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SunSirs: Lower cost, lower acetic anhydride Market
October 24 2019 15:15:11SunSirs(John)

Price trend

According to the price monitoring of SunSirs, the market of acetic anhydride has recently declined, and the price of acetic anhydride has fallen. As of October 23, the average price quoted by acetic anhydride enterprises was 5675.00 RMB/ton, down 225.00 RMB ton, or 3.81% compared with 5900.00 RMB/ton quoted by acetic anhydride enterprises on October 14, and down 27.23% compared with the same period last year.

 

Analysis review

Products: The operating rate of acetic anhydride manufacturers is stable, the supply of acetic anhydride is sufficient, and the fuel of acetic anhydride is insufficient. Recently, the price of acetic acid has fallen sharply, the cost of acetic anhydride has fallen, the price of methanol has fluctuated, and the cost of acetic anhydride has fallen. The overall market for acetic anhydride has weakened.

Industry chain: Recently, the price of acetic acid has fallen sharply, the price of raw materials for acetic anhydride has fallen, the cost of acetic anhydride has fallen and it is bad for acetic anhydride. The cost of acetic anhydride enterprises has fallen sharply, and the pressure on the acetic anhydride market has increased.

In terms of methanol, the recent methanol shocks have fallen, the cost of acetic anhydride has decreased, and the acetic anhydride market has been negative. The overall pressure on raw materials for acetic anhydride has increased, and the positive pressure has weakened. It is expected that the market for acetic anhydride will fall.

 

Market outlook

The melamine analysts of SunSirs believe the price of raw materials for acetic anhydride has dropped sharply recently, the price of acetic acid has fallen sharply, the price of methanol has fallen sharply, the overall cost of acetic anhydride has dropped sharply, which has a certain negative effect on acetic anhydride, the positive effect has weakened, and the downward pressure on acetic anhydride has increased. In terms of downstream customers, the price of acetic anhydride is high, and customers are generally motivated to purchase, while downstream customers purchase on demand. On the whole, it is expected that acetic anhydride market in the future will fall under great pressure and the price of acetic anhydride will fall.

 

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

 

 

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