Price trends:
According to the monitoring data of business associations, as of March 22, the average price of acetic anhydride enterprises was 5933.33 yuan/ton, which was 2.73% lower than that of 6,100.00 yuan/ton at the beginning of this week, and 25.37% lower than that of acetic anhydride in the same period last year.
2. Market analysis:
Product analysis:
| Gamma PGA 30% fertiliser grade |
Domestic acetic anhydride ex-factory quotations fell this week, and market prices fell. Most of the region’s ex-factory quotation is between 5600 and 6000 yuan/ton. The actual transaction price has fallen. In Shandong, the actual transaction price is between 5600 and 5900 yuan/ton. The price has fallen. The market quotation is the reference price, and the actual transaction price is based on actual negotiation. Acetate anhydride factory start-up rate maintained a high level, but the downstream sales of acetic anhydride was cold, acetic anhydride market was general, after the fall of acetic anhydride.
Factor analysis of industrial chain:
| Gamma PGA 30% agriculture |
The price of acetic acid fell sharply this week. As of March 22, the price of acetic acid was 2 950.00 yuan/ton, down from the beginning of the week. The price of acetic acid fell 0.56% this week. The price of methanol fell this week. As of March 22, the price of methanol was 2360.00 yuan/ton. This week, the price of methanol fell by 2.48%. The cost of acetic anhydride fell, which had a negative impact on the market of acetic anhydride.
3. Future market forecast:
Bai Jiaxin, a data analyst for acetic anhydride in business associations, believes that the price of raw materials for acetic anhydride has fallen this week, the cost of acetic anhydride has fallen, and the pressure on the overall price of acetic anhydride has increased. In recent years, acetic anhydride manufacturers have a high starting rate, adequate supply and demand. Recent downstream purchases are general. The sales pressure of acetic anhydride is high, which has a great impact on the market of acetic anhydride. The overall market for acetic anhydride is negative, and the price of acetic anhydride is expected to fall in the future.
| Gamma PGA |