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SunSirs: Cost Increased, Acetic Anhydride Prices Stopped Falling and Rose This Week

July 11 2023 14:28:40     SunSirs (John)

Acetic anhydride prices stopped falling and rose this week

According to the Commodity Market Analysis System of SunSirs, as of July 10th, the price of acetic anhydride was 4,987.50 RMB/ton, an increase of 1.01% compared to the price of acetic anhydride on July 5th, which was 4,937.50 RMB/ton; The price of acetic anhydride decreased by 0.25% compared to 5,000 RMB/ton on July 1st. The price of raw material acetic acid increased, and the cost of acetic anhydride increased. In July, the price of acetic anhydride stopped falling and rose.

Acetic acid prices fluctuated and rose in July

According to the market analysis system of acetic acid products in SunSirs, as of July 10th, the price of acetic acid was 3,033.33 RMB/ton, an increase of 5.20% compared to the price of 2,883.33 RMB/ton on July 1st at the beginning of the month. Due to the troubleshooting of acetic acid manufacturers, the supply of acetic acid was decreased, the price of acetic acid increased, and the cost of acetic anhydride increased. In the future, the driving force for the rise of acetic anhydride increased.

Market outlook

Analysts from SunSirs’ Acetic Anhydride Data believe that due to equipment failures in acetic acid enterprises, the supply of acetic acid enterprises decreased. In July, the price of acetic acid surged, the cost of acetic anhydride increased, and the upward momentum of acetic anhydride increased. The cost of acetic anhydride has increased, and supply and demand are temporarily stable. It is expected that the price of acetic anhydride will fluctuate and rise in the future.

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

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