Acetic anhydride prices fluctuated and fell in November

According to the Commodity Market Analysis System of Shengyishe, as of November 27th, the price of acetic anhydride was 5662.50 yuan/ton, a fluctuating decrease of 4.03% compared to the price of 5900 yuan/ton as of October 31st last month. The prices of raw materials have fluctuated and fallen, and acetic anhydride enterprises have resumed production. In November, the prices of acetic anhydride have fluctuated and fallen.

In early November, the operating load of domestic acetic anhydride manufacturers decreased, and some of Yankuang’s acetic anhydride equipment briefly shut down. The inventory of acetic anhydride manufacturers was insufficient, and the supply of acetic anhydride spot market decreased. In late November, domestic acetic anhydride manufacturers resumed production of equipment, increasing the operating load of acetic anhydride equipment. The spot market supply of acetic anhydride was sufficient, but the inventory of acetic anhydride manufacturers remained low, and downward pressure on acetic anhydride remained.

Acetic acid prices fell first and then rose in November

According to the analysis system of the acetic acid commodity market in Shengyishe, as of November 27th, the price of acetic acid was 3175 yuan/ton, which decreased and then increased compared to the 3250 yuan/ton price on October 31st of last month, with a decrease of 2.31%. Some acetic acid enterprises have started production and stopped production of equipment, while Guangxi acetic acid enterprises have started operating at low loads. Anhui acetic acid enterprises have restarted their facilities, coupled with low inventory levels among manufacturers, resulting in a decrease in acetic acid supply. However, downstream demand for acetic acid is flat, and acetic acid manufacturers have limited willingness to raise prices. The price of acetic acid has first fallen and then risen, and the cost support for acetic anhydride is weak.

Statistics on the export volume of acetic anhydride in October

According to data released by the General Administration of Customs, the export volume of acetic anhydride in October was 724.5 tons, a year-on-year increase of 9.44%. The cumulative export volume of acetic anhydride from January to October was 11951.5 tons, a year-on-year decrease of 5.73%. The increase in exports of acetic anhydride and the expected increase in domestic demand for acetic anhydride are favorable for the acetic anhydride market.

Future prospects

According to analysts from Business Society Acetic Anhydride Data, some acetic acid companies shut down in November, resulting in a decrease in operating load and weak downstream demand. The supply and demand of acetic acid are both weak, and the price of acetic acid first fell and then rose. In the latter half of the year, some acetic acid companies restarted their facilities, and the supply of acetic acid resumed. The cost support for acetic anhydride still exists; After a brief shutdown of the acetic anhydride manufacturer’s operating load in November, the device restarted and the supply of acetic anhydride increased, resulting in significant downward pressure on acetic anhydride; The increase in exports has led to an increase in demand for acetic anhydride. In the future, cost support still exists, and the supply and demand of acetic anhydride have increased. It is expected that the price of acetic anhydride will fluctuate and consolidate in the future.