SunSirs: Insufficient Cost Support, the Price of Acetic Anhydride Stabilized after Rising this week

https://www.chemnet.com   Mar 14,2023 SunSirs

　　The price of acetic anhydride stabilized after rising this week

　　According to the data monitoring of SunSirs, as of March 10, the price of acetic anhydride was 5,300 RMB/ton, up 0.24% from the price of 5,287.50 RMB/ton on March 3; The price of acetic anhydride rose by 0.71% from 5,262.50 RMB/ton on March 1. The price of raw materials stabilized, and the cost support was insufficient. The price of acetic anhydride stabilized after rising this week.

　　The price of acetic acid fluctuated and stabilized this week

　　As can be seen from the chart of acetic acid price trend of SunSirs, as of March 10, the price of acetic acid was 3,283.33 RMB/ton, up 4.23% from the price of acetic anhydride of 3,150 RMB/ton on March 1; The price of acetic acid was stable compared with 3,283.33 RMB/ton on March 3. This week, the price of acetic acid stopped rising and stabilized, the support for the rise of acetic anhydride cost was not there, and the rising power of acetic anhydride was weakened.

　　Methanol prices fell in shock this week

　　As can be seen from the methanol price trend chart of SunSirs, as of March 10, the methanol price was 2,637.50 RMB/ton, down 3.59% from the price of 2,735.83 RMB/ton on March 1; Compared with the methanol price of 2,693.33 RMB/ton on March 3, it fell by 2.07%. This week, the price of methanol fell in shock, the cost of acetic acid fell, the price of raw materials for carbonyl method acetic anhydride fell, and the downward pressure on acetic anhydride increased.

　　Market outlook

　　Analysts of the acetic anhydride data of SunSirs believe that the price of acetic acid stopped rising and stabilized this week, the price of methanol fell, and the cost of acetic anhydride fell. The support for the rise of acetic anhydride cost was not there. In the future, it is expected that the price of acetic anhydride will fluctuate and stabilize in the future.

 Print  |    add to Favorites  |    Close