Recently, the acetic acid market has ushered in a downward trend in prices. It brings a rare purchasing opportunity for enterprises and businesses with acetic acid demand.
From the current situation of the market, the acetic acid supply side device runs stably, and the previously repaired device resumes production, making the market supply sufficient and increasing the inventory pressure of enterprises. The demand side of the downstream industry performance is weak, mostly to consume inventory, procurement enthusiasm is not high, the acetic acid price support is weak. In this market pattern of oversupply, the price of acetic acid goes down.
For downstream enterprises, the price reduction of acetic acid means the reduction of production costs. Taking the production of acetic anhydride, ethyl acetate and other products as an example, acetic acid as the main raw material, its price reduction will directly reduce production costs, increase profit margins, and then improve the competitiveness of products in the market. Moreover, the current price reduction may only be phased, and the price may rise in the future as the market supply and demand relationship changes.
At the same time, considering the current market environment, if downstream demand cannot be effectively released in the short term, acetic acid prices may continue to remain weak. But market conditions can change rapidly, and prices are likely to rebound once the demand side improves. Therefore, for customers with acetic acid demand, it is now a good time to seize the order, both to reduce procurement costs, and to reserve raw materials in advance to prepare for subsequent production and operation.
In short, the acetic acid price reduction for the relevant enterprises to provide an excellent procurement opportunity, enterprises in demand should pay close attention to market dynamics, seize the opportunity, timely order, in order to obtain greater economic benefits.
Post time: Feb-10-2025