This week, the price of acetic anhydride first fell and then rose

According to the Commodity Market Analysis System of Shengyishe, as of May 31st, the price of acetic anhydride was 5437.50 yuan/ton, a decrease of 1.58% compared to May 25th, when the price of acetic anhydride was 5525.00 yuan/ton. This week, the price of acetic acid fell first and then rose, with limited cost support for acetic anhydride; Acetic anhydride enterprises are operating steadily, with sufficient market supply. Downstream demand follows suit, but demand support is weak. Acetic anhydride manufacturers are actively shipping, and the price of acetic anhydride follows upstream trends, falling first and then rising.

Weak and volatile acetic acid market

According to the analysis system of the acetic acid market of Shengyishe, as of May 31st, the price of acetic acid was 3150 yuan/ton, a decrease of 1.56% from the price of 3200 yuan/ton on May 25th. At the beginning of the week, the inventory of enterprises continued to be high, and downstream demand was weak. The quotation for acetic acid continued to decline. In the later part of the week, some acetic acid factories shut down, and the inventory of enterprises decreased. The intention of manufacturers to increase prices increased, and the price of acetic acid increased accordingly, which was mainly bearish for the acetic anhydride market.

Future prospects

According to the acetic acid analyst of Business Society, in terms of raw materials, the acetic acid market has slightly increased, and manufacturers have a clear intention of increasing prices, which is supported by the cost of acetic anhydride; In terms of supply, the acetic anhydride market has sufficient supply of goods, and manufacturers have a strong shipping sentiment; Follow up downstream as needed, and the market trading atmosphere is still acceptable. In the future, the cost of acetic anhydride is favorable, and downstream demand is stable. It is expected that the acetic anhydride market will consolidate and rise in the later period, and specific attention will be paid to changes in the upstream market.