SunSirs: Affected by Cost, the Price of Acetic Anhydride Soared in January

Price trend

According to the data of SunSirs, the price of acetic anhydride rose sharply in January. As of January 31, the average quotation price of acetic anhydride enterprises was 4,775.00 RMB/ton, which was an increase of 6.11% from the 4,500.00 RMB/ton quoted at the beginning of the month; the price fell 23.80% from the same period of last year.

Analysis review   

Product: In January, the price of acetic anhydride rose sharply. The ex factory quotation in North China was about 4,700-4,800 RMB/ton, the quotation in East China was about 5,000 RMB/ton, and the quotation in South China was about 5,300 RMB/ton. The quotation rose, and the actual transaction price rose about 200 RMB/ton. The acetic anhydride manufacturer's inventory was low, Yankuang's acetic anhydride inventory was low, and the shipment wais difficult. Hualu Hengsheng's acetic anhydride inventory was low, and the shipment was normal, the acetic anhydride supply was insufficient, and the downstream customers' purchasing enthusiasm increased. The market of acetic anhydride was good, and the driving force for the rise of acetic anhydride increased.

Industrial chain: In January, the price of acetic acid rose sharply, the cost of acetic anhydride rose, the pressure of acetic anhydride rising increased, the market of acetic anhydride was good, and the price of acetic anhydride rose.

In January, the price of methanol increased, the cost of acetic anhydride increased, the pressure of acetic anhydride increased, and the price of acetic anhydride increased, which was good for the future market of acetic anhydride.

Market outlook

According to the analyst of acetic anhydride data of SunSirs, in January, the price of acetic anhydride raw materials acetic acid and methanol rose sharply, the cost of acetic anhydride rose sharply, the market of acetic anhydride was favorable, and the price of acetic anhydride rose; the stock of acetic anhydride manufacturers was low, the delivery was difficult, the supply of acetic anhydride was insufficient, and the power of acetic anhydride market rose increased; the impact of force majeure events, national control, logistics and transportation were difficult, and the operating rate of enterprises was low In the future, the market of acetic anhydride is expected to maintain stability in the short term and increase in the medium and long term. 

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