April 24 News — On April 24, the acetic anhydride market showed a weakening trend, with raw material prices declining and market sentiment turning bearish. In the Shandong region, the price of acetic anhydride was lowered by 150 RMB/ton, with the mainstream price ranging from 5,700 to 5,900 RMB/ton, subject to negotiation for actual transactions.
According to Chempricehub’s analysis of acetic anhydride, the bullish-bearish rating stands at -2. The report indicates a downward trend in the acetic anhydride market, with falling raw material prices leading to reduced production costs and a bearish market atmosphere. In Shandong, prices have dropped by 150 RMB/ton to the 5,700–5,900 RMB/ton range. This reflects either oversupply or weak demand, posing a significant bearish impact on spot prices of acetic anhydride. Prices are expected to continue facing downward pressure in the near term.
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