1、 Price trend:
According to the data monitoring of the business agency, the price of acetic anhydride remained stable after the Spring Festival. As of February 10, the average price of acetic anhydride enterprises was 4775.00 yuan / ton, maintaining stability compared with the price of acetic anhydride before the festival, and the price fell 23.80% compared with the same period last year.
2、 Market analysis:
After the Spring Festival, affected by the epidemic situation, the number of acetic anhydride enterprises parking increased. The normal operation of acetic anhydride equipment in Hualu and Yankuang was started, the logistics and transportation were limited, and the outbound was difficult. The downstream enterprises started lower, the purchasing enthusiasm was poor, and there was basically no transaction. The price was stable compared with before the festival. The ex factory quotation in North China was about 4700-4800 yuan / ton, the quotation in East China was about 5000 yuan / ton, and the quotation in Southern China was about 5300 yuan / ton /The actual transaction price is about 200 yuan / ton lower than the quotation. Acetic anhydride manufacturers have inventory sales, overall acetic anhydride market is bad, acetic anhydride drop pressure.
Industry chain factor analysis:
After the Spring Festival, the price of acetic acid remained stable. Affected by the epidemic situation, the downstream construction of acetic acid was limited, the demand for acetic acid was low, acetic acid operated coldly in a short period of time, the cost of acetic anhydride was stable, the pressure for acetic anhydride to rise weakened, the pressure for decline increased, and the market of acetic anhydride was negative.
Since the Spring Festival, the price of methanol has fallen, the price of methanol has fallen, the cost of acetic anhydride has fallen, the driving force of acetic anhydride’s rise has weakened, the downward pressure has increased, and the market of acetic anhydride has been negative.
3、 Future forecast:
Baijiaxin, an analyst of acetic anhydride data of business association, believes that after the Spring Festival, affected by the epidemic situation, the operating rate of industrial chain enterprises decreased, the demand for acetic anhydride decreased, and the market for acetic anhydride was bad; logistics was limited, logistics and transportation were difficult, product shipment was difficult, and product inventory was increased; the operating rate of acetic anhydride enterprises was low, and the supply was average, while the operating rate of downstream customers was low, and the purchasing enthusiasm of customers was reduced Market supply and demand have both declined, and there is still downward pressure to increase the future acetic anhydride market, which is expected to be weak in the short term and stable in the medium and long term.