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SunSirs: Cost Soared and Acetic Anhydride Soared After New Year's Day
January 20 2020 15:55:01SunSirs(John)

Price trend

According to the data of SunSirs, the price of acetic anhydride rose sharply this week. As of January 17, the average price of acetic anhydride enterprises was 4,750.00 RMB/ton, up 137.50 RMB/ton, up 2.98% from 4,612.50 RMB/ton at the beginning of the week; up 250.00 RMB/ton, up 5.56% from 4,500.00 RMB/ton at the beginning of the year (January 1); down 21.05% from the same period of last year.

 

Analysis review   

Product: This week, the price of acetic anhydride fluctuated and rose. The ex factory price in North China was about 4,600-4,800 RMB/ton, the price in East China was about 5,000 RMB/ton, and the price in South China was about 5,300 RMB/ton. The price rose, and the actual transaction price rose about 200 RMB/ton. The acetic anhydride manufacturer's inventory is low, Yankuang's acetic anhydride inventory is low, and the shipment is difficult. Hualu Hengsheng's acetic anhydride inventory is low, and the normal shipment, the acetic anhydride supply is insufficient, and the downstream customers' purchasing enthusiasm increases. The market of acetic anhydride is good, and the driving force for the rise of acetic anhydride is increasing.

Industry chain: This week, the price of acetic acid rose. After new year's day, the price of acetic acid rose sharply. The cost of acetic anhydride rose. The driving force for the rise of acetic anhydride increased. The market of acetic anhydride was good, and the price of acetic anhydride rose.

This week, the methanol price rose, continuing the rising trend after the festival, the price rose sharply, the cost of acetic anhydride rose, the power of acetic anhydride rose increased, the price of acetic anhydride rose, which is good for the future market of acetic anhydride.

 

Market outlook

Acetic anhydride analysts believe that the price of acetic acid and methanol, the raw materials of acetic anhydride, rose sharply this week, continuing the rising trend of the price of acetic acid and methanol after new year's day. The cost of acetic anhydride rose sharply, the market of acetic anhydride was good, and the price of acetic anhydride rose; the stock of acetic anhydride manufacturers was low, the shipment was difficult, the supply of acetic anhydride was insufficient, and the rising power of acetic anhydride market increased; the Spring Festival is coming, the next tourists Customers are hard to prepare goods, logistics and transportation are difficult, purchasing enthusiasm of downstream customers of acetic anhydride is rising, supply of acetic anhydride is insufficient, demand is rising, and acetic anhydride market is good. On the whole, the power of acetic anhydride rising in the future is increased, and it is expected that the market of acetic anhydride will rise in the future.

 

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.

 

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