Acetic anhydride prices fluctuated and rose in March

According to data monitoring by SunSirs, as of March 29, the price of acetic anhydride was 5,487.50 RMB/ton, up 4.28% from 5,262.50 RMB/ton on March 1. The price of raw materials fluctuated and increased, and acetic anhydride enterprises started at a low level. In March, the price of acetic anhydride fluctuated and increased.

In March, the acetic anhydride equipment of Yankuang Enterprise started at a low level, and the acetic anhydride equipment was scheduled to be overhauled for 15 days. The supply of acetic anhydride decreased, and the demand for acetic anhydride temporarily stabilized. In March, the price of acetic anhydride fluctuated and increased.

Acetic acid prices fluctuated and rose in March

As can be seen from the acetic acid price trend chart of SunSirs, as of March 29, the acetic acid price was 3,300 RMB/ton, up 4.76% from the 3,150 RMB/ton price of acetic anhydride on March 1. In March, the price of acetic acid fluctuated and increased, the cost of acetic anhydride rose, support remained, and the upward momentum for acetic anhydride increased.

Methanol prices fluctuated and fell in March

As can be seen from the methanol price trend chart of SunSirs, as of March 29, the methanol price was 2,540.83 RMB/ton, down 7.13% from the price of 2,735.83 RMB/ton on March 1. In March, the price of methanol fluctuated and fell, the cost of acetic acid decreased, and the price of raw materials for carbonyl acetic anhydride decreased. The downward pressure on acetic anhydride was high.

Market outlook

Analysts from SunSirs's acetic anhydride data believe that in March, the price of acetic acid fluctuated and rose, while the price of methanol fluctuated and fell, while support for the rise in acetic anhydride costs remained. In late March, Yankuang's acetic anhydride equipment started at a low level, and the acetic anhydride equipment was scheduled to be shut down for maintenance for 15 days, resulting in a decrease in acetic anhydride supply. In the future, support for the rising cost of acetic anhydride remains, supply decreases, and demand remains weak. It is expected that the price of acetic anhydride will stabilize strongly in the future.

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