Price trends:
According to business data monitoring, acetic anhydride prices continued to rise in early July this week. As of July 21, the average price quoted by acetic anhydride enterprises was 5316.67 yuan/ton, which was 2.57% higher than that quoted by acetic anhydride earlier this week, and 28.27% lower than that of acetic anhydride in the same period last year.
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II. Market analysis:
Product analysis:
This week, the domestic acetic anhydride factory quotation rose, and the market transaction price was temporarily stable. As of July 21, most of the region’s ex-factory quotations were between 5100 and 5500 yuan/ton. The actual transaction price rose. The actual transaction price in Shandong was around 5100 yuan/ton. The price rose. The market quotation was the reference price. The actual transaction price was subject to actual negotiation. Acetate anhydride manufacturers equipment start-up rate is low to maintain, manufacturers have limited inventory, downstream customers are cautious in picking up goods, acetic anhydride downstream sales situation is general, acetic anhydride rising momentum in the future is general.
Factor analysis of industrial chain:
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At about 17:00 on July 19, an explosion occurred in Henan Yima Gasification Plant, which has an annual capacity of 240,000 tons of methanol and 200,000 tons of acetic acid. Although there is no specific loss data caused by the explosion, the company’s acetic acid inventory is limited, which has little impact on the current supply of acetic acid. However, the explosion will inevitably lead to the increase of safety inspection, which will have an impact on the supply of acetic acid in the future, and lead to the rise of acetic acid market. At the same time, the chain reaction will lead to the rise of acetic anhydride downstream, or trigger a short-term industrial chain rise peak.
3. Future market forecast:
Bai Jiaxin, an analyst of acetic anhydride data from business associations, believes that the price of acetic anhydride raw materials has risen slightly recently, the price of methanol has remained stable, the cost of acetic anhydride has risen, and the price of acetic anhydride has a driving force. Although the explosion of acetic acid factory last Friday has limited impact on the supply of acetic acid at this stage, the explosion will inevitably lead to further intensification of national safety inspection and affect the production of future enterprises. It will be difficult for the acetic acid and methanol equipment of Henan Yima Gasification Plant to produce normally for a considerable period of time in the future, affecting the supply of products. As a result of the rising price of products, and the rising voice at this stage, it is unavoidable that some enterprises speculate on acetic acid and methanol, which leads to further price rises. Because of the characteristics of acetic anhydride products, the output of acetic anhydride is small and the use of acetic anhydride is wide. The price of raw materials has a great influence on the price of acetic anhydride. The price of acetic anhydride has risen sharply, or the price of acetic anhydride has been detonated, which leads to a sharp rise in the price of acetic anhydride
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