Price trends:

The price of acetic anhydride remained stable in July, according to monitoring data from business associations. As of July 13, the average price of acetic anhydride quoted by acetic anhydride enterprises was 5133.33 yuan/ton, which was 0.65% higher than that of 5,100 yuan/ton at the beginning of the month. This week, the price of acetic anhydride remained stable, and the overall price of acetic anhydride remained stable in the near future. The price of acetic anhydride fell 32.57% compared with the same period last year.

II. Market analysis:

Product analysis:

This week, the domestic acetic anhydride factory quotation is stable, and the market transaction price is stable. As of July 12, most of the region’s ex-factory quotations were between 4900 and 5000 yuan/ton. The actual transaction price was stable. The actual transaction price in Shandong was around 4900 yuan/ton. The price was stable. The market quotation was the reference price. The actual transaction price was based on actual negotiation. Acetic anhydride factory equipment start-up rate is low maintenance, factory inventory is limited, downstream customers pick up goods cautiously, acetic anhydride downstream sales situation is general, acetic anhydride rising momentum weakened in the future, acetic anhydride market maintained stable in the future.

Factor analysis of industrial chain:

Recently, acetic anhydride raw material acetic acid price shocks down, methanol price shocks down, acetic anhydride costs down. As of July 12, the price of acetic acid was 2633.33 yuan/ton, down 83.34 yuan/ton, or 3.02 percent, compared with the price of acetic acid at the beginning of the month. As of July 12, the price of methanol quoted 2134.00 yuan/ton, and the price of methanol dropped 2.02%. The overall cost of acetic anhydride dropped, which had a negative impact on the market of acetic anhydride, and the momentum of acetic anhydride rising in the future weakened.

3. Future market forecast:

Bai Jiaxin, an analyst of acetic anhydride data from business associations, believes that the price of acetic anhydride raw materials has fallen recently, the price of methanol has fallen sharply, the cost of acetic anhydride has fallen, and the pressure on the price of acetic anhydride has increased. However, in recent years, acetic anhydride manufacturers have maintained a low start-up rate, limited inventory, acetic anhydride has a certain upward momentum; demand, recent downstream procurement on demand, procurement enthusiasm is general, acetic anhydride sales pressure, the market for acetic anhydride is mixed. Generally speaking, the market of acetic anhydride is mixed, the pressure of acetic anhydride falling still exists, and the momentum of rise is insufficient. It is expected that the market of acetic anhydride will remain weak and stable in the future.