Price trends:

According to the monitoring data of business associations, as of January 25, the average price of acetic anhydride quoted by enterprises was 6,100.00 yuan/ton, up 1.38% from last weekend’s price, and this week’s price of acetic anhydride rose.

2. Market analysis:

Product analysis:

This week, domestic acetic anhydride factory quotations rose, market prices rose. Most of the region’s ex-factory quotation is 6000-6300 yuan/ton, the actual transaction price rises, Shandong’s actual transaction price is about 5950-6100 yuan/ton, the price rises, Jiangsu’s transaction price is about 6250 yuan/ton, the market quotation is the reference price, the actual transaction price is based on actual negotiation.

Factor analysis of industrial chain:

The price of acetic acid rose this week. As of January 25, the price of acetic acid was 3166.67 yuan/ton, up 67 yuan/ton, or 2.15 percent, compared with the price of acetic acid at the beginning of the week. This week, methanol prices surged. As of January 25, the price of methanol quoted 2214.00 yuan/ton. This week, methanol prices rose 4 yuan/ton, or 0.18%, acetic anhydride costs rose. The stock of vinegar anhydride is coming soon. The purchase enthusiasm of downstream customers is rising. The demand for acetic anhydride is rising. The market of acetic anhydride is good.

3. Future market forecast:

Bai Jiaxin, a data analyst for acetic anhydride in business associations, believes that the price of acetic anhydride has risen this week. This week’s rise in raw material prices and the cost of acetic anhydride have a positive impact on the market of acetic anhydride. The overall price of acetic anhydride has a certain upward momentum. Spring Festival procurement is imminent, downstream procurement is active, the demand for acetic anhydride is rising, the overall market of acetic anhydride is good. The price of acetic anhydride is expected to rise in the future.