The price of acetic anhydride fluctuated and fell in April
According to the Commodity Market Analysis System of SunSirs, as of April 26th, the price of acetic anhydride was 5,450 RMB/ton, a fluctuation decrease of 0.23% compared to the price of 5,462.50 RMB/ton on April 1st. The price of raw material acetic acid fluctuated and fell, cost support weakened, and the price of acetic anhydride fluctuated and fell in April.
Acetic acid prices fluctuated and fell in April
According to the market analysis system of acetic acid products in SunSirs, as of April 26, the price of acetic acid was 3,250 RMB/ton, a fluctuating decrease of 1.02% compared to the price of 3,283.33 RMB/ton on April 1. In April, the price of acetic acid fluctuated and fell. Acetic acid companies started at a low level, and the supply of acetic acid was insufficient. The support for the rise in acetic acid prices weakened, and the downward pressure increased. In the future, the downward pressure on acetic anhydride will increase.
Methanol prices fluctuated and fell in an N-shaped pattern in April
According to the methanol commodity market analysis system of SunSirs, as of April 26, the price of methanol was 2,491.67 RMB/ton, a fluctuating decrease of 2.73% compared to the price of methanol on April 1, which was 2,561.67 RMB/ton. In April, the price of methanol fluctuated and fell, and the cost of acetic acid decreased. In the future, the downward pressure on acetic anhydride will increase.
Market outlook
Analysts from SunSirs’ Acetic Anhydride Data believe that in April, the prices of acetic acid and methanol fluctuated and fell, resulting in a decrease in acetic anhydride costs. The operating rate of acetic anhydride manufacturers was low, and the supply of acetic anhydride was insufficient. In the future, the cost of acetic anhydride will decrease, and the supply will temporarily stabilize. It is expected that the price of acetic anhydride will weaken and stabilize in the future.
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