Article -> Article Details
Title | Acetic Anhydride Prices, Trend & Forecast | IMARC Group |
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Category | Business --> Chemicals |
Meta Keywords | Acetic Anhydride Prices |
Owner | stephenthomas |
Description | |
Europe Acetic Anhydride Prices Movement Last Quarter: Acetic Anhydride Prices in Belgium: In the last quarter, the Acetic Anhydride Prices in Belgium reached 1,140 USD per metric ton. Prices experienced significant fluctuations, primarily driven by seasonal factors like restocking activities. Initially, prices rose as demand increased during the typical restocking period. However, despite this upward movement, prices saw a slight decline compared to the same period last year, reflecting a market correction after previous high levels. This adjustment indicates a stabilization following earlier price spikes, while still benefiting from consistent demand. Overall, the market demonstrated resilience, balancing seasonal demands and adjusting to more favorable conditions compared to previous peaks. APAC Acetic Anhydride Prices Movement Last Quarter: Acetic Anhydride Prices in China: In the last quarter, the price of acetic anhydride in China experienced a notable decline, settling at 715 USD per metric ton. This substantial price reduction was driven by a combination of demand-side weaknesses, excess supply, and favorable raw material cost trends, all of which exerted significant downward pressure on the market. A key factor in the decline was the reduced demand from pivotal downstream industries, including pharmaceuticals and construction. The pharmaceutical sector, a major consumer of acetic anhydride for drug production, saw a slowdown in activity, with weaker manufacturing rates impacting procurement levels. Similarly, the construction industry, another critical end-user, experienced subdued growth, limiting the demand for this vital chemical used in wood preservation and adhesives. High inventory levels in the domestic market further exacerbated the situation. Producers and suppliers grappled with excess stock, which created oversupply conditions and intensified price competition. To move this surplus, sellers were compelled to lower prices, resulting in a more pronounced market downturn. This glut of materials reflected not only reduced consumption but also challenges in aligning production schedules with fluctuating demand patterns, adding to the complexity of managing market dynamics.
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. By exploring the intricate relationship between supply and demand, the price report uncovers critical factors influencing current and future prices. Get Real-Time Prices of Acetic Anhydride: https://www.imarcgroup.com/acetic-anhydride-pricing-report About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research. Contact us: |