Acetic anhydride prices rise again

The price of acetic anhydride stopped falling and rose again

According to the monitoring data of business society, the price of acetic anhydride plummeted in July. Since late July, affected by rainstorm and maintenance of acetic acid enterprises, the cost of acetic anhydride has increased and the price of acetic anhydride has risen again. As of August 12, the price of acetic anhydride was 10000.00 yuan / ton, up 2.83% from 9725.00 yuan / ton on August 1 at the beginning of the month.

Rising raw material costs

As can be seen from the price trend chart of acetic acid, the decline of acetic acid stopped and picked up in August, and the price of acetic acid rose slightly. In late July, affected by the rainstorm, the operation of acetic acid enterprises in Henan was basically normal, but the transportation was limited and the price of acetic acid increased; In August, many acetic acid enterprises entered the maintenance period, and at the same time, in response to the needs of epidemic prevention and control, as of August 12, the entrances and exits of 93 expressway toll stations in Nanjing, Huai’an, Yangzhou, Taizhou, Nantong, Suzhou, Xuzhou, Zhenjiang, Lianyungang and other regions of Jiangsu Province had been temporarily closed one-way or two-way. All regions in China have correspondingly strengthened transportation restrictions and management. Transportation restrictions and enterprise maintenance have a dual impact. The regional changes of acetic acid market are different, and the overall acetic acid price fluctuates and rises.

Market overview and future forecast

Bai Jiaxin, acetic anhydride data analyst of business society, believes that the limited transportation of acetic acid Market in August accumulated the impact of enterprise maintenance, the price of acetic acid fluctuated and rose, the cost of acetic anhydride rose again, and the price of acetic anhydride rose in response. Overall, the recent acetic acid market is strong, and the price of acetic anhydride is expected to rise. In the long run, with the increase of acetic acid enterprises, the price of acetic acid is expected to decline, and the cost of acetic anhydride is expected to decline. The high price acetic anhydride of downstream customers is more resistant, and the price of acetic anhydride is more bearish in the long run.

PVA