Recently, acetic anhydride prices were fluctuating

According to the business data analysis system of SunSirs, as of December 21st, the price of acetic anhydride was 4,162.50 RMB/ton, unchanged from the price of 4,162.50 RMB/ton on December 15th. Last week, acetic acid prices fluctuated, first rising and then falling, while the cost of acetic anhydride remained stable. Due to ongoing maintenance at some acetic anhydride production facilities, the market operating rate was not high. Prices continued to rise at the beginning of the week, but downstream demand fluctuated slightly, and some acetic anhydride manufacturers experienced average sales. Consequently, acetic anhydride prices saw a slight decrease later in the week.

The acetic acid market remained strong and stable

According to the SunSirs' acetic acid market analysis system, from December 15th to 21st, the price of acetic acid remained at 2,660 RMB/ton. The recovery of acetic acid production facilities after maintenance was slow, resulting in a relatively strong supply side. Manufacturers faced little inventory pressure, and their quotations remained firm and stable. Downstream demand was stable, and market trading activity was fair. The high price of acetic acid continued to provide positive support for acetic anhydride.

Market Outlook:

According to SunSirs' acetic acid analyst, the strong price trend of raw material acetic acid, coupled with a positive market sentiment for acetic anhydride, and limited supply pressure from manufacturers, had led to stable manufacturer pricing. With stable downstream operations, the fundamentals of the acetic anhydride market were well-supported. It is expected that the acetic anhydride market will remain stable in the near future, with close attention paid to changes in upstream market conditions.

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