Recently, the price of acetic anhydride has risen
| Gamma-PGA (gamma polyglutamic acid) |
According to the Business Society Commodity Market Analysis System, as of December 14, the price of acetic anhydride was 4,135 yuan per ton, up 2.61% from the 4,030 yuan per ton price on December 8. This week, acetic acid prices continued to rise, supported by strong cost pressures from acetic anhydride. On the supply side, some acetic anhydride production facilities were shut down for maintenance, leading to lower operating rates and reduced market supply. Downstream demand remained stable, with moderate support. Acetic anhydride manufacturers are optimistic, driving the price to rise stronger.
The acetic acid market continues to decline
According to the Acetic Acid Market Analysis System of Business Society, as of December 14, the price of acetic acid stood at 2,660 yuan per ton, up 1.40% from the 2,623.33 yuan per ton on December 8. The recovery of acetic acid production units under maintenance was slower than expected, resulting in limited market supply pressure. Manufacturers maintained low inventory levels, and there was strong sentiment for price support. Downstream demand remained stable, fostering a favorable trading atmosphere. The upward trend in acetic acid prices continued, positively impacting the acetic anhydride market.
Market Outlook
The acetic acid analyst at Business Society noted that the price trend of raw material acetic acid is relatively strong, with a positive market sentiment for acetic anhydride. On the supply side, the pressure on acetic anhydride market inventory has eased, and manufacturers are actively pushing for higher prices. Downstream production remains stable, and the fundamental outlook for acetic anhydride is generally favorable. It is expected that the acetic anhydride market will maintain firm performance in the near future, with specific attention to upstream market developments.
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