The cost of raw materials rose, and the price of acetic anhydride rose sharply after the festival

The price of acetic anhydride rose sharply after the festival

 

Benzalkonium chloride

According to the data monitoring of business society, the price of acetic anhydride rose sharply after the festival, and the acetic anhydride market recovered. As of May 9, the price of acetic anhydride was 8525.00 yuan / ton, up 14.62% from 7437.50 yuan / ton on May 1 at the beginning of the month. The price of acetic anhydride of some manufacturers wants to break the 9000 yuan mark, up nearly 2000 yuan / ton.

 

The price of raw material acetic acid fluctuated and rose

 

It can be seen from the correlation statistics of business society that the correlation coefficient between acetic anhydride and acetic acid from May 2021 to April 2022 is 0.958, and acetic anhydride and acetic acid are highly positively correlated. It can be seen from the price trend chart of acetic acid in business society that the price of acetic acid rose sharply after the festival, and the price of acetic acid rose by 10.09%. After the festival, some acetic acid enterprises stopped production and maintenance, the operating rate of acetic acid enterprises decreased, the supply of acetic acid decreased, the driving force for the rise of acetic acid increased, the cost of acetic anhydride increased, and the driving force for the rise of acetic anhydride increased.

 

The price of raw material methanol stopped falling and recovered

 

Sodium Molybdate

As can be seen from the methanol price trend chart of business society, the methanol price stopped falling and recovered after the festival, and the overall methanol price rose. As of May 9, the methanol price was 2750 yuan / ton, up 0.18% from 2745 yuan / ton on May 1 at the beginning of the month. After the festival, the methanol price fluctuated and rose, and the methanol market recovered. After the festival, the price of methanol stopped falling, the cost of acetic anhydride increased, the downward pressure of acetic anhydride remained, and the upward momentum increased.

 

Outlook

 

Analysts of acetic anhydride data of business society believe that the decline of raw material methanol has stopped, the price of acetic acid has risen sharply, and the cost of acetic anhydride has risen; After the festival, the shutdown and maintenance of acetic acid enterprises increased, the supply of acetic acid decreased, and the rising power of acetic acid increased; The price of acetic anhydride raw materials increases, the cost of acetic anhydride rises, and the driving force of acetic anhydride rise increases. Generally speaking, the price of acetic anhydride raw materials will rise in the future, and the price of acetic anhydride is expected to rise in the future.

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