Price trend

According to the data monitoring of the business agency, since July, the price of acetic anhydride has risen sharply. Last week, the price of acetic anhydride remained stable. This week, the price of acetic anhydride fell, and the rise of acetic anhydride lost its support. As of July 21, the average price of acetic anhydride was 6025.00 yuan / ton, up 9.55% compared with 5500.00 yuan / ton at the beginning of July; it was down by 0.82% compared with 6075.00 yuan / ton at the end of last week; it was 13.32% higher than that of the same period last year.

Acetic acid price trend

According to the trend chart of acetic acid price, the high level of acetic acid price fell this week, the supply tension of acetic acid market was relieved, and the price of acetic acid fell. The raw material price of acetic anhydride dropped, the cost of acetic anhydride decreased, and the driving force of acetic anhydride rising lost support.

Methanol price trend

From the methanol price trend chart, we can see that the methanol price has been fluctuating and falling all the way this week, and the cost of acetic anhydride has decreased significantly, and the market of acetic anhydride is more negative.

Market review and future forecast

According to Bai Jiaxin, an analyst of acetic anhydride data from business club, since last week, the price of acetic acid remained stable, the price of methanol fell, and the cost of raw materials for acetic anhydride decreased, which was negative for the market of acetic anhydride. As the operating rate of acetic anhydride enterprises returned to normal, the prices of raw materials of acetic anhydride fell, which made the rise of acetic anhydride lose support. It is expected that the market of acetic anhydride will fall slightly in the future.