After the year, the price of acetic anhydride will decrease
According to the Commodity Market Analysis System of Shengyishe, as of January 3rd, the price of acetic anhydride was 5862.50 yuan/ton, a decrease of 0.85% compared to the price of 5912.50 yuan/ton on December 29th before the year, and the acetic anhydride market will decline after the year. After the New Year’s Day holiday, acetic acid enterprises resumed production and increased production. The supply of acetic acid resumed, and acetic anhydride enterprises resumed production. The supply of acetic anhydride enterprises was sufficient, and the price of acetic anhydride decreased after the year.
Enterprise resumption of construction
The load of acetic acid plants in Tianjin has increased, leading to an increase in acetic acid supply. The equipment of acetic anhydride manufacturers in Shandong region has resumed operation, and the supply of acetic anhydride is sufficient.
The price of acetic acid has fallen
According to the analysis system of the acetic acid market in Shengyishe, as of January 3rd, the price of acetic acid was 3150 yuan/ton, a decrease of 3.08% compared to December 25th, when the price of acetic acid was 3250 yuan/ton. The load of acetic acid enterprises in Tianjin has increased, leading to high production rates and high inventory levels among downstream customers. Downstream demand for procurement has increased, while downstream customers are mainly wait-and-see, resulting in a decline in acetic acid prices.
Future prospects
According to analysts from Business Society Acetic Anhydride Data, after New Year’s Day, the operating load of acetic acid enterprises has increased, the price of acetic acid has decreased, and the cost of acetic anhydride has decreased. After the holiday, the production of acetic anhydride enterprises resumed, and the supply of acetic anhydride was sufficient. In the future, after the holiday, enterprises will resume production of acetic anhydride equipment, and it is expected that the price of acetic anhydride will fluctuate and fall.
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