SunSirs: On October 10th, the Domestic Market for Acetic Anhydride Declined
October 11 2023 10:35:21 SunSirs (John)
Price trend
On October 10th, enterprises in East China quoted 7,200 RMB/ton, which was weaker and more stable compared to the previous trading day. Enterprises in South China quoted 7,300 RMB/ton, which was weaker and more stable compared to the previous trading day. Enterprises in North China quoted 7,100 RMB/ton, which was weaker and more stable compared to the previous trading day. The actual transaction price was based on real-time negotiated prices.
Analysis review
On October 10th, the domestic acetic anhydride market underwent a weaker adjustment. The surrounding delivery price of domestic acetic anhydride was 7,100-7,300 RMB/ton, which was lower than the previous trading day's quotation. The actual transaction price had decreased, and 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 consolidated. The cost of acetic anhydride had decreased, and acetic anhydride manufacturers were operating steadily. The supply of acetic anhydride was tight, 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 still existed. The overall acetic anhydride market was weaker and adjusted.
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