SunSirs: The Cost of Raw Materials Had Decreased, Leading to a Decline in the Price of Acetic Anhydride This Week

The price of acetic anhydride had dropped this week

According to the Commodity Market Analysis System of SunSirs, as of December 14th, the price of acetic anhydride was 6,025 RMB/ton, a decrease of 5.86% compared to the price of 6,400 RMB/ton on December 8th last weekend. The maintenance of acetic acid enterprises had ended, the supply of acetic acid had resumed, the price of acetic acid had decreased, and the cost of raw materials had decreased; Acetic anhydride enterprises had resumed production, coupled with limited transportation due to weather conditions, resulting in poor shipments. As a result, the price of acetic anhydride had dropped this week.

The price of acetic acid had dropped significantly this week

According to the analysis system of the acetic acid market in SunSirs, as of December 14th, the price of acetic acid was 3,300 RMB/ton, a significant decrease of 9.59% compared to the price of 3,650 RMB/ton on December 8th. Multiple acetic acid companies had completed maintenance, domestic acetic acid companies had resumed production, and the supply of acetic acid had increased. Due to the impact of snowfall, transportation in the northwest region had been hindered, making it difficult for acetic acid manufacturers to ship, resulting in a significant drop in acetic acid prices.

Market outlook

According to data analysts from SunSirs, the price of acetic acid had plummeted, leading to a decrease in the cost of acetic anhydride raw materials; Acetic anhydride enterprises resumed production, and the supply of acetic anhydride increased; Downstream demand was limited, and purchased mainly on demand; The situation of acetic anhydride oversupply continued. In the future, with a decrease in costs and an oversupply of acetic anhydride, it is expected that acetic anhydride will experience a volatile decline.

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