Acetic anhydride prices fluctuated and fell this week
According to the Commodity Market Analysis System of the Business Society, as of November 23, the price of acetic anhydride was 5700 yuan/ton, a fluctuating decrease of 1.08% compared to the price of 5762.50 yuan/ton on November 16. Insufficient support for raw material prices has led to the resumption of production by acetic anhydride enterprises, and the price of acetic anhydride has fluctuated and fallen this week.
The equipment operating load of domestic acetic anhydride manufacturers has increased, and the overall inventory of acetic anhydride manufacturers remains low. The spot market supply of acetic anhydride is sufficient, and there is still downward pressure on acetic anhydride.
Acetic acid prices rebounded and rose this week
According to the market analysis system of acetic acid products in the Business Society, as of November 23, the price of acetic acid was 3175 yuan/ton, a slight increase of 0.79% compared to the price of 3150 yuan/ton on November 16. Some acetic acid enterprises have started or stopped production of equipment, while Guangxi acetic acid enterprises have started at low loads. Anhui acetic acid enterprises have shut down due to malfunctions, coupled with low inventory levels among manufacturers, resulting in a decrease in acetic acid supply and an increase in acetic acid prices. However, cost support for acetic anhydride still exists.
Future prospects
Analysts from Business Society’s Acetic Anhydride Data believe that the supply of acetic acid has decreased, the price of acetic acid has increased, and the cost support for acetic anhydride has increased; The operating load of acetic anhydride manufacturers has rebounded, and the supply of acetic anhydride has increased, resulting in significant downward pressure on acetic anhydride. In the future, with increased cost support and sufficient supply of acetic anhydride, it is expected that the price of acetic anhydride will fluctuate and rise in the future.
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