SunSirs: The Price of Acetic Anhydride Had Stabilized This Week
January 15 2024 14:55:37 SunSirs (John)
The price of acetic anhydride had stabilized this week
According to the Commodity Market Analysis System of SunSirs, as of January 12th, the price of acetic anhydride was 5,837.50 RMB/ton, which had stabilized compared to January 5th's price of 5,837.50 RMB/ton. Compared to January 1st's price of 5,912.50 RMB/ton, the price of acetic anhydride had decreased by 1.27%. After the holiday, the acetic anhydride market had declined, and this week's acetic anhydride market had stabilized. After New Year's Day, the number of acetic acid enterprises resumed production and increased. The supply of acetic acid and acetic anhydride enterprises resumed production, and the supply of acetic anhydride enterprises was sufficient. This week, the production of acetic acid and acetic anhydride enterprises remained stable, and the price of acetic anhydride stabilized after a decline.
The price of acetic acid had fallen
According to the analysis system of the acetic acid market in SunSirs, as of January 12th, the price of acetic acid was 3,200 RMB/ton, an increase of 1.59% compared to the price of acetic acid on January 5th, which was 3,150 RMB/ton; Compared to January 1st, the price of acetic acid at 3,200 RMB/ton initially decreased and then increased, and overall stabilized. This week, acetic acid manufacturers reduced their burden, tightened the supply of acetic acid, and increased the price of acetic acid.
Market outlook
According to Acetic Anhydride Data analysts from SunSirs, after the holiday, acetic acid companies resumed production, resulting in a decrease in acetic acid prices. However, some companies started operating at low loads, resulting in a tightening of acetic acid supply and a slight increase in acetic acid prices. Overall, the cost of acetic anhydride had stabilized. After the holiday, the production of acetic anhydride enterprises resumed, and the supply of acetic anhydride was sufficient. In the future, the supply of acetic anhydride will recover and the cost will remain stable, and it is expected that the price of acetic anhydride will fluctuate and stabilize.
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