Acetic Anhydride Prices, News and Demand | IMARC Group

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Aug 30, 2024
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The latest report by IMARC Group, titled “Acetic Anhydride Prices Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of the Acetic Anhydride Prices. This report delves into the Price of Acetic Anhydride globally, presenting a detailed analysis, along with an informative Price Chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to provide context and depth to the current pricing landscape. The report also explores the Demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecasting, making this price report an invaluable resource for industry stakeholders.


Acetic Anhydride Prices First Quarter 2024: 

  • China: 747 USD/MT

 

Report Offering: 

  • Monthly Updates: Annual Subscription
  • Quarterly Updates: Annual Subscription
  • Biannually Updates: Annual Subscription

 

The study delves into the factors affecting Acetic Anhydride price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

 

Request For a Sample Copy of the Report: https://www.imarcgroup.com/acetic-anhydride-pricing-report/requestsample

 

Key Details About the Acetic Anhydride Price Trend- First Quarter 2024


The acetic anhydride market in Q2 2024 has been significantly influenced by various regional dynamics, particularly in North America, the Asia-Pacific (APAC), and Europe. In North America, a decline in demand from key downstream sectors such as agrochemicals, surfactants, and pharmaceuticals, coupled with high inventory levels and additional supply from Europe and Asia, has led to a consistent drop in prices. The declining costs of raw materials like acetic acid have also contributed to lower production costs, further pressuring prices. In contrast, the European market has experienced an upward trend, driven by labor shortages in the pharmaceutical sector, increased demand, and geopolitical tensions affecting logistics. Meanwhile, in the APAC region, a combination of robust supply, weak demand, and reduced production costs has led to a notable decline in acetic anhydride prices, particularly in China. 

 

Factors Influencing Acetic Anhydride Prices in the – First Quarter 2024


In the North American

In Q2 2024, acetic anhydride prices in North America consistently declined due to reduced demand from downstream industries such as agrochemicals, surfactants, and pharmaceuticals. High inventory levels held by domestic producers, along with additional supply from Europe and Asia, further forced prices downward. The decline in raw material costs, particularly acetic acid, also contributed to reduced production costs, enabling price reductions. The overall bearish sentiment was reinforced by subdued industrial activity and seasonal slowdowns in agricultural sectors, leading to a weakening market and decreased prices compared to the previous quarter.

In the Asia Pacific region

The acetic anhydride market in the APAC region saw a significant price decline in Q2 2024, driven by robust supply and weak demand from downstream industries. High inventory levels and constrained shipments led manufacturers to reduce factory quotations to stimulate market engagement. Additionally, the diminished cost support from feedstock acetic acid, which remained weak, further pressured prices downward.       

In Europe

In Q2 2024, Europe experienced an upward trend in acetic anhydride prices, largely due to labor dearth in the pharmaceutical sector and heightened demand driven by innovation and strong exports. Stable methanol prices and geopolitical tensions affecting shipping routes contributed to increased freight costs, further driving prices upward. Belgium, in particular, saw significant price increases due to seasonal restocking activities and a gradual recovery in the market. 

 

Overall, Price Trend and Regional Prices Analysis:


  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
  • North America: United States and Canada
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
  • Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

 

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

 

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, benchmarking analyses, pricing and cost research, and procurement research.

 

Contact us:


IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

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