Acetic anhydride prices fell slightly this week

According to data monitoring by Business News Agency, as of March 20, the price of acetic anhydride was 5275 yuan/ton, down 0.47% from 5300 yuan/ton on March 10; The price of acetic anhydride increased by 0.24% compared to 5262.50 yuan/ton on March 1. The price of raw materials fell and cost support was insufficient. The price of acetic anhydride fell slightly this week.

Acetic acid prices fluctuated and fell this week

As can be seen from the acetic acid price trend chart of the business community, as of March 20, the acetic acid price was 3200 yuan/ton, a decrease of 2.54% compared to the acetic acid price of 3283.33 yuan/ton on March 3; The price of acetic anhydride increased by 1.59% compared to 3150 yuan/ton on March 1. In March, the price of acetic acid rose first and then fell. This week, the price of acetic acid fluctuated and fell. The cost of acetic anhydride was not supported by rising costs. The upward momentum of acetic anhydride weakened and the downward pressure increased.

Methanol prices fluctuated and consolidated this week

As can be seen from the methanol price trend chart of the Business Club, as of March 20, the methanol price was 2633.33 yuan/ton, an increase of 0.48% compared to the price of 2620.83 yuan/ton on March 10. This week, methanol prices fluctuated and consolidated, the cost of acetic acid stabilized, and the price of raw materials for carbonyl acetic anhydride stabilized. However, downward pressure on acetic anhydride remained.

Future prospects

Analysts from the Business News Agency’s acetic anhydride data believe that the price of acetic acid has fluctuated and fallen this week, while the price of methanol has fluctuated and consolidated, resulting in a decrease in the cost of acetic anhydride. In the future, there is still pressure on the cost of acetic anhydride to decline, and it is expected that the price of acetic anhydride will stabilize due to fluctuations in the future.