disruptions in supply chains due to natural disasters or geopolitical tensions can lead to price volatility. Keeping track of these factors is essential for effective procurement planning.

How can I manage price fluctuations in acetonitrile procurement? +

To manage price fluctuations in acetonitrile procurement, consider diversifying your supplier base to minimize risks associated with relying on a single source. Establish long-term contracts with fixed pricing when possible, to protect against market volatility. Regularly monitor market trends, including raw material costs and global supply dynamics, to anticipate price changes. Implementing effective inventory management strategies can also help buffer against sudden price increases.

What are the current market trends affecting acetonitrile pricing? +

Current market trends impacting acetonitrile pricing include rising demand from pharmaceutical and biotechnology sectors, increased focus on sustainable production practices, and potential supply chain disruptions from geopolitical tensions. The ongoing shift towards greener chemicals is also influencing the market, as producers invest in eco-friendly alternatives. Staying informed about these trends will enable procurement heads to make strategic decisions regarding sourcing and budgeting for acetonitrile.