SunSirs: The Cost Decreased, and the Price of Acetic Anhydride Had Dropped Significantly This Week

Acetic anhydride prices dropped significantly this week

According to the Commodity Market Analysis System of SunSirs, as of June 20th, the price of acetic anhydride was 5,062.50 RMB/ton, a decrease of 3.11% compared to the price of acetic anhydride at 5,225 RMB/ton on June 11th last weekend; The price of acetic anhydride decreased by 6.03% compared to 5,387.50 RMB/ton on June 1st. Recently, acetic anhydride enterprises were operating normally, with sufficient supply of acetic anhydride. The price of raw material acetic acid decreased, the cost of acetic anhydride decreased, and the price of acetic anhydride fluctuated and fell.

Acetic acid prices fluctuated and fell this week

According to the market analysis system of acetic acid products in SunSirs, as of June 20th, the price of acetic acid was 2,933.33 RMB/ton, a decrease of 7.37% compared to the price of 3,166.67 RMB/ton on June 11th last weekend; Compared to 3,216.67 RMB/ton on June 1st, the price of acetic acid decreased by 8.81%. The price of acetic acid significantly decreased, the cost of acetic anhydride decreased, and the downward pressure on acetic anhydride will increase in the future.

Market outlook

Analysts from SunSirs Acetic Anhydride Data believe that acetic anhydride enterprises were operating normally, with sufficient supply of acetic anhydride and weak downstream demand. Acetic anhydride customers had poor purchasing enthusiasm, and there was still downward pressure on acetic anhydride; the price of acetic acid had significantly decreased, the cost of acetic anhydride had decreased, and the downward pressure on acetic anhydride had increased. Overall, the cost of acetic anhydride decreased and the supply was sufficient. 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.