SunSirs: Recently, the Price of Acetic Anhydride Had Remained Stable
April 28 2024 11:12:19 SunSirs (John)
Recently, the price of acetic anhydride had remained stable
According to the Commodity Market Analysis System of SunSirs, as of April 24th, the price of acetic anhydride was 5,737.50 RMB/ton, which was unchanged from the price of acetic anhydride on April 17th, which was 5,737.50 RMB/ton, and slightly higher than the price of acetic anhydride on April 1st, which was 5487.50 RMB/ton, with an increase of 4.56%. Recently, the price of acetic acid has been at a high level, and the cost support for acetic anhydride is relatively strong; Acetic anhydride enterprises have stable production, sufficient market supply, stable downstream production, and follow up on demand when entering the market. Acetic anhydride manufacturers have no pressure on inventory, and the price of acetic anhydride remains stable at a high level.
The price of acetic acid was stable and decreased
According to the acetic acid market analysis system of SunSirs, as of April 24th, the price of acetic acid was 3,350 RMB/ton, a decrease of 2.90% from the price of acetic acid on April 17th, which was 3,450 RMB/ton; The price of acetic acid has increased by 8.06% compared to 3,100 RMB/ton on April 1st. The maintenance equipment of the acetic acid manufacturer ha, resumed normal operation, and the utilization rate of on-site production capacity had increased, resulting in a high overall operating rate. Downstream demand replenishment of acetic acid followed up, weakening the trading atmosphere in the market, increasing bearish sentiment in the acetic acid market, weakening the upward momentum of acetic anhydride costs, and continuing downward pressure.
Market outlook
According to the acetic acid analyst of SunSirs, in terms of raw materials, the price of acetic acid had fallen, and the cost support for acetic anhydride had decreased; In terms of supply, there wasa sufficient supply of acetic anhydride, and manufacturers had a clear shipping sentiment; On the downstream side, factories were gradually purchasing according to demand, and operators were mainly adopting a wait-and-see attitude. In the future, the cost of acetic anhydride will decrease, and the support from suppliers is limited. It is expected that the price of acetic anhydride will be adjusted downward in the short term, and specific attention will be paid to changes in upstream prices.
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