The price of acetic anhydride had significantly increased this week

According to the Commodity Market Analysis System of SunSirs, as of December 4th, the price of acetic anhydride was 6,075 RMB/ton, a significant increase of 7.28% compared to the price of 5,662.50 RMB/ton on November 27th. The continuous failures of acetic acid enterprises led to a decrease in acetic acid supply and a significant increase in acetic acid prices; The price of raw materials had increased, making it difficult for acetic anhydride enterprises to purchase raw materials. The operating load of acetic anhydride enterprises had decreased, and the price of acetic anhydride had increased significantly this week.

The price of acetic acid had significantly increased this week

According to the analysis system of the acetic acid market in SunSirs, as of December 4th, the price of acetic acid was 3,650 RMB/ton, a significant increase of 14.6% compared to the price of 3,175 RMB/ton on November 27th. Some acetic acid companies stopped production of equipment. Several major acetic acid companies, such as Guangxi Huayi Acetic Acid, Anhui Huayi Acetic Acid, and Shandong Hualu Hengsheng, had experienced frequent malfunctions. Acetic acid companies had reduced their operating costs, coupled with low inventory levels among manufacturers. As a result, the supply of acetic acid had decreased, downstream demand for acetic acid had stabilized, and acetic acid manufacturers had a strong willingness to raise prices, leading to a significant increase in acetic acid prices.

Market outlook

SunSirs’ Acetic Anhydride Data Analyst believes that acetic acid companies operated at low loads, resulting in a decrease in acetic acid supply, an increase in acetic acid prices, and an increase in the cost of acetic anhydride; The supply of acetic acid had decreased, and acetic anhydride enterprises were purchasing raw materials at high prices. The operating load of acetic anhydride enterprises had decreased, and the production of acetic anhydride had decreased. Acetic anhydride enterprises had a strong willingness to rise. Cost supported, coupled with a decline in the production of acetic anhydride enterprises, is expected to lead to an increase in the price of acetic anhydride in the future.

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