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Acetic anhydride News
SunSirs: Equipment Parked, and the Price of Acetic Anhydride Rose
January 24 2024 10:33:36SunSirs(John)

The price of acetic anhydride rose

According to the commodity market analysis system of the SunSirs, as of January 22, the price of acetic anhydride was 5,862.50 RMB/ton, an increase of 0.43% compared to January 15, which was 5,837.50 RMB/ton. Compared with the price of acetic anhydride on January 19 last weekend, which was 5,825 RMB/ton, an increase of 0.64%. The acetic anhydride equipment in Yankuang Lunan was shut down, the supply of acetic acid decreased, the operation of acetic anhydride enterprises was suspended, the supply of acetic anhydride enterprises was insufficient, and the price of acetic anhydride increased.

The price of acetic acid increased

According to the analysis system of the acetic acid market in SunSirs, as of January 22, the price of acetic acid was 3,250 RMB/ton, an increase of 1.56% compared to the price of 3,200 RMB/ton on January 15. Several acetic acid manufacturers in Ningxia, Shandong, and Hebei had experienced equipment shutdowns or load reductions, resulting in a tightening of acetic acid supply and an increase in acetic acid prices.

Market outlook

SunSirs’ Acetic Anhydride Data Analyst believes that the production of acetic acid enterprises had decreased, the supply of acetic acid had tightened, the price of acetic acid had increased, and the cost of acetic anhydride had increased. The acetic anhydride equipment in Yankuang Lunan had been shut down, resulting in a decrease in the supply of acetic anhydride. Overall, the supply of acetic anhydride was tight, costs were rising, and it is expected that the price of acetic anhydride will rise in the future.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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