Price trend

According to the data monitoring of the business association, the market of acetic anhydride rose after the festival, and the price of acetic anhydride rose again. As of February 20, the price of acetic anhydride was 8633.33 yuan / ton, up 2.78% from 8400.00 yuan / ton before the festival (February 10).

Acetic acid price trend

It can be seen from the price trend chart of acetic acid that Hualu Hengsheng’s acetic acid equipment was shut down for maintenance after the festival, and the supply of domestic acetic acid raw materials decreased; the acetic acid manufacturers in Celanese, Texas, USA were shut down due to the cold wave, and the external price of acetic acid rose sharply, which stimulated the rise of domestic acetic acid price. The supply of acetic acid as raw material of acetic anhydride decreased, and the external price rose sharply, which stimulated the domestic acetic acid price to rise sharply. The cost of acetic anhydride rose, and the power of acetic anhydride rising in the future increased.

Market summary and future forecast

Bai Jiaxin, acetic anhydride data analyst of business news agency, believes that before and after the Spring Festival, the starting of acetic acid enterprises was low, the parking and maintenance of acetic acid enterprises increased, the domestic supply of acetic acid was insufficient, and the driving force of acetic acid price rise increased; in the external market, the parking of acetic acid equipment in Celanese, Texas, United States, and the external price soared, stimulating the domestic acetic acid price rise. The price of acetic acid rises, the raw material cost of acetic anhydride rises, and the driving force of acetic anhydride rises. It is expected that the market of acetic anhydride will rise, and the price of acetic anhydride will fluctuate in the future.