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SunSirs: On December 13th, the Domestic Market for Acetic Anhydride Experienced a Decline

December 14 2023 13:58:35     SunSirs (John)

Price trend

On December 13th, companies in the East China region quoted 6,100 RMB/ton, a decrease from the previous trading day. Companies in the South China region quoted 6,200 RMB/ton, a decrease from the previous trading day. Companies in the North China region quoted 6,000 RMB/ton, a decrease from the previous trading day. The actual transaction price was based on the negotiated price in real time.

Analysis review

On December 13th, the domestic acetic anhydride market declined. The domestic delivery price of acetic anhydride was 6,000-6,150 RMB/ton, which was lower than the previous trading day's quotation. The actual transaction price was discussed in detail. The price of acetic acid had fallen, the cost of acetic anhydride had decreased, and the supply of acetic acid enterprises was insufficient. The procurement of raw materials for acetic anhydride was mainly in demand, and acetic anhydride manufacturers had started operating at low loads. The supply of acetic anhydride had decreased, and downstream customers had average purchasing enthusiasm. The demand for acetic anhydride was average, and the upward momentum of acetic anhydride had weakened. The downward pressure had increased. The overall acetic anhydride market had declined.

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