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SunSirs: Views on the Trend of Acetic Anhydride on May 5

May 06 2022 09:52:45     SunSirs (John)

Price trend

According to the data monitoring of SunSirs, the price of acetic anhydride rebounded and rose on May 5, and the market of acetic anhydride rose. On May 5, the price of acetic anhydride was 7,550.00 RMB/ton, an increase of 1.51% compared with the price of 7,437.50 RMB/ton on the previous trading day. The price of acetic anhydride rebounded, and the overall acetic anhydride market recovered.

Analysis review

The price of acetic acid rebounded and rose, the price of methanol fluctuated and the cost of raw materials for acetic anhydride rose, some acetic acid enterprises started stable operation, the supply of acetic acid was stable, and the cost of acetic anhydride rose.

The sales of acetic anhydride were general, the downstream just needed to purchase, the customer's willingness to purchase was general, and the wait-and-see was the main, and the downward pressure of acetic anhydride had weakened and the upward momentum had increased.

Market outlook

Costs are rising, demand is stable, the downward pressure on acetic anhydride is weakened, and the upward momentum is increasing. It is expected that the price of acetic anhydride will fluctuate and rise in the future.

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