The price of acetic anhydride rose first and then fell in April

The price of acetic anhydride rose first and then fell in April

According to the Commodity Market Analysis System of Business Society, as of April 30th, the price of acetic anhydride was 5625.00 yuan/ton, an increase of 2.51% compared to the price of acetic anhydride on April 1st, which was 5787.50 yuan/ton.

In April, the acetic anhydride market first rose and then fell, with upstream acetic acid prices rising and then falling. The cost advantage of acetic anhydride is limited; Acetic anhydride enterprises have stable production, sufficient market supply, weak downstream demand, and follow up on demand when entering the market. Acetic anhydride manufacturers have no pressure on inventory, and the price of acetic anhydride fluctuates with the upstream market.

The acetic acid market rose first and then fell in April

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, an increase of 4.84% compared to the price of acetic acid on April 1st, which was 3250 yuan/ton. In the first half of the year, the acetic acid market was relatively strong and prices continued to rise, mainly due to the shutdown and concentrated load reduction of some domestic acetic acid plants, resulting in a significant decrease in the utilization rate of on-site production capacity. At the same time, downstream replenishment was active, and the market trading atmosphere was good. Under the situation of supply shortage, the price of acetic acid continued to rise; In the latter half of the year, with the resumption of on-site acetic acid plant maintenance, the utilization rate of production capacity has increased, the market supply has increased, and downstream follow-up has weakened. Pre holiday stocking is average, and the market trading atmosphere is weak. In order to promote the continuous reduction of acetic acid prices for shipment, 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 demand is poor, and businesses have limited entry into the market for purchasing. In the future, the cost of acetic anhydride will remain stable, with limited supplier support. The market for acetic anhydride will remain stable for the time being, and specific attention will be paid to changes in upstream prices.