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Price Trend of Acetonitrile Across Various Regions:
- United States: 2,334 USD/MT
- Japan: 1,484 USD/MT
- Belgium: 1,597 USD/MT
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Global & Regional Factors Influencing Acetonitrile Price Trend by First Quarter 2024:
Acetonitrile Price Trend in North America:
The Acetonitrile Prices Chart shows prices in the North American region saw a steady increase during the first quarter of 2024, following an initial decline. This growth was fueled by strong demand, higher production costs, and increased freight charges. Japan saw notable price shifts, influenced by its position as a primary regional exporter. Although early-quarter prices dipped due to seasonal factors, export prices rose in response to international demand and elevated shipping expenses.
Acetonitrile Price Trend in Asia-Pacific (APAC):
The APAC acetonitrile price trend remained relatively stable, with a mild downward trend. Steady demand from pharmaceuticals and chemicals balanced the market, while economic shifts and currency fluctuations added some pressure. Belgium, in particular, experienced periodic price reductions, reflecting a regional trend with lower demand at the start of the quarter.
Acetonitrile Price Trend in Europe:
The first quarter of 2024 in Europe showed a combination of stability and challenges. Demand from the pharmaceutical sector kept prices steady, although supply chain issues, particularly in the Red Sea region, elevated transportation costs. Price drops occurred in Belgium due to high inventories, but by February, increased demand and currency shifts led to price rebounds. Local events, like protests in Antwerp disrupting shipments, further contributed to supply chain inefficiencies, keeping prices elevated overall.
Key Details About the Acetonitrile:
The acetonitrile market is experiencing growth due to rising demand in pharmaceuticals, agriculture, and laboratory analysis. In pharmaceuticals, acetonitrile serves as a solvent in producing active pharmaceutical ingredients (APIs) and is crucial for high-performance liquid chromatography (HPLC), aiding drug development and testing. The agricultural sector also drives demand as acetonitrile is used in synthesizing agrochemicals like pesticides and herbicides. Furthermore, its role in laboratory analysis, particularly in chromatography and spectroscopy, supports increasing applications in food safety, environmental monitoring, and pharmaceutical quality control.
Price Trend Overview and Detailed Regional Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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