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SunSirs: Acetic Anhydride Prices Are Still Supported Due to Tight Supply,
April 21 2020 13:09:00SunSirs(John)

 

Price trend

According to the monitoring of the data of SunSirs, the price of acetic anhydride rose slightly in April. As of April 20, the average price of acetic anhydride enterprises quoted was 5,087.50 RMB/ton, which was an increase of 50.00 RMB/ton or 0.99% from the beginning of the month that was 5,037.50 RMB/ton. Compared with the same period last year, prices fell by 10.22%. In April, the acetic anhydride market remained stable.

 

Analysis review   

Product:

In April, the price of acetic anhydride fluctuated slightly and rose. The downstream enterprises of acetic anhydride gradually resumed construction, and the demand for acetic anhydride recovered. The production of acetic anhydride enterprises is generally normal, and the Yankuang vinegar anhydride equipment has just resumed construction, the supply is insufficient, and the overall supply of acetic anhydride is tight. At present, the transaction price of acetic anhydride is about 4,900 RMB/ton.

Industrial chain:

The price of acetic acid fluctuated and adjusted, the price of raw materials rose slightly, and the cost of acetic anhydride rose. Acetic anhydride market has a certain degree of support for the future market has a certain good acetic anhydride market.

In April, the price of methanol, raw materials and acetic anhydride rose sharply. Acetic anhydride cost support is sufficient, which is good for acetic anhydride market in the future.

 

Market outlook

According to analysts of acetic anhydride data of SunSirs, the price of raw materials of acetic anhydride rose sharply in April, and the cost of acetic anhydride rose. The equipment of downstream enterprises started to rise gradually, and the demand for acetic anhydride rose. Yankuang acetic anhydride equipment has just resumed operation, and the supply is insufficient. Acetic anhydride market support role is sufficient. It is expected that the price of acetic anhydride in the future will be strong and stable.

 

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

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