SunSirs: The Price of Acetic Acid Stopped Falling and Rose, and the Price of Acetic Anhydride Is Expected to Rise in the Future

Acetic anhydride prices fluctuated and rose this week

According to the Commodity Market Analysis System of SunSirs, as of August 4th, the price of acetic anhydride was 5,100 RMB/ton, an increase of 0.25% compared to the price of 5,087.50 RMB/ton on July 28th last weekend. The price of raw material acetic acid first fell and then rose, and the cost of acetic anhydride increased. The production of acetic anhydride manufacturers was low, and the supply of acetic anhydride contracted. The price of acetic anhydride fluctuated and increased.

Acetic acid prices stopped falling and rose this week

According to the market analysis system of acetic acid products in SunSirs, as of August 4th, the price of acetic acid was 3,150 RMB/ton, an increase of 1.61% compared to the price of 3,100 RMB/ton on July 28th last weekend. Acetic acid enterprises had resumed operations, but local supply was tight, local supply of acetic acid ws tight, and the price of acetic acid stopped falling and increased. The cost of acetic anhydride increased, and the upward momentum of acetic anhydride in the future increased.

Market outlook

Acetic Anhydride Data Analysts from SunSirs believe that in terms of cost, the supply of acetic acid was tight, and the price of acetic acid was approaching the cost line, causing the price of acetic acid to stop falling and rise; On the supply side, some acetic anhydride manufacturers had suspended operations, supply of acetic anhydride tightened, and had a strong upward momentum for acetic anhydride. However, downstream production demand was cold, and support for the rise of acetic anhydride was limited. Overall, the cost of acetic anhydride increased, and the supply was tightened. The upward momentum of acetic anhydride increased. It is expected that the price of acetic anhydride will rise in the future.

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