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SunSirs: In June, the Price of Acetic Anhydride Stopped Rising and Showed a Downward Trend

July 05 2021 14:19:27     SunSirs (John)

The price of acetic anhydride tended to stabilize with a downward trend

According to the data monitoring of SunSirs, the price of acetic anhydride continued to rise in June, and the price of acetic anhydride stabilized in late June. As of June 30, the price of acetic anhydride was 12,166.67 RMB/ton, compared with the price of 11,933.33 RMB/ton on June 1, the price increased by 1.96%. The price of acetic anhydride tended to stabilize with a downward trend in June.

Acetic acid prices peaked and fell

It can be seen from the acetic acid price chart that the price of acetic acid rose first and then fell in June, the cost of acetic anhydride fell, the upward momentum of acetic anhydride weakened, and the downward pressure increased.

Methanol prices fell in June

It can be seen from the methanol price chart that the price of methanol rebounded after falling in June, the cost of acetic anhydride fell, the downward pressure of acetic anhydride increased, and the price of acetic anhydride tend to fall in the future.

Market summary and outlook

According to the acetic anhydride data analyst of SunSirs, the price of acetic anhydride fluctuated up in the first half of June, the price of methanol fell sharply, and the cost of acetic anhydride fluctuated up in the first ten days of June; In late June, the price of acetic acid fell sharply, and the price of methanol fluctuated and stabilized. The cost of acetic anhydride fell in late June, and the pressure on the price of acetic anhydride increased. In general, the acetic anhydride market had a strong upward momentum in early June, and the price of acetic anhydride fluctuated up; in late June, the cost of acetic anhydride fell, and the downward pressure on the acetic anhydride market increased. The market is expected to fall in July.

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