In December, the price of acetic anhydride still fell

According to the data monitoring of SunSirs, the decline in the price of acetic anhydride slowed down in December. As of December 31, the price of acetic anhydride was 10,350 RMB/ton, a decrease of 10.20% from the price of acetic anhydride at the beginning of the month, which was 11,525 RMB/ton. The acetic anhydride market remained weak in December, and the price of acetic anhydride continued to fall.

Raw material acetic acid prices fell

It can be seen from the acetic acid price chart of SunSirs that the price of acetic acid fell in December by 6.07%. Although the price of acetic acid rose slightly in December, the price of acetic acid at the end of the month rose by 50 RMB/ton from the lowest price of this month, but it was unable to form an upward trend. The acetic acid market was mainly cold.

Methanol prices fell sharply in December

According to the monitoring data of SunSirs, the price of methanol fell sharply in December, and the methanol market continued to fall. As of December 31, the methanol price was 2,375 RMB/ton, a decrease of 14.26% from the methanol price of 2,770 RMB/ton on December 1 at the beginning of the month; the domestic methanol market fell sharply. The cost of acetic anhydride fell, and the downward pressure of acetic anhydride increased.

Market outlook

According to the acetic anhydride data analyst of SunSirs, the price of raw material acetic acid fell in December, and the price of methanol plummeted. The cost of acetic anhydride fell; the downstream procurement enthusiasm was cold, and customers were cautiously waiting and watching. In the future, the cost of acetic anhydride has fallen, and the demand is general. The downward pressure on acetic anhydride will increase. It is expected that the price of acetic anhydride will fluctuate and fall in the future.

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