SunSirs: The Price of Acetic Anhydride Fell Down Following Lower Cost
December 31 2019 15:21:35 SunSirs (John)
Price trend
According to the data of SunSirs, the price of acetic anhydride fell in December. As of December 30, the average price of acetic anhydride enterprises was 4,500.00 RMB/ton, down 250.00 RMB/ton, or 5.26%, compared with 4,750.00 RMB/ton at the beginning of the month, and down 25.41% year on year.
Analysis review
Product: The raw material consumption of acetic anhydride production by acetic acid method is 1.22 tons of acetic acid, 1370kwh of electricity, 1.2 tons of steam (0.4MPa), 115 tons of cooling water, etc. Recently, the price of acetic acid is about 2,500 RMB/ton. At this stage, the profit of acetic anhydride manufacturers is limited, and there is limited space for acetic anhydride to fall.
Industrial chain: In December, the price of acetic acid fell, the cost of acetic anhydride fell, the pressure of acetic anhydride falling was great, and the price of acetic anhydride fell.
In December, the price of methanol fell in shock, the cost of acetic anhydride fell, the pressure of acetic anhydride falling was great, and the price of acetic anhydride fell. In the near future, the price of methanol will rise, and it will be good for the market of acetic anhydride in the future.
Market outlook
According to the analysts of SunSirs, in December, the prices of acetic anhydride raw materials acetic acid and methanol both fell, the cost of acetic anhydride fell, the market of acetic anhydride was bad, and the price of acetic anhydride went down; however, from the perspective of production cost, there was limited space for the price of acetic anhydride to fall, and the price change of raw materials in the future would be the main reason for the price change of acetic anhydride. It is expected that acetic anhydride market will fluctuate and maintain stability in the future.
If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.
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