Key Highlights
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The market remained steady, with steady supply and cautious downstream demand.
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Buyers were taking a short-term approach, instead of focussed on speculation and stocking-up.
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Overall sentiment was neutral to, slightly, optimistic, supported by seasonal expectations.
The market for Acetic Anhydride in China was steady as the end of August and the beginning of September occurred on the steady upstream acetic acid fundamentals and the sluggish Acetic Anhydride downstream demand. While production was active above average and site inventory ample, the market sentiment was cautionary, and most buyers were focussing on the short term for any volume procured. With steady supply and limited demand supporting the steady pricing in the short-term, the market appears to reflect subtle changes with underlying aspects appearing to shift.
Production and Supply Updates
Operational Status: Producers continued running all Acetic Anhydride plants with high use rates and avoided significant...
