SunSirs: On October 19th, the Domestic Market for Acetic Anhydride Saw a Weak Decline
October 20 2023 10:26:18 SunSirs (John)
Price trend
On October 19th, enterprises in East China quoted 6,100 RMB/ton for acetic anhydride, a weak decline compared to the previous trading day. Enterprises in South China quoted 6,200 RMB/ton for acetic anhydride, a weak decline compared to the previous trading day. Enterprises in North China quoted 6,000 RMB/ton for acetic anhydride, a weak decline compared to the previous trading day. The actual transaction price was based on real-time negotiated prices.
Analysis review
On October 19th, the domestic acetic anhydride market fell weakly. The peripheral delivery price of domestic acetic anhydride was 6,000-6,200 RMB/ton, which was a weak decrease compared to the previous trading day's quotation. The actual transaction price was weak and declined. The actual transaction price was discussed in detail. The price of raw material acetic acid had fluctuated and fallen, while the methanol market had fluctuated and fallen. The cost of acetic anhydride had decreased. Acetic anhydride manufacturers started operations steadily, and the supply of acetic anhydride was sufficient. Downstream customers had average purchasing enthusiasm, and the demand for acetic anhydride was average. The upward momentum of acetic anhydride weakened, and the downward pressure had increased. The overall acetic anhydride market was weak and declining.
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