Acetic anhydride prices fell sharply in April

Acetic anhydride prices fell sharply in April

 

Polyglutamic acid

According to the data monitoring of business society, the price of acetic anhydride fell sharply in April, and the market of acetic anhydride fell. As of April 29, the price of acetic anhydride was 7437.50 yuan / ton, down 10.12% from 8275.00 yuan / ton on April 1 at the beginning of the month. The price of acetic anhydride of some manufacturers approached the 7000 yuan mark, and the price of acetic anhydride fell by 1000 yuan / ton in April.

 

The price of raw material acetic acid fluctuated and fell

 

It can be seen from the correlation statistics of business society that the correlation coefficient between acetic anhydride and acetic acid is 0.941, and acetic anhydride and acetic acid are highly positively correlated. As can be seen from the price trend chart of acetic acid in business society, the price of acetic acid fell sharply in April, and the price of acetic acid fell by 18.39%. Affected by control, the logistics and transportation were not smooth, the shipment of acetic acid manufacturers was blocked, the demand was weak, the high price of acetic acid fell, the cost of acetic anhydride fell, and the downward pressure of acetic anhydride increased.

 

The price of raw material methanol fluctuated and fell

 

As can be seen from the methanol price trend chart of business society, the methanol price fluctuated and adjusted in April, and the overall methanol price fell. As of April 29, the methanol price was 2745 yuan / ton, down 10.59% from 3070 yuan / ton on April 1 at the beginning of the month. At the end of the heating season, the high price of global energy market fell, and the high price of methanol fell. In April, the price of methanol fell sharply, the cost of acetic anhydride decreased, and the pressure of acetic anhydride decline was great.

 

Outlook

 

Analysts of acetic anhydride data of business society believe that the prices of raw materials methanol and acetic acid have fallen sharply, and the cost of acetic anhydride has decreased; Under the influence of management and control, acetic acid enterprises reduce negative production, acetic acid enterprises have difficulties in shipping, the downstream demand for acetic acid is weak, and the downward pressure of acetic acid is increased; The price of acetic anhydride raw materials continued to decline, the cost of acetic anhydride decreased, and the downward pressure of acetic anhydride increased. Generally speaking, the price of methanol and acetic acid, the raw materials of acetic anhydride in the future, has great downward pressure, the cost of acetic anhydride has decreased, and the downward pressure of acetic anhydride has increased. It is expected that the price of acetic anhydride in the future will fluctuate and fall.

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