Price trend:

According to the data monitoring of the business agency, the acetic anhydride market fell sharply this week. The acetic anhydride market lost its cost support and the price plummeted. As of June 9, the average price of acetic anhydride quoted by enterprises was 5633.33 yuan / ton, down 7.43% compared with 6125.00 yuan / ton last weekend, and up 23.72% compared with the same period last year. This week, the price of acetic anhydride fell, the pressure of acetic anhydride drop increased, and the market of acetic anhydride fell.

Acetic acid price trend:

It can be seen from the trend chart of acetic acid price that the price of acetic anhydride rose slowly in the first ten days of May, and rose to the highest point on May 14, after which the price of acetic acid stabilized briefly and then fell sharply. As of June 9, the price of acetic acid fell by 18.10% compared with the highest point. The price of acetic acid plummeted, the cost of raw materials of acetic anhydride fell, and the pressure of acetic anhydride falling increased.

Methanol price trend:

From the methanol price trend chart, it can be seen that the methanol price rose slightly at the beginning of May, and then remained relatively stable in the middle of May. After May 13, the methanol price fell sharply. As of June 9, the methanol price dropped 6.30% compared with the highest point in May. Methanol price fell, acetic anhydride cost support fell, acetic anhydride market bearish.

Market Overview:

In general, since the middle of May, the price of raw materials of acetic anhydride has continued to decline, the cost of acetic anhydride has decreased, and the pressure of acetic anhydride decline has continued to increase. However, due to the low start-up level of acetic anhydride manufacturers in early May, the supply of acetic anhydride was insufficient, and the supply of acetic anhydride was tight, so the price of acetic anhydride did not fall with the price of raw materials. Since the end of May, the acetic anhydride manufacturers began to start work and gradually recovered. The supply of acetic anhydride increased. By June, the supply of acetic anhydride was sufficient and the price of acetic anhydride lost its support. Since June, the price of acetic acid has declined by a larger margin, the supply and demand of acetic anhydride has been basically balanced, the demand power of acetic anhydride is general, and the pressure on the cost of acetic anhydride to decline has increased. This week, the pressure on the decline of acetic anhydride broke out, and the price of acetic anhydride has plummeted.