SunSirs: Raw Materials Stopped Falling, and Acetic Anhydride Prices Rebounded in November
November 10 2023 09:43:32     SunSirs (John)Acetic anhydride prices stopped falling and rebounded in November
According to the Commodity Market Analysis System of SunSirs, as of November 9th, the price of acetic anhydride was 5,700 RMB/ton, a fluctuating decrease of 1.08% compared to the price of 5,762.50 RMB/ton on November 1st. The prices of raw materials fell, and the price of acetic anhydride fluctuated and fell in November.
Acetic acid prices fell first and then stabilized in November
According to the market analysis system of acetic acid products in SunSirs, as of November 9th, the price of acetic acid was 3,100 RMB/ton, a decrease of 1.59% compared to the price of 3,150 RMB/ton on November 1st. In November, the price of acetic acid first fell and then stabilized, and this week, the price of acetic acid fluctuated and stabilized; Some acetic acid enterprises reduced their equipment parking and supply, resulting in a rebound in acetic acid prices in November. The cost of acetic anhydride increased, and the upward momentum for acetic anhydride increased.
Market outlook
Acetic Anhydride Data Analysts from SunSirs believe that in November, the equipment parking of acetic acid enterprises decreased, and the supply of acetic acid decreased. This week, the price of acetic acid rebounded, and the cost of acetic anhydride rose. The upward momentum of acetic anhydride increased; Downstream demand for acetic anhydride remained weak, with traders holding a wait-and-see attitude. Customers' purchasing enthusiasm was average, and manufacturers' shipments were hindered. There is still downward pressure on acetic anhydride. It is expected that the price of acetic anhydride will fluctuate and stabilize in the future.
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