1、 Price trend:

According to the monitoring data of business agency, the price of acetic anhydride fell in February. As of February 29, the average price of acetic anhydride enterprises was 4725.00 yuan / ton, down 50 yuan / ton, or 1.05% compared with 4775.00 yuan / ton at the beginning of the month, and down 25.79% compared with the same period last year.

2、 Market analysis:

Product analysis:

In February, acetic anhydride enterprises started to work successively, Yankuang acetic anhydride equipment started to work normally, Hualu Hengsheng acetic anhydride equipment started to work normally, Guangxi Jinyuan acetic anhydride equipment resumed production, Henan ronghua chemical acetic anhydride equipment started to work, but the logistics and transportation were still limited, and it was difficult to get out of the warehouse; downstream enterprises had general purchasing enthusiasm, and orders were sporadically traded. The factory quotation in North China was about 4600-4800 yuan / ton, which was actually successful The price is about 4500 yuan / ton. Acetic anhydride manufacturers have inventory sales, overall acetic anhydride market is bad, acetic anhydride drop pressure.

Industry chain factor analysis:

In February, the price of acetic acid fell sharply, the start-up of acetic acid enterprises gradually recovered, the demand for acetic acid was low, the acetic acid market was cold running, the stock of acetic acid was overstocked, the price of acetic acid fell under great pressure, the cost of acetic anhydride fell, which was bad for the market of acetic anhydride in the future.

In February, the price of methanol fell sharply, the delivery of methanol enterprises gradually recovered, the number of transport vehicles gradually increased, and the methanol market gradually recovered. However, the downstream construction of methanol was generally started, the overall demand for methanol was general, and the market for acetic anhydride was less negative, while the market for acetic anhydride was more negative.

3、 Future forecast:

According to Bai Jiaxin, an analyst of acetic anhydride data of the business association, in February, acetic anhydride enterprises began to work one after another, and their production gradually recovered. The operating rate of acetic anhydride enterprises increased, the downstream demand was general, the inventory of acetic anhydride enterprises was overstocked, and the price of acetic anhydride was under great pressure. In terms of cost, the price of acetic acid fell sharply, which was bad for acetic anhydride market, while the price of methanol fell in shock. The cost of acetic anhydride fell sharply, and the market of acetic anhydride was bad. Due to the serious transportation constraints, there are few transactions in the acetic anhydride market, and the enthusiasm of enterprises for quotation is not high. The main reason is to maintain the stability of the quotation. The actual transaction price has declined significantly, and the overall acetic anhydride market is weak. As for the future market, the stock backlog of acetic anhydride enterprises has increased, the demand for acetic anhydride has not increased significantly, and the pressure of acetic anhydride decline is greater, and it is expected that acetic anhydride will fall in the future market.