Acetic Acid Methodology

Acetic Acid

  • Company updates is one of our vital services at Global Chemical Price. We provide updates form some of the major companies of the country. We provide the pricing update by GNFC for Acetic acid. In case of any change in the price, immediate message alerts are sent to the subscribers after careful confirmation and verification from our industry sources.
  • For international prices our team regularly communicates with key participants in order to gain information about the international market.
  • Daily pricing is done on the bases of regular communication with key brokers and producers in the market and take their opening market price. Along with the prices the care is taken that their prices are valued on the transaction size.
  • Key participants to bid their prices. We make sure that all the entities submit the relevant documents to make the price assessment more relevant and appropriate.
  • Our team analyse these prices on several factors. Here market dimensions are studied well. Company rationale, traders documents, current market scenario, last week’s assessed prices, quantity details, order sizes, traded quantity, delivery information, order quantity are some of the key factors taken into consideration.
  • A comparative analysis is being carried out for all the prices. In the end, price which is more suitable and prompt is decided. Inference of this analysis is published in our market report as international price.
  • This assessed information is then published in our weekly report.
  • For CFR India, cost and freight is included. For FOB the prices does not include the shipping charges.
  • The import of in India is majorly from the following countries like Iran , Taiwan, Malaysia, China, Saudi Arabia, United Kingdom, Germany, Singapore.
  • The major ports for import in India are Kandla, Mundra and Bombay.

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