Raw material price rises, acetic anhydride price rises again

Price trend

 

Sulfamic acid 99.80%

According to the data monitoring of the business agency, the price of acetic anhydride continued to rise sharply in October. As of October 16, the average price of acetic anhydride was 5800.00 yuan / ton, up 2.43% from 5662.50 yuan / ton at the beginning of the month, and 1.69% lower than that of last year.

 

Acetic acid price trend

 

It can be seen from the trend chart of acetic acid price that the price of acetic acid first fell and then rose in October, the market of acetic anhydride stopped falling and rose, the cost of acetic anhydride rose slightly, and the driving force for the rise of acetic anhydride increased.

 

Methanol price trend

 

It can be seen from the methanol price trend chart that the methanol market rose strongly in October, and the methanol price rose sharply by 7.10%. The cost of acetic anhydride rose, and the driving force for the increase of acetic anhydride increased, and the market of acetic anhydride was favorable.

 

Market review and future forecast

 

According to Bai Jiaxin, an analyst of acetic anhydride data from business club, the price of acetic anhydride raw materials rose in October, and the cost of acetic anhydride rose; after the holiday, Yankuang acetic anhydride equipment replaced catalyst, the operating rate of acetic anhydride equipment decreased, the supply of acetic anhydride decreased, and the supply of acetic anhydride enterprises was insufficient. On the whole, the supply of acetic anhydride is insufficient, the cost of acetic anhydride is rising, the driving force of acetic anhydride rising is increasing, and the support of acetic anhydride rising is sufficient. It is expected that the pressure of acetic anhydride rise in the future market and the price of acetic anhydride will rise.

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