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SunSirs: On August 2nd, the Domestic Market for Acetic Anhydride Rose

August 03 2023 10:32:22     SunSirs (John)

Price trend

On August 2, enterprises in East China quoted 5,200 RMB/ton, which was stable compared to that on the previous trading day. Enterprises in South China quoted 5,300 RMB/ton, which was was stable compared to that on the previous trading day. Enterprises in North China quoted 5,100 RMB/ton, which was stable compared to that on the previous trading day. The actual transaction price shall be based on the real-time negotiated price.

Analysis review

On August 2nd, the domestic acetic anhydride market fluctuated and stabilized. The delivery price for domestic acetic anhydride enterprises from the surrounding area was 5,100-5,300 RMB/ton, which was stable compared to the previous trading day's quotation. The actual transaction price was stable, and the actual transaction price was discussed in detail. The price of raw material acetic acid was stabilizing, the methanol market was fluctuating and rising, and the cost of acetic anhydride had increased. Some manufacturers of acetic anhydride had suspended operations, and the supply of acetic anhydride had decreased. Downstream customers mainly purchased on demand, and the demand for acetic anhydride had temporarily stabilized. The upward momentum of acetic anhydride had increased, and downward pressure still existed. The overall acetic anhydride market had risen.

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