SunSirs: The Cost Dropped, and the Price of Acetic Anhydride Fell after the Festival

The price of acetic anhydride fell after the festival

According to the data monitoring of SunSirs, the price of acetic anhydride fell after the holiday. As of January 6, the price of acetic anhydride was 5,350 RMB/ton, down 1.15% from 5,412.50 RMB/ton on January 1. After the festival, the cost of acetic anhydride decreased, the demand was weak, and the price of acetic anhydride fell.

The price of acetic acid fell in shock after the festival

It can be seen from the price trend chart of acetic acid in SunSirs that as of January 6, the price of acetic acid was 2,912.50 RMB/ton, down 1.27% from the price of 2,950 RMB/ton on January 1. Downstream demand was sluggish, acetic acid enterprises started at a low level, and trade in the industry was weak. After the festival, the price of acetic acid fell in shock, the cost of acetic anhydride fell, and the downward pressure on acetic anhydride increased.

After the festival, methanol prices rose first and then fell

It can be seen from the methanol price trend chart of SunSirs that as of January 6, the methanol price was 2,668.33 RMB/ton, down 1.11% from the price of 2,698.33 RMB/ton on January 1. After the festival, methanol prices rose first and then fell, acetic anhydride cost support weakened, demand was weak, and the downward pressure on acetic anhydride was great.

Market outlook

According to the acetic anhydride data analysts of SunSirs, methanol prices and acetic acid prices fell in shock after the festival, and the cost of acetic anhydride fell; Downstream demand for acetic anhydride remained weak, and downward pressure on the price of acetic anhydride increased. In the future, the cost of acetic anhydride decreases, the demand remains weak, and the price of acetic anhydride will fall in shock.

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