Price trend

On February 20th, companies in the East China region quoted 5,750 RMB/ton, which was a consolidation compared to the previous trading day. Companies in the South China region quoted 5,800 RMB/ton, which was a consolidation compared to the previous trading day. Companies in the North China region quoted 5,600 RMB/ton, which was a weak adjustment compared to the previous trading day. The actual transaction price was based on real-time negotiated prices.

Analysis review

On February 20th, the domestic acetic anhydride market weakened and decreased. The domestic delivery price of acetic anhydride was 5,600-5,800 RMB/ton, which was lower than the previous trading day's quotation. The actual transaction price was discussed in detail. After the holiday, the price of acetic acid decreased weakly, the cost of acetic anhydride decreased weakly, the supply of acetic acid enterprises increased, and the procurement of acetic anhydride raw materials was mainly on demand. After the holiday, acetic anhydride manufacturers resumed operation, and the supply of acetic anhydride increased. Downstream customers had average purchasing enthusiasm, and the demand for acetic anhydride was average. The upward momentum of acetic anhydride weakened, and downward pressure still existed. The overall acetic anhydride market had declined.

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