Acetaldehyde Prices, News, Demand & Supply | ChemAnalyst
Throughout the fourth quarter of 2023, Acetaldehyde prices in the US market have undergone a bearish trend. The influence of cost pressures from Ethanol, a key feedstock, remained limited on Acetaldehyde as its prices remained subdued throughout the quarter. In terms of demand, inquiries from the preservative industry were lackluster, with few instances of new orders reported by market participants. Consumption of preservatives from the end-user food and beverages sector slowed down due to decreased demand during the null season, thereby exerting downward pressure on Acetaldehyde prices in the domestic market. Furthermore, macroeconomic challenges such as persistent inflationary pressure and high-interest rates further diminished the purchasing power of end-users. Similarly, demand from overseas markets weakened in recent months due to ongoing macroeconomic challenges restraining consumer spending. Additionally, US Acetaldehyde producers encountered difficulties in raising...