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SunSirs: Acetic Acid Prices Rose Again and Acetic Anhydride Prices Took Off Again
April 08 2021 13:19:46SunSirs(John)

Price trend

According to the data monitoring of SunSirs, after nearly a month of decline in the market, the market for acetic anhydride rose again, and the price of acetic anhydride rose again on April 7. On April 7, the price of acetic anhydride was 9,533.33 RMB/ton, an increase of 1.96% compared to the price of acetic anhydride on April 1, which was 9,350.00 RMB/ton. The price of acetic anhydride took off again, and the increase in raw material prices was the main driving factor.

The price trend of acetic acid

From the acetic acid price chart, it can be seen that the price of acetic acid in April changed from the fluctuating downward trend in March, and the price of acetic acid rose sharply. The schedule for the start of Shunda's acetic acid equipment is difficult to determine. Nanjing BP's acetic acid equipment was unexpectedly shut down. The supply of acetic acid is expected to decrease and the price of acetic acid is expected to rise in the future. The price of acetic acid has risen, the cost of acetic anhydride has risen, and the upward momentum of acetic anhydride has increased.

Market outlook

According to the acetic anhydride data analyst of SunSirs, affected by the decline in the start of acetic acid enterprises, the price of acetic acid has stopped falling and rebounded, the price of acetic acid has risen again, and the cost of acetic anhydride has risen. The price of acetic anhydride ushered in the momentum of skyrocketing again, and the acetic anhydride market took off again. In terms of the market outlook, the cost of acetic anhydride remains high, and the downstream is dominated by rigid demand. The demand for acetic anhydride is relatively stable. As the cost of acetic anhydride rises, the price of acetic anhydride is bound to rise again. The market outlook for acetic anhydride rose.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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