Recently, the price of acetic anhydride has continued to decline
According to Shengyishe Spot News, as of April 22, the price of acetic anhydride was 6100 yuan/ton, a decrease of 1125 yuan/ton or 15.57% compared to the price of 7225 yuan/ton on April 11. Recently (4.11-4.22), the price of acetic anhydride has continued to decline. Acetic anhydride enterprises have started operating smoothly and the market supply is sufficient; Downstream customers generally accept high priced goods, with low purchasing enthusiasm and weak market trading atmosphere; In terms of raw materials, the price of acetic acid continues to decline, cost support is weak, market sentiment is bearish, and manufacturers have a clear intention to ship, resulting in a weak downward trend in the acetic anhydride market.
Acetic acid market falls sharply
According to the Business Society Spot News, from April 11th to 22nd, the price of acetic acid fell from 4750 yuan/ton to 3966.67 yuan/ton, with a fluctuation of 16.49%. The operating rate of the acetic acid plant is at a medium to high level, and the market supply of goods is stable. The downstream demand performance is poor, and the market has dropped significantly. The demand side has suppressed the price of acetic acid. In addition, the cost support of raw material methanol is limited, and the acetic acid market is bearish, resulting in a wide range of price declines. The cost side has a negative impact on the acetic anhydride market.
outlook for the future market
The acetic acid analyst from Shengyi Society believes that the price of raw material acetic acid is weak, the cost of acetic anhydride is bearish, downstream demand is limited, market support is insufficient, and acetic anhydride enterprises are under pressure. It is expected that the acetic anhydride market will continue to operate weakly in the later stage, and specific attention should be paid to changes in the upstream market.
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