SunSirs: The Price of Raw Materials Stopped Falling, and the Price of Acetic Anhydride Stabilized after Falling This Week

Acetic anhydride prices stabilized after falling this week

According to the data monitoring of SunSirs, the price of acetic anhydride stabilized after falling this week. As of August 23, the price of acetic anhydride was 5,783.33 RMB/ton, down 6.72% from the 6,200 RMB/ton price of acetic anhydride on August 14 last weekend. The price of acetic acid rebounded slightly this week, the quotations of acetic anhydride companies were basically stable, and some quotations rose slightly. The overall acetic anhydride market stabilized after falling this week.

The price of raw material acetic acid rebounded slightly this week

It can be seen from the acetic acid price chart of SunSirs that the price of acetic acid rebounded slightly this week. As of August 23, the price of acetic acid was 3,027.50 RMB/ton, down from 3,212.50 RMB/ton on August 15 at the beginning of last week, a decrease of 5.76%; compared with the 2,975 RMB/ton price of acetic acid on August 20, an increase of 1.76%. Recently, Henan Shunda and Guangxi Huayi acetic acid equipment have been shut down for maintenance, the supply of acetic acid has decreased, the price of acetic acid has risen, the cost of acetic anhydride has risen, and the driving force for acetic anhydride to increase has increased.

Market outlook

The acetic anhydride data analyst of SunSirs believes that the recent demand for acetic anhydride is low, and the price of acetic anhydride continues to decline with the decline in raw material prices. The price of acetic acid rebounded and adjusted slightly this week, which had a certain positive stimulus for the price of acetic anhydride. Some manufacturers' quotations for acetic anhydride rose slightly. In general, the demand in the acetic acid industry chain is weak, the rise of acetic acid is insufficient, and the long-term sharp rise in the price of acetic acid is insufficient. In the future, the price of acetic acid is mainly stable, the cost of acetic anhydride is stable, and the demand is weak. It is expected that the price of acetic anhydride will be stable in the future.

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