Recently, the price of acetic anhydride has been running weakly
According to the Commodity Market Analysis System of Shengyi Society, as of January 28th, the price of acetic anhydride was 4590.00 yuan/ton, a decrease of 0.70% compared to the price of 4622.50 yuan/ton on January 21st. Recently (1.21-1.28), the price of acetic acid has been weakly declining, raw material prices have fallen, and the cost support for acetic anhydride has weakened. The supply side acetic anhydride maintenance equipment is recovering, and the market mentality is mainly wait-and-see. The purchasing sentiment under the demand side is not high, and the support for acetic anhydride is average. The market fundamentals are weak, and the price of acetic anhydride has been narrowly lowered.
The acetic acid market is declining
According to the Business Society Acetic Acid Commodity Market Analysis System, from January 21st to 28th, the price of acetic acid decreased from 2903.33 yuan/ton to 2873.33 yuan/ton, a decrease of 1.03%. The operating rate of the acetic acid plant has slightly increased, market supply has increased, downstream procurement is average, manufacturer inventory has increased, market sentiment is weak, acetic acid prices have decreased, and the cost side has had a negative impact on acetic anhydride.
Future prospects
The acetic acid analyst from Shengyi Society believes that the price of raw material acetic acid has fallen, the market mentality of acetic anhydride is not good, the inventory pressure of acetic anhydride on the supply side is still acceptable, the downstream demand is limited, and the fundamentals of acetic anhydride have weakened. It is expected that the acetic anhydride market will weaken and consolidate in the later stage, and specific attention will be paid to changes in the upstream market.