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SunSirs: The Decline in Acetic Anhydride Market Slowed Down This Week (December 13-20)
December 22 2021 11:27:38SunSirs(John)

Acetic anhydride prices were slowly falling this week

According to the data monitoring of SunSirs, the price of acetic anhydride fell slowly this week, and the market for acetic anhydride fell. As of December 20, the price of acetic anhydride was 10,825 RMB/ton, a decrease of 1.14% from the price of 10,950 RMB/ton on December 13th. The cost of raw materials stopped falling and recovered, and the decline in the acetic anhydride market slowed down.

Raw material acetic acid market stopped falling and picked up

According to the monitoring data of SunSirs, the price of acetic acid rose slightly this week, and the acetic acid market stopped falling and picked up. As of December 20, the price of acetic acid was 6,190 RMB/ton, an increase of 0.81% from the price of 6,140 RMB/ton on December 13. The price of acetic acid rose slightly this week, the price of raw materials stopped falling and recovered, the cost of acetic anhydride rose, the downward pressure of acetic anhydride weakened, and the upward momentum increased.

Methanol prices fluctuated up this week

According to the monitoring data of SunSirs, the methanol market rebounded this week, and the methanol price fluctuated up. As of December 20, the methanol price was 2,627.50 RMB/ton, which was an increase of 0.57% from the price of 2,612.50 RMB/ton on December 13. The methanol market was picking up. The cost of acetic anhydride rose, the downward pressure on acetic anhydride weakened, and the upward momentum increased.

Market summary and outlook forecast

The acetic anhydride data analyst of SunSirs believes that the price of raw material acetic acid rose this week, and the price of methanol rebounded. The cost of acetic anhydride was rising; the downstream purchasing enthusiasm was average, and customers were more cautiousIn the future, the cost of acetic anhydride has risen, the downward pressure of acetic anhydride has weakened and the upward momentum has increased, and the price of acetic anhydride has slowed down. The price of acetic anhydride is expected to fluctuate to stabilize in the future..

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