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SunSirs: Cost Increased, Acetic Anhydride Price Increased This Week

July 18 2023 10:50:29     SunSirs (John)

Acetic anhydride prices increased this week

According to the Commodity Market Analysis System of SunSirs, as of July 14th, the price of acetic anhydride was 5,187.50 RMB/ton, an increase of 4.53% compared to the price of 4,962.50 RMB/ton on July 7th last weekend; The price of acetic anhydride increased by 3.75% compared to 5,000 RMB/ton on July 1st. The price of raw material acetic acid increased, the cost of acetic anhydride increased, some acetic anhydride manufacturers had shut down or reduced production, the supply of acetic anhydride decreased, and the price of acetic anhydride fluctuated and increased.

Acetic acid prices fluctuated and rose this week

According to the market analysis system of acetic acid products in SunSirs, as of July 14th, the price of acetic acid was 3,150 RMB/ton, an increase of 6.18% compared to the price of 2,966.67 RMB/ton on July 7th last weekend; The price of acetic acid increased by 9.25% compared to 2,883.33 RMB/ton on July 1st. Some acetic acid enterprises had unplanned parking, resulting in a decrease in acetic acid supply, demand was stable. The price of acetic acid had significantly increased, and the cost of acetic anhydride had increased. The driving force for the rise of acetic anhydride in the future is increasing.

Market outlook

According to the acetic anhydride data analyst of SunSirs, in terms of cost, some acetic acid companies had unplanned parking, while the demand side was stable, resulting in an overall upward trend in the acetic acid market; In terms of construction, some acetic anhydride manufacturers had shut down or reduced production, resulting in a decrease in acetic anhydride supply. However, downstream construction was temporarily stable, and demand was stable, increasing the upward momentum of acetic anhydride. Overall, as the cost of acetic anhydride increased and the supply decreased, 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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