Acetic anhydride prices plummeted

According to the data monitoring of the business association, the cost of raw materials fell this week, and the price of acetic anhydride continued to plummet. As of July 19, the price of acetic anhydride was 9825.00 yuan / ton, down 13.05% compared with 11300.00 yuan / ton on July 12 at the beginning of the week; Compared with the price of acetic anhydride on July 1, 12166.67 yuan / ton, a decrease of 19.25%.

Raw material cost down

As can be seen from the price trend chart of acetic acid, this week, the price of acetic acid continued the previous trend and plummeted. In July, the price of acetic acid dropped by 19%, and this week, the price of acetic acid dropped by 9%. The cost of acetic anhydride decreased, the rising power of acetic anhydride decreased, and the pressure of decline increased.

It can be seen from the methanol price trend chart that the methanol price first fell and then rose in July, and the overall methanol market tended to be stable in July. This week, methanol prices rose, acetic anhydride costs rose slightly, acetic anhydride pressure weakened, rising momentum still exists.

Market summary and future forecast

Bai Jiaxin, acetic anhydride data analyst of business society, believes that the price of acetic acid continued to plummet this week, the cost of acetic anhydride decreased, and the price of acetic anhydride fell sharply. In the future, methanol price fluctuates and rises, acetic acid cost rises, acetic acid enterprise’s enthusiasm for starting decreases, acetic acid enterprise’s operating rate is expected to decline, acetic acid supply is reduced, acetic acid price decline is expected to slow down and stabilize, acetic anhydride cost is expected to stabilize, acetic anhydride falling pressure is weakened, acetic anhydride market is expected to slow down in the future, acetic anhydride price fluctuates slightly.