ChemAnalyst Market Research Report

  North America Throughout the entire fourth quarter of 2023, Acetonitrile prices in the North American region followed a positive market trajectory, experiencing a slight decline in October. Initially, this decline was influenced by a notable reduction in downstream inquiries from industries such as pharmaceuticals and chemicals, reflecting weakened purchasing activity for Acetonitrile. Moreover, the decrease in Acetonitrile prices in October was further attributed to a significant drop in the cost of raw materials, particularly Acetic Acid. Despite the dip in demand, the supply side remained robust, ensuring sufficient availability of both downstream and upstream materials within the domestic downstream industry. This trend aligned with the trajectory observed in the previous month. Additionally, the manufacturing Purchasing Managers' Index (PMI) dropped from 49.0 in September to 46.7 last month, indicating an overall decrease in manufacturing activity. As mid-Q4 approached in No...

  North America Throughout the entire fourth quarter of 2023, Acetonitrile prices in the North American region followed a positive market trajectory, experiencing a slight decline in October. Initially, this decline was influenced by a notable reduction in downstream inquiries from industries such as pharmaceuticals and chemicals, reflecting weakened purchasing activity for Acetonitrile. Moreover, the decrease in Acetonitrile prices in October was further attributed to a significant drop in the cost of raw materials, particularly Acetic Acid. Despite the dip in demand, the supply side remained robust, ensuring sufficient availability of both downstream and upstream materials within the domestic downstream industry. This trend aligned with the trajectory observed in the previous month. Additionally, the manufacturing Purchasing Managers' Index (PMI) dropped from 49.0 in September to 46.7 last month, indicating an overall decrease in manufacturing activity. As mid-Q4 approached in No...