Raw material surge stimulates acetic anhydride price to rise again before Spring Festival

Price trend


According to the data monitoring of the business association, the market of acetic anhydride rose this week, and the price of acetic anhydride rose again before the festival. As of February 8, the price of acetic anhydride was 8400.00 yuan / ton, up 3.28% from 8133.33 yuan / ton at the beginning of February.


Acetic acid price trend


As can be seen from the price trend chart of acetic acid, the price of acetic acid is rising this week, and the cost of raw materials for acetic anhydride is rising. With the coming of the Spring Festival, acetic acid enterprises stop to reduce the load more, the operating rate of acetic acid is low, the supply of acetic acid is insufficient, the shortage of acetic acid increases, the price of acetic acid rises, the cost of acetic anhydride rises, and the driving force of acetic anhydride rises.


Methanol price trend


From the methanol price trend chart, we can see that the methanol price first fell and then rose this week. Although the methanol price still fell slightly, the methanol price stopped falling and rebounded, the methanol market gradually recovered, the driving force of acetic anhydride cost rising and acetic anhydride rising increased.


Market summary and future forecast



Bai Jiaxin, acetic anhydride data analyst of business news agency, believes that since February, acetic acid prices have risen sharply, methanol prices have stopped falling and rebounded, acetic anhydride costs have risen, and acetic anhydride’s rising momentum has increased. The downstream customers are more resistant to the high price of acetic anhydride, and the price of acetic anhydride rises; the continuous rise of raw materials of acetic anhydride stimulates the price of acetic anhydride to rise, and the price of acetic anhydride rises again before the festival.