Acetic anhydride prices fluctuated and rose this week

Acetic anhydride prices fluctuated and rose this week

According to the Commodity Market Analysis System of the Business Society, as of November 15th, the price of acetic anhydride was 5762.50 yuan/ton, an increase of 1.54% compared to the fluctuating price of 5675 yuan/ton on November 7th. The price of raw materials has increased, and acetic anhydride enterprises are operating under capacity. This week, the price of acetic anhydride has fluctuated and increased.

The operating load of domestic acetic anhydride manufacturers has decreased. Last week, some of Yankuang’s acetic anhydride equipment briefly shut down. Overall, the inventory of acetic anhydride manufacturers is insufficient, and the supply of acetic anhydride in the spot market has decreased, increasing support for the rise of acetic anhydride.

Acetic acid prices have risen this week

According to the market analysis system of acetic acid products in the Business Society, as of November 15th, the price of acetic acid was 3150 yuan/ton, an increase of 1.61% compared to the price of 3100 yuan/ton on November 7th. Some acetic acid enterprises have lowered their equipment parking load, combined with low inventory levels from manufacturers, resulting in a decrease in acetic acid supply. However, downstream demand for acetic acid is flat, and customer procurement enthusiasm is poor. Acetic acid manufacturers have limited willingness to support prices, but the price of acetic acid has stabilized after rising. There is some support for the cost of acetic anhydride, and there is still momentum for the rise of acetic anhydride.

Future prospects

Analysts from Business Society’s acetic anhydride data believe that the support for the rise of acetic acid is limited, but there is currently no downward trend for acetic acid, and the cost support for acetic anhydride still exists; The operating load of acetic anhydride manufacturers has decreased, the supply of acetic anhydride has decreased, and the upward momentum of acetic anhydride has increased, leading to an increase in the price of acetic anhydride. Overall, cost support still exists, and the supply of acetic anhydride has decreased. It is expected that the price of acetic anhydride will fluctuate slightly in the future.