Cost supported and low inventory, acetic anhydride prices stopped falling and rebounded

Acetic anhydride prices have stopped falling and rebounded this week

 

Thiourea

According to the commodity market analysis system of Business Society, as of March 22, the price of acetic anhydride was 5362.50 yuan/ton, which is stable compared to the price of acetic anhydride on March 1, which was 5362.50 yuan/ton; Compared to last weekend’s March 10th, the price of acetic anhydride increased by 0.70% to 5325 yuan/ton. The price of acetic acid has stopped falling and rebounded, with a slight increase in transaction volume and an increase in the cost of acetic anhydride; This week, the production of acetic anhydride enterprises has been stable, the supply of acetic anhydride is sufficient, the inventory of acetic anhydride manufacturers is low, and downstream rigid demand is the main. The price of acetic anhydride has stopped falling and rebounded this week.

 

Acetic acid prices have stopped falling and rebounded this week

 

According to the analysis system of the acetic acid commodity market in Shengyishe, as of March 11th, the price of acetic acid was 3050 yuan/ton, a decrease of 1.61% from the price of 3100 yuan/ton on March 1st. The acetic acid manufacturer is operating steadily and the overall production is at a high level. The downstream production of acetic acid is stable, with high market supply and demand, and transactions remain in high demand. The acetic acid market has entered a rebound stage, and industry players have a bullish attitude. The cost increase of acetic anhydride provides greater support.

 

Future prospects

 

According to analysts from Business Society Acetic Anhydride Data, in terms of raw materials, the price of acetic acid is showing a rebound trend, and the cost support for acetic anhydride is increasing; In terms of supply, acetic anhydride manufacturers have low inventory, which has a certain positive effect on the supply of acetic anhydride; In terms of demand, there is currently no significant positive trend in downstream demand. Overall, the cost of acetic anhydride has increased, resulting in weak demand and low supply; The upward momentum of acetic anhydride is increasing, and it is expected that the price of acetic anhydride will rebound and rise in the future.

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