Episode 1045: Global weak acetic acid consumption, shutdowns cause some tightness in Asia
LONDON (ICIS)--Weak consumption and lengthy supply are putting downwards pressure on the European and US acetic acid markets.Though unplanned shutdowns have tightened the market in Asia - particularly in China - underwhelming demand is limiting longer term pressure on pricing.Europe report editor Nick Cleeve speaks to US editor Kevin Callahan and Asia-Pacific editor Josh Quah about global market conditions, upcoming new capacity and expectations for the coming months.