Acetic anhydride prices rebounded and rose this week
According to the Commodity Market Analysis System of SunSirs, as of May 12th, the price of acetic anhydride was 5,480 RMB/ton, rebounding from May 7th at 5,437.50 RMB/ton, an increase of 0.78%. The price of raw material acetic acid rebounded and increased, the upward momentum increased. This week, the price of acetic anhydride rebounded and increased.
Acetic acid prices stopped falling and rebounded
According to the market analysis system of acetic acid products in SunSirs, as of May 12th, the price of acetic acid was 3,300 RMB/ton, an increase of 2.06% compared to the price of 3,233.33 RMB/ton on May 1st; Compared to the price of acetic acid at 3,250 RMB/ton on May 7th, the price increased by 1.54%. Acetic acid enterprises had low inventory and insufficient supply, the acetic acid market stopped falling and rebounded. after the holiday. The price of acetic acid increased, and the upward momentum of acetic anhydride will increase in the future.
Market outlook
Analysts from SunSirs’Acetic Anhydride Data believe that acetic acid companies had low inventory and insufficient supply of acetic acid. After the holiday, the acetic acid market stopped falling and rebounded, the price of acetic acid fluctuated and rose, and the cost of acetic anhydride increased. The cost of acetic anhydride had increased, and the supply was temporarily stable. It is expected that the price of acetic anhydride will fluctuate and stabilize in the future.
