SunSirs: Supported by Rising Costs, Acetic Anhydride Prices Were Rising

Acetic anhydride prices fluctuated and rose this week

According to the Commodity Market Analysis System of SunSirs, as of August 14th, the price of acetic anhydride was 5,175 RMB/ton, an increase of 1.47% compared to the price of 5,100 RMB/ton on August 4th last weekend. The price of raw material acetic acid fluctuated and increased, the cost of acetic anhydride increased, the production of acetic anhydride manufacturers was low, the supply of acetic anhydride had contracted, and the price of acetic anhydride fluctuated and increased.

Acetic acid prices significantly increased this week

According to the market analysis system of acetic acid products in SunSirs, as of August 14th, the price of acetic acid was 3,383.33 RMB/ton, an increase of 7.41% compared to the price of 3,150 RMB/ton on August 4th last weekend. Acetic acid enterprises were operating steadily, the supply of acetic acid was tight. The price of acetic acid had significantly increased, and the cost of acetic anhydride increased. The future upward momentum of acetic anhydride 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, leading to a significant increase in the price of acetic acid; In terms of supply, the low starting rate of acetic anhydride manufacturers temporarily stabilized, and the supply of acetic anhydride had tightened. The upward momentum of acetic anhydride increased, while downstream demand was cold, and the support for the upward trend of acetic anhydride was limited. Overall, in the future, the cost of acetic anhydride will rise and supply will tighten, while demand for acetic anhydride will be cold. It is expected that the price of acetic anhydride will rise.

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