As of September 24th, the price of acetic anhydride was 7157.50 yuan/ton, an increase of 320 yuan/ton or 4.68% compared to the price of 6837.50 yuan/ton on September 17th.

Recently, the acetic anhydride market has been consolidating at a high level, and the Hualu plant on the supply side has resumed operation, resulting in an increase in market supply; Before the holiday, downstream stocking was smoothly followed up, and the trading atmosphere on site was still acceptable; The price of acetic acid on the raw material side continues to rise, and there is significant cost pressure on manufacturers, supporting the high and firm trend of acetic anhydride prices.
From September 17th to 24th, the price of acetic acid was raised from 4203 yuan/ton to 4603 yuan/ton, an increase of 9.52%. The price of raw material methanol fluctuates at a high level, and the cost support of acetic acid is strong. The inventory of acetic acid enterprises on the supply side is low, and the industry has a strong intention to raise prices. The focus of acetic acid negotiations continues to shift upward, and the acetic anhydride market is operating strongly under the cost drive.
Outlook for the coming period
Analysts believe that the price of raw material acetic acid is high, the cost support of acetic anhydride is strong, the supplier’s mentality is optimistic, downstream demand is stable, and the shipment volume of acetic anhydride is still acceptable. The market mentality of acetic anhydride before the holiday is optimistic, and it is expected that the acetic anhydride market will continue to operate at a high level in the short term. Specific attention should be paid to changes in the upstream market.