Price trend

According to the data monitoring of the business association, the price of acetic anhydride rose all the way in April. On April 27, the price of acetic anhydride rose by 500 yuan / ton in a single day. In April, the price of acetic anhydride soared. The price of acetic anhydride set a record, and the price of acetic anhydride rose to the sky. On April 27, the price of acetic anhydride was 11833.33 yuan / ton, up 26.56% from 9350.00 yuan / ton on April 1. Some manufacturers offer up to 12500 yuan / ton.

Acetic acid price trend

As can be seen from the price trend chart of acetic acid, the price of acetic acid rose sharply in April, and the market of acetic acid rose all the way. It is difficult to determine the schedule for the start-up of Shunda acetic acid plant. The unexpected shutdown of Jiangsu Sopu acetic acid plant resulted in insufficient supply of acetic acid, which stimulated the rise of acetic acid price. In April, the price of acetic acid soared all the way, and the raw material cost of acetic anhydride rose, which pushed the price of acetic anhydride up.

Specific value index of acetic acid and acetic anhydride

According to the monitoring of business news agency, the commodity price index of acetic acid and acetic anhydride on April 26 was 144.32, up 0.43 points from yesterday, down 2.05% from the highest point of 147.34 points (2021-04-11) in the cycle, and up 106.94% from the lowest point of 69.74 points on August 4, 2016（ Note: period refers to the period from January 1, 2015 to now). The prices of acetic acid and acetic anhydride both reached record highs. The price comparison index of acetic acid and acetic anhydride reached record highs on April 11. The price comparison index reached record highs in April, and the driving force for acetic anhydride to rise increased.

Methanol price trend

It can be seen from the methanol price trend chart that the methanol price fluctuated and rose in April, and the methanol rise slowed down in late April. In April, the start-up of methanol enterprises recovered slowly, and the methanol supply increased; Some olefin enterprises in the downstream of methanol are supported by outsourcing, the methanol port inventory is reduced, the support of methanol price rise is limited, the methanol price fluctuation is mainly sorted out, and the support of methanol to acetic anhydride rise is limited.

Market summary and future forecast

Bai Jiaxin, acetic anhydride data analyst of business news agency, believes that the price of raw materials continues to soar, and the cost of acetic anhydride rises sharply, which stimulates the price of acetic anhydride to rise again and again. Some acetic anhydride manufacturers have quoted a sky high price of 12500 yuan / ton, and the actual price of some downstream customers is more than 13000 yuan / ton. Such a high price of acetic anhydride is far beyond the affordability of downstream customers. Some downstream customers of acetic anhydride have stopped production and become more resistant to the high price of acetic anhydride. However, due to the high cost of acetic anhydride and the lack of price reduction space of acetic anhydride, the future market of acetic anhydride is in a dilemma. Overall, the cost of acetic anhydride remains high in the future, and the driving force of acetic anhydride rising is increasing. Downstream customers started to reduce, the resistance to high acetic anhydride is larger, acetic anhydride drop pressure increased. Under the double pressure, it is expected that the price of acetic anhydride will continue to rise in the future, but the rising trend is expected to slow down. Acetic anhydride manufacturers may lower their profit expectations to ensure downstream customers to start.