Acetic anhydride prices continue to rise this week

According to the Commodity Market Analysis System of the Business Society, as of August 18th, the price of acetic anhydride was 5670 yuan/ton, an increase of 11.45% compared to the fluctuating price of 5087.50 yuan/ton on August 11th last weekend. The price of raw material acetic acid continues to rise, the cost of acetic anhydride increases, the production of acetic anhydride manufacturers is low, the supply of acetic anhydride is tight, the raw material acetic acid continues to rise, and downstream acetic anhydride prices continue to rise.

Acetic acid prices continue to skyrocket this week

 
According to the market analysis system of acetic acid products in the Business Society, as of August 18th, the price of acetic acid was 3816.67 yuan/ton, an increase of 15.08% compared to the price of 3316.67 yuan/ton on August 11th last weekend. Acetic acid enterprises are operating at a low level, with a tight supply of acetic acid and a tight supply of acetic acid. Acetic acid manufacturers have a strong willingness to raise prices, resulting in a sharp increase in acetic acid prices; The cost of acetic anhydride has increased, and the upward momentum of acetic anhydride has increased. Recently, the price of acetic acid has continued to rise sharply, but downstream demand has not improved. Downstream customers have increased resistance to high priced acetic acid, and the upward space for acetic acid is limited.

Future prospects

Analysts from Business Society’s acetic anhydride data believe that in terms of cost, the price of acetic acid has skyrocketed; In terms of supply, acetic anhydride manufacturers are operating at a low level, and the supply of acetic anhydride is tightening. The upward momentum of acetic anhydride is increasing, while downstream demand is cold, and the support for the rise of acetic anhydride is limited. Overall, the upward space for acetic acid is limited, and the cost support for acetic anhydride is difficult to sustain. The supply of acetic anhydride is tight, and the demand is cold. It is expected that the price of acetic anhydride will stabilize after rising.