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SunSirs: Supply Exceeded Demand, Costs Decreased, and Acetic Anhydride Prices Fluctuated and Fell

June 07 2023 14:24:24     SunSirs (John)

Acetic anhydride prices fluctuated and fell

According to the Commodity Market Analysis System of SunSirs, as of June 6th, the price of acetic anhydride was 5,212.50 RMB/ton, a decrease of 3.25% compared to the price of 5,387.50 RMB/ton on June 1st at the beginning of the month; The price of acetic anhydride decreased by 4.58% compared to 5,462.50 RMB/ton on May 28th. Recently, acetic anhydride enterprises were operating normally, with sufficient supply of acetic anhydride. The price of raw material acetic acid fluctuated and decreased, the cost of acetic anhydride decreased, and the price of acetic anhydride fluctuated and decreased.

Acetic acid prices fluctuated and fell

According to the market analysis system of acetic acid products in SunSirs, as of June 6th, the price of acetic acid was 3,166.67 RMB/ton, a decrease of 1.55% compared to June 1st, which was 3,216.67 RMB/ton; Compared to 3,250 RMB/ton on May 28th, the price of acetic acid decreased by 2.56%. The acetic acid market had fallen, the price of acetic acid had fluctuated and fallen, and the cost of acetic anhydride had decreased. The pressure on acetic anhydride to decline in the future increased.

Market outlook

SunSirs Acetic Anhydride Data Analyst believes that acetic anhydride enterprises were operating normally, with sufficient supply of acetic anhydride. downstream demand was weak, purchasing enthusiasm of acetic anhydride customers was poor, and acetic anhydride was oversupply; Under the fluctuation of acetic acid prices, the cost of acetic anhydride had decreased, and the downward pressure on acetic anhydride had increased. Overall, the cost of acetic anhydride had decreased, and supply had exceeded demand. It is expected that the price of acetic anhydride will fluctuate and fall in the future.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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