Cost reduction, weak demand, acetic anhydride price fell sharply in July

Acetic anhydride prices fell sharply in July

 

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According to the monitoring data of business agency, the price of acetic anhydride fell sharply in July. As of July 28, the price of acetic anhydride was 6475 yuan / ton, down 10.69% from 7250 yuan / ton on July 1 at the beginning of the month. The price of raw materials fell, the cost of acetic anhydride fell, and the quotation of some acetic anhydride enterprises fell below 6000 yuan / ton. The demand for cost reduction was weak, and the market of acetic anhydride fell sharply in July.

 

The price of raw material acetic acid fell sharply in July

 

According to the trend chart of acetic acid price of business club, the price of acetic acid fell in July. As of July 28, the price of acetic acid was 3512.50 yuan / ton, down 14.85% from 4125 yuan / ton on July 1 at the beginning of the month; Insufficient demand, the price of acetic acid fell sharply, the cost of acetic anhydride fell, and the downward pressure on acetic anhydride increased.

 

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Methanol prices fell sharply in July

 

It can be seen from the methanol price trend chart of the business club that the methanol price fluctuated and fell in July. As of July 28, the price of methanol was 2560 yuan / ton, down 3.94% from 2665 yuan / ton on July 1 at the beginning of the month. The energy crisis has eased. In July, the price of methanol fell violently, the cost of acetic anhydride raw materials fell, and the upward momentum of acetic anhydride weakened, with great downward pressure.

 

Outlook

 

According to the acetic anhydride data analyst of business agency, the prices of raw materials methanol and acetic acid fell sharply in July, the cost of acetic anhydride fell, the price of acetic anhydride fell sharply, and the quotation of some acetic anhydride enterprises fell below 6000 yuan / ton. In general, the cost of acetic anhydride fell, the demand was weak, and the price of acetic anhydride fell sharply. The acetic acid industry chain is still weak, and the support for the rise of acetic anhydride is insufficient. The product price of acetic acid industry chain is close to the cost line, and the space for the future decline of acetic acid price is limited. It is expected that the future acetic anhydride price will stabilize after a slight fluctuation.

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