The price of acetic anhydride stabilized after rising this week

According to the data monitoring of business society, the price of acetic anhydride stabilized after rising this week, and the market of acetic anhydride stabilized. As of May 16, the price of acetic anhydride was 8525.00 yuan / ton, stabilizing from 8525 yuan / ton on May 9 at the beginning of the week; The price of acetic anhydride increased by 14.62% from 7437.50 yuan / ton on May 1 at the beginning of the month. The price of acetic anhydride manufacturers was stable, and the price of acetic anhydride increased by nearly 1500 yuan / ton after the festival.

The price of raw material acetic acid fluctuated and rose

It can be seen from the correlation statistics of business society that the correlation coefficient between acetic anhydride and acetic acid from May 2021 to April 2022 is 0.958, and acetic anhydride and acetic acid are highly positively correlated. As can be seen from the price trend chart of acetic acid in business society, the price of acetic acid stabilized after a sharp rise this week, with an increase of 7.19%. Some acetic acid enterprises stopped production and maintenance, the operating rate of acetic acid enterprises decreased, the supply of acetic acid decreased, the driving force for the rise of acetic acid increased, the cost of acetic anhydride increased, and the driving force for the rise of acetic anhydride was large.

The price of raw material methanol stopped falling and stabilized

As can be seen from the methanol price trend chart of business club, the methanol price stopped falling and stabilized this week, and the overall methanol price stabilized. As of May 16, the methanol price was 2642.50 yuan / ton, down 3.91% from 2750 yuan / ton on May 9; Compared with the price of 2745 yuan / ton on May 1 at the beginning of the month, the price of methanol decreased by 3.73%. After the fluctuation and decline of methanol price this week, the methanol market stabilized. This week, the price of methanol stabilized, the cost of acetic anhydride decreased, the downward pressure of acetic anhydride remained, and the upward momentum weakened.

Outlook

Analysts of acetic anhydride data of business society believe that the raw material methanol stabilizes after falling, the price of acetic acid stabilizes after rising sharply, and the cost of acetic anhydride stabilizes after rising; This week, acetic acid enterprises stopped production for more maintenance, the supply of acetic acid decreased, and the driving force of acetic acid rise was large; The price of acetic anhydride raw materials is relatively high, the cost of acetic anhydride rises, and the driving force of acetic anhydride rise is relatively large. Generally speaking, the price of acetic anhydride raw materials will stabilize in the future, and it is expected that the price of acetic anhydride will stabilize in the future.