Price trend

On December 7, the domestic acetic anhydride market declined. Domestic acetic anhydride enterprises quote 5,500-5,700 RMB/ton as delivery price around, which was lower than the quotation on the previous trading day, and the actual transaction price was lower. The actual transaction price was discussed in detail.

Analysis review

On December 7, the price of acetic anhydride offered by enterprises in East China was 5,600 RMB/ton, which was lower than that on the previous trading day. The price of acetic anhydride offered by enterprises in South China was 5,700 RMB/ton, which was lower than that on the previous trading day. The price of acetic anhydride offered by enterprises in North China was 5,500 RMB/ton, which was lower than that on the previous trading day. The actual transaction price was subject to the real-time negotiated price.

The price of raw acetic acid was adjusted by shock, the methanol market was adjusted by weakness, and the cost of acetic anhydride was adjusted by weakness. The starting of acetic anhydride manufacturers was basically normal. The acetic anhydride manufacturers removed the inventory and recovered. Downstream customers mainly purchased on demand, and the demand for acetic anhydride was poor. The upward momentum of acetic anhydride was weakened, and the downward pressure was increased.

Market outlook

Overall acetic anhydride market is weakly adjusted.

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