The cost of raw materials has decreased, and the price of acetic anhydride has dropped after the holiday

Acetic anhydride prices fluctuate and fall after the holiday

 

According to the Commodity Market Analysis System of the Business Society, as of October 8th, the price of acetic anhydride was 7352.50 yuan/ton, a decrease of 1.84% compared to the price of 7490 yuan/ton on October 1st. In late September, the price increase of acetic anhydride slowed down, and the price increase of acetic anhydride was sluggish. After the holiday, the price of acetic anhydride fell, the cost of acetic anhydride decreased, and the downward pressure on acetic anhydride increased. The price of acetic anhydride fluctuated and fell.

 

Acetic acid prices fluctuate and fall after the holiday

 

According to the market analysis system of acetic acid products in the Business Society, as of October 8th, the price of acetic acid was 4866.67 yuan/ton, a decrease of 1.35% compared to the price of 4933.33 yuan/ton on October 1st. In late September, acetic acid enterprises resumed operations, with an increase in acetic acid supply, while downstream procurement enthusiasm decreased. After the holiday, acetic acid prices fluctuated and fell, increasing pressure on acetic anhydride costs to decline.

 

Future prospects

 

Analysts from Business Society Acetic Anhydride Data believe that acetic acid manufacturers have resumed operations, increased acetic acid inventory, increased acetic acid supply, and a decrease in acetic acid prices and acetic anhydride costs after the holiday. In the future, downstream procurement enthusiasm is poor. As acetic acid companies resume operations, the price of acetic acid drops, the cost of acetic anhydride decreases, and the demand for cost reduction is weak. It is expected that the price of acetic anhydride will fluctuate and fall in the future.

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