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SunSirs: With the Absence of Raw Material Support, the Price of Acetic Anhydride Plummeted

July 13 2021 14:36:40     SunSirs (John)

The price of acetic anhydride plummeted

According to the data monitoring of SunSirs, the cost of raw materials fell, and the price of acetic anhydride plummeted in July. As of July 12, the price of acetic anhydride was 11,300.00 RMB/ton, compared with the price of 12,166.67 RMB/ton on July 1, the price dropped by 7.12%.

The cost of raw materials fell

It can be seen from the acetic acid price chart that the price of acetic acid plummeted by 13% in July, the cost of acetic anhydride fell, and the upward momentum of acetic anhydride weakened and the downward pressure increased.

It can be seen from the methanol price chart that the price of methanol fell slightly in July, the cost of acetic anhydride decreased, the downward pressure of acetic anhydride increased, and the price of acetic anhydride may fall in the future.

Market summary and outlook forecast

According to the acetic anhydride data analyst of SunSirs, the price of acetic anhydride fell in July, the price of methanol fell, the overall cost of acetic anhydride fell, and the downward pressure of acetic anhydride prices increased. In the future, the operating rate of acetic acid enterprises increases, the supply of acetic acid is sufficient, the price of acetic acid is expected to fall; the downward pressure on the cost of acetic anhydride increases, and the market outlook for acetic anhydride is expected to fall.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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