SunSirs: On August 17, Acetic Anhydride Fluctuated and Fell
August 18 2022 09:54:31 SunSirs (John)
Price trend
According to the data monitoring of SunSirs, the price of acetic anhydride fell weakly on August 17, and the market of acetic anhydride fell. On August 17, the price of acetic anhydride was 5,866.67 RMB/ton, which was a decrease of 1.12% compared with the price of acetic anhydride of 5,933.33 RMB/ton on the previous trading day. The price of acetic anhydride in some acetic anhydride enterprises fell below 5,500 RMB/ton, and the overall acetic anhydride market fell weakly.
Analysis review
The price of acetic acid fell weakly, the price of methanol stabilized weakly, and the raw material cost of acetic anhydride fell weakly. The operation of acetic acid enterprises was stable at a low level, the supply of acetic acid was stable, and the cost of acetic anhydride decreased. The sales of acetic anhydride were poor, the downstream just needed to purchase, and the customer's purchase willingness was general, mainly wait-and-see. The downward pressure on acetic anhydride increased, and the upward momentum was weak.
Market outlook
The cost is falling, the demand is poor, the downward pressure on acetic anhydride is increasing, and the upward momentum is weak. It is expected that the price of acetic anhydride will decline weakly in the future.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
- 2024-04-10 SunSirs: On April 9th, the Domestic Market for Acetic Anhydride Remained Temporarily Stable
- 2024-03-29 SunSirs: Costs Rise Was Brief, and Acetic Anhydride Prices Widely Consolidated in March
- 2024-03-22 SunSirs: Acetic Anhydride Prices Had Fluctuated and Fallen This week
- 2024-03-13 SunSirs: Cost Supported, Inventory Was Low, and Acetic Anhydride Prices Rebounded
- 2024-03-06 SunSirs: On March 5th, the Domestic Market for Acetic Anhydride Stabilized
