Acetic anhydride inventory shortage, prices continue to rise

Price trend

 

PVA 2699

According to the business agency data monitoring, acetic anhydride prices continued to rise 200-300 yuan / ton this week, acetic anhydride market rebounded. As of August 24, the average price of acetic anhydride was 5637.50 yuan / ton, up 2.04% compared with 5525 yuan / ton at the end of last week, and 15.86% lower than that of the same period last year.

 

Acetic acid price trend

 

It can be seen from the acetic acid price trend chart that the price of acetic acid continued to decline this week, the cost of acetic anhydride decreased, and the pressure of acetic anhydride decline increased.

 

Methanol price trend

 

It can be seen from the methanol price trend chart that the methanol market in August fell all the way. This week, the methanol price continued its downward trend. The cost of acetic anhydride decreased, and the pressure on the decline of acetic anhydride increased, and the market of acetic anhydride was negative.

PVA

 

Market review and future forecast

 

According to Bai Jiaxin, an analyst of acetic anhydride data from business agency, this week, acetic anhydride raw materials acetic acid and methanol continued to decline slightly in the previous period, and the cost of acetic anhydride decreased, and the pressure of acetic anhydride decline increased; however, acetic anhydride enterprises recently had more maintenance and parking, low equipment operating rate, Yankuang acetic anhydride inventory was insufficient, shipment was difficult, market shortage pressure increased, and acetic anhydride pressure increased. Generally speaking, the recent fluctuation of acetic anhydride market, the pressure of future market acetic anhydride still exists, the support of acetic anhydride rise is insufficient, and the future market of acetic anhydride is expected to be stable.

POLYVINYL ALCOHOL