Acetic anhydride prices fluctuated and consolidated this week

According to the Commodity Market Analysis System of the Business Society, as of July 24th, the price of acetic anhydride was 5187.50 yuan/ton, which has stabilized compared to the fluctuation of 5187.50 yuan/ton on July 16th last weekend; The price of acetic anhydride increased by 3.75% compared to 5000 yuan/ton on July 1st. The price of raw material acetic acid has decreased, the cost of acetic anhydride has decreased, the production of acetic anhydride manufacturers has stabilized, the supply of acetic anhydride has stabilized, and the price of acetic anhydride has fluctuated and stabilized.

Acetic acid prices rose first and then fell this week

According to the market analysis system of acetic acid products in the Business Society, as of July 24th, the price of acetic acid was 3133.33 yuan/ton, a decrease of 2.08% compared to the 3200 yuan/ton price on July 16th last weekend; Compared to July 1st, the price of acetic acid increased by 8.67% to 2883.33 yuan/ton. Acetic acid enterprises have recovered, the supply of acetic acid has increased, and demand has stabilized. The price of acetic acid has first increased and then decreased, and the cost of acetic anhydride has decreased. In the future, the downward pressure on acetic anhydride will increase.

Future prospects

Analysts from the Business Society Acetic Anhydride Data believe that in terms of cost, acetic acid companies have resumed production, with a slight increase in acetic acid supply, while demand side production has remained stable, resulting in a decline in the overall acetic acid market; In terms of production, some acetic anhydride manufacturers have temporarily stabilized, and the supply of acetic anhydride is stabilizing. However, downstream production has temporarily stabilized, and demand is stable. There is still momentum for the rise of acetic anhydride. Overall, the cost of acetic anhydride has decreased and the supply is stabilizing. It is expected that the price of acetic anhydride will fluctuate and weaken in the future.