Latest Acetic Anhydride Prices: Price Trend & Forecast Data

Written by steph » Updated on: November 27th, 2024

Europe Acetic Anhydride Prices Movement Q2:

Acetic Anhydride Prices in Belgium:

In the fiscal year, the price of acetic anhydride in Belgium reached 1140 USD/MT for Q2. acetic anhydride prices experienced notable fluctuations in the last quarter, driven by seasonal factors such as restocking activities. Prices initially saw an increase as demand rose during the restocking period, typical of this time of year. However, despite the upward trend, there was a slight decline compared to the same period the previous year, reflecting a market correction after earlier high prices. This change indicates a stabilization from the previous price spikes while still benefiting from steady demand. Overall, the market showed resilience, balancing seasonal demands and adjusting to more favorable conditions compared to previous highs.

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APAC Acetic Anhydride Prices Movement Q2:

Acetic Anhydride Prices in China:

In Q2 2024, the price of acetic anhydride in China settled at 715 USD/MT, reflecting a notable decline in its market value. This price decrease was largely driven by weak demand from key industries such as pharmaceuticals and construction, which are some of the largest consumers of acetic anhydride. The slowdown in these sectors significantly impacted the overall demand for the product, leading to a reduction in market prices. The pharmaceutical industry, a crucial driver of acetic anhydride consumption, faced challenges due to fluctuating demand for various drugs and medicines. Similarly, the construction sector, which also utilizes acetic anhydride in certain applications, saw a drop in activity, exacerbating the weak demand scenario for the chemical.

Additionally, high inventory levels in the market further contributed to the downward pressure on prices. With an oversupply of acetic anhydride, suppliers faced difficulty in moving product, which added to the surplus and led to price reductions as producers sought to offload their excess stock. The result was a broad market decline, as the supply glut led to an imbalance in the supply-demand dynamics, pushing prices lower throughout the quarter.

The decline in raw material prices also played a pivotal role in reducing the cost of acetic anhydride. Key raw materials such as coal and methanol, which are essential for acetic anhydride production, saw a decrease in prices during the quarter. This reduction in input costs allowed producers to lower their selling prices, contributing further to the overall price decline. As a result, the cost of producing acetic anhydride decreased, which was passed on to the market, further reinforcing the downward trend in prices.

How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Acetic Anhydride Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Acetic Anhydride price trend, offering key insights into global Acetic Anhydride market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Acetic Anhydride demand, illustrating how consumer behaviors and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.

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