SunSirs: On January 10th, the Domestic Market for Acetic Anhydride Stabilized
January 11 2024 13:44:11 SunSirs (John)
Price trend
On January 10th, enterprises in East China quoted 5,750 RMB/ton, which was temporarily stable compared to the previous trading day. Enterprises in South China quoted 5,800 RMB/ton, which was temporarily stable compared to the previous trading day. Enterprises in North China quoted 5,700 RMB/ton, which was temporarily stable compared to the previous trading day. The actual transaction price was subject to real-time negotiation price.
Analysis review
On January 10th, the domestic acetic anhydride market remained temporarily stable. The domestic delivery price for acetic anhydride was 5,700-5,800 RMB/ton, which was stable compared to the previous trading day. The actual transaction price was discussed in detail. The price of acetic acid was fluctuating and stabilizing, the cost of acetic anhydride was stabilizing, and the supply of acetic acid enterprises was insufficient. The procurement of raw materials for acetic anhydride was mainly on demand, and acetic anhydride manufacturers were operating at a low level. The supply of acetic anhydride was temporarily stable, and downstream customers had average purchasing enthusiasm. The demand for acetic anhydride was average, and the upward momentum for acetic anhydride was weakened, while downward pressure still existed.
Market outlook
Overall, the market for acetic anhydride is stabilizing.
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