According to the data monitoring of the business association, the acetic anhydride market continued to rise in March, and the price of acetic anhydride continued to rise. As of March 12, the price of acetic anhydride was 9550.00 yuan / ton, up 2.69% compared with 9300.00 yuan / ton at the beginning of the month (March 1). The cost of acetic anhydride continued to rise, and the market of acetic anhydride remained high.
Acetic acid price trend
As can be seen from the price trend chart of acetic acid, in March, the price of acetic acid rose and maintained stability. In March, Hualu Hengsheng acetic acid equipment resumed operation, domestic acetic acid raw material supply increased, acetic acid rising momentum weakened, acetic acid market high firm, acetic anhydride cost high firm, acetic anhydride market rising momentum still exists.
Methanol price trend
From the methanol price trend chart, we can see that in March, the methanol price first stabilized and then rose, the methanol price rose steadily, the acetic anhydride cost rose steadily, and the driving force of acetic anhydride rise increased.
Market summary and future forecast
Bai Jiaxin, acetic anhydride data analyst of business news agency, believes that the acetic acid price rose in March and then stabilized strongly, the rising power of acetic anhydride weakened, and the acetic anhydride market stabilized, but the methanol price rose steadily in March, the cost of acetic anhydride rose, and the rising power of acetic anhydride increased. Overall, in March, the raw material prices of acetic anhydride fluctuated, the cost of acetic anhydride rose, and the market of acetic anhydride remained high. In the future, with the price of acetic acid and methanol stabilized, the cost of raw materials for acetic anhydride stabilized, and the rising power of acetic anhydride weakened. It is expected that the acetic anhydride market will stabilize strongly in the future.
|ferric sulfate (Poly ferric sulphate)|