Acetic anhydride market rises sharply
As of August 25th, the price of acetic anhydride was 5395.00 yuan/ton, an increase of 182.50 yuan/ton or 3.50% compared to the price of 5212.50 yuan/ton on August 17th. Recently, the price of acetic anhydride has increased significantly, causing some manufacturers on the supply side to delay resuming production. The market supply is tight, and enterprise quotations are running steadily; Downstream market entry requires on-demand purchasing, and the trading atmosphere on site is still acceptable; The raw material side acetic acid continues to rise, with strong cost support and increased cost pressure on manufacturers, driving the upward trend of acetic anhydride prices.
Acetic acid market is rising strongly
From August 17th to 25th, the price of acetic acid was raised from 3076.67 yuan/ton to 3220.00 yuan/ton, an increase of 4.66%. The price of raw material methanol has risen, with favorable cost support. In some areas, acetic acid inventory is not high, and the mentality of industry players is strong. The focus of acetic acid negotiations continues to shift upwards, and the acetic anhydride market is rising in line with cost driven trends
Outlook for the future market
Analysts believe that the price of raw material acetic acid remains strong, and there is significant cost pressure on acetic anhydride enterprises. Manufacturers intend to push up prices, while downstream production remains stable. The supply of acetic anhydride is relatively tight, and there are many favorable market factors. It is expected that the acetic anhydride market will continue to operate strongly in the later stage, and specific attention will be paid to changes in the upstream market.
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