Recently, the price of acetic anhydride has fallen

According to the Commodity Market Analysis System of Business Society, as of April 30th, the price of acetic anhydride was 5625.00 yuan/ton, a decrease of 1.96% compared to the price of acetic anhydride on April 22nd, which was 5737.50 yuan/ton. Recently, the price of acetic acid has been continuously decreasing, and the cost support for acetic anhydride has weakened; Acetic anhydride enterprises have stable production, sufficient market supply, weak downstream demand, and mainly enter the market on demand. Acetic anhydride manufacturers have no pressure on inventory, and the price of acetic anhydride fluctuates narrowly.

Weak downturn in the acetic acid market

According to the analysis system of the acetic acid market of Shengyishe, as of April 30th, the price of acetic acid was 3250 yuan/ton, a decrease of 5.80% from the price of acetic acid on April 22nd, which was 3450 yuan/ton. The on-site acetic acid plant has been repaired and restored, with an increase in capacity utilization and an increase in market supply. Manufacturers are actively shipping, while downstream suppliers are generally stocking up before the holiday. The enthusiasm for entering the market for purchasing is weak, and market trading is poor. In order to promote the continuous reduction of acetic acid prices for shipping, actual transactions on the site are limited, and the acetic acid market is weak and downward, which has a negative impact on acetic anhydride.

Future prospects

According to the acetic acid analyst from Business Society, in terms of raw materials, the price of acetic acid has fallen, and the cost support for acetic anhydride has weakened; In terms of supply, the acetic anhydride market has sufficient supply of goods, and manufacturers have a clear shipping sentiment; Downstream follow-up is more on demand, and businesses have limited entry into the market for purchasing. In the future, the cost of acetic anhydride is expected to remain stable, with limited supplier support. It is expected that the acetic anhydride market will remain stable for the time being, and specific attention will be paid to changes in upstream prices.