Acetic Anhydride Price, Monitor, Market analysis & Demand
North America In Q4 2023, the North American Acetic Anhydride (AA) market displayed mixed dynamics. Initially stable, prices were supported by steady demand from certain sectors and consistent feedstock costs. Mid-quarter fluctuations arose from varying demand in pharmaceutical intermediates and reduced utilization in cellulose acetate, influenced by factors like shifting consumer preferences and decreased construction activity. Short-term supply disruptions and evolving trade dynamics, particularly from Asia, contributed to volatility. Towards the quarter's end, prices declined due to easing acetic acid costs, increasing inventory levels, and a competitive landscape among producers. Regional variations were observed, with stable to higher prices in the Gulf Coast, more volatility in the Northeast and Midwest, and slightly lower prices on the West Coast. Lower AA prices benefited downstream industries facing cost pressures, while mixed price movements likely impacted profitabilit...