Acetonitrile Prices Expected to Remain High Globally
Acetonitrile Prices Expected to Remain High Globally

Acetonitrile Prices Expected to Remain High Globally

  • 03-Mar-2025 4:30 PM
  • Journalist: Gabreilla Figueroa

The prices of acetonitrile, a critical solvent majorly used in the pharmaceutical, chemical, and other industries including those in the agrochemical sector, have recently seen fluctuating trends across the global market. While values witness some signs of stabilization at the beginning of   2025, market indicators suggest a potential recovery in the months ahead. Several factors, including supply chain dynamics, raw material costs, and industrial demand, continue to shape the outlook for acetonitrile pricing.

Key takeaways:

  • Strong international demand from the downstream pharmaceutical and chemical sector, particularly from neighboring regions and the Asia-European region, intensifies the supply of acetonitrile.
  • Earlier backlogs from the delayed shipments from the US market is contributing to a persistent price hike in acetonitrile as buyers scramble for the available stocks.
  • US market supply for acetonitrile further remained affected due to severe winter storms, further impacting the supply-demand dynamics.

Initially, with respect to the production side, the manufacturing of acetonitrile is intrinsically linked to its feedstock acetic acid market, any disruptions or changes in acetic acid output directly impact acetonitrile availability. Over the past few months, various downstream manufacturers have faced intermittent production slowdowns due to fluctuating demand and maintenance shutdowns at key production facilities. These interruptions have continued to contribute to a tightening supply condition, influencing price trends for both the feed material and downstream acetonitrile across major markets, supporting its price to remain on the northerly side.

Furthermore, global logistics challenges have also played a crucial role in shaping the acetonitrile market. Shipping delays, and port congestion, supported by improved freight costs earlier in the month of Feb. have created obstacles in the seamless movement of goods, particularly between Asia, Europe, and North America. These logistical concerns have added pressure on acetonitrile pricing, making it difficult for end-users to secure a stable supply at predictable costs. Also, the U.S. with respect to the supply side for various products including acetonitrile witnessed continued supply constraints following disruptions caused by a severe winter storm. As previously, the recent storm led to temporary port closures, halted the acetonitrile shipments, and created a backlog that is yet to be cleared. While, with the end of February also, continuing the upward trend in terms of demand side, as international buyers, particularly from Europe and Asia, scramble to secure supplies, demand-driven price increases are being observed at a persistent rate.  Furthermore, several ports, including Houston, New Orleans, and Mobile, have announced the resumption of operations in late February after this winter storm which is expected to support the upward trend in the export prices for acetonitrile as supply-demand conditions tend to improve, but delays and congestion could still impact the supply in the coming weeks.

As a result, various market analysts anticipate that the high price trend will persist in March and possibly beyond, as U.S. suppliers work through delayed shipments while maintaining domestic supply stability. At the same time, uncertainty over full port recovery and continued strong demand are expected to keep prices elevated. Also, the expected price rise in key raw materials combined with persistent industrial demand and ongoing supply chain constraints may continue to push acetonitrile prices higher in the forthcoming months. Stakeholders in the pharmaceutical and chemical industries should closely monitor market movements and plan procurement accordingly.

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