The price of acetic anhydride stopped falling and rebounded
According to the Commodity Market Analysis System of SunSirs, as of April 20, the price of acetic anhydride was 5,450 RMB/ton, a decrease of 0.23% compared to the price of 5,462.50 RMB/ton on April 13; Compared to the fluctuating price of 5,462.50 RMB/ton on April 1st, the price of acetic anhydride decreased by 0.23%. The price of raw material acetic acid fluctuated and increased, leading to increased cost support. This week, the price of acetic anhydride stopped falling and rose.
Acetic acid prices fluctuated and rose this week
According to the market analysis system of acetic acid products in SunSirs, as of April 20th, the price of acetic acid was 3,300 RMB/ton, an increase of 2.59% compared to the price of 3,216.67 RMB/ton on April 13th; Compared to the price of 3,283.33 RMB/ton on April 1st, the price of acetic acid fluctuated and increased by 0.51%. Acetic acid prices fluctuated and rose this week. The operating rate of acetic acid enterprises was low, and the supply of acetic acid was insufficient. The price of acetic acid had increased, providing significant support, and the upward momentum for acetic anhydride will increase in the future.
Methanol prices fluctuated and rose this week
According to the methanol commodity market analysis system of SunSirs, as of April 14, the methanol price was 2,480 RMB/ton, an increase of 3.17% compared to the methanol price of 2,471.67 RMB/ton on April 13; Compared to the price of 2,561.67 RMB/ton on April 1st, the price of methanol fluctuated and decreased by 0.46%. This week, the price of methanol stopped falling and rose, and the cost of acetic acid increased. In the future, the upward momentum of acetic anhydride will increase.
Market outlook
Analysts from SunSirs’Acetic Anhydride Data believe that this week, acetic acid prices fluctuated and increased, methanol prices fluctuated and increased, acetic anhydride costs increased. The operating rate of acetic anhydride manufacturers had decreased, and the supply of acetic anhydride was insufficient. The cost of acetic anhydride had increased, and the supply was insufficient. It is expected that the price of acetic anhydride will slightly increase in the future.
