Acetic anhydride prices fluctuated and fell in April

According to the Commodity Market Analysis System of the Business Society, as of April 26th, the price of acetic anhydride was 5450 yuan/ton, a fluctuation decrease of 0.23% compared to the price of 5462.50 yuan/ton on April 1st. The price of raw material acetic acid fluctuated and fell, weakening cost support, and the price of acetic anhydride fluctuated and fell in April.

Acetic acid prices fluctuated and fell in April

According to the market analysis system of acetic acid products in the Business Society, as of April 26, the price of acetic acid was 3250 yuan/ton, a fluctuating decrease of 1.02% compared to the price of 3283.33 yuan/ton on April 1. In April, the price of acetic acid fluctuated and fell. Acetic acid companies started at a low level, and the supply of acetic acid was insufficient. The support for the rise in acetic acid prices weakened, and the downward pressure increased. In the future, the downward pressure on acetic anhydride increased.

Methanol prices fluctuated and fell in an N-shaped pattern in April

According to the methanol commodity market analysis system of the Business Society, as of April 26, the price of methanol was 2491.67 yuan/ton, a fluctuating decrease of 2.73% compared to the price of methanol on April 1, which was 2561.67 yuan/ton. In April, the price of methanol fluctuated and fell, while the cost of acetic acid decreased. In the future, the downward pressure on acetic anhydride increased.

Future prospects

Analysts from Business Society’s Acetic Anhydride Data believe that in April, the prices of acetic acid and methanol fluctuated and fell, resulting in a decrease in acetic anhydride costs, low operating rates among acetic anhydride manufacturers, and insufficient supply of acetic anhydride. In the future, the cost of acetic anhydride has decreased and the supply is temporarily stable. It is expected that the price of acetic anhydride will weaken and stabilize in the future.