The price of raw materials fell, and the high price of acetic anhydride fell sharply in June

Acetic anhydride prices fell sharply in June

 

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According to the monitoring data of business agency, the price of acetic anhydride fell sharply in June, and the high level of acetic anhydride market fell back. As of June 30, the price of acetic anhydride was 7325 yuan / ton, down 14.33% from 8550 yuan / ton on June 1 at the beginning of the month. The price of acetic acid peaked and fell, the cost of acetic anhydride raw materials fell, and the downward pressure on acetic anhydride market increased.

 

The price of raw material acetic acid fell sharply in June

 

It can be seen from the trend chart of acetic acid price of business club that the price of acetic acid peaked and fell in June, and the overall acetic acid market fell sharply. As of June 30, the price of acetic acid was 4150 yuan / ton, down 24.68% from 5510 yuan / ton on June 1 at the beginning of the month. The price of acetic acid plummeted, the cost of acetic anhydride fell, and the downward pressure on acetic anhydride increased.

 

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Methanol prices rose first and then fell

 

It can be seen from the methanol price trend chart of business club that the methanol price first rose and then fell in June. The overall methanol market in June fluctuated and stabilized. As of June 30, the methanol price was 2620 yuan / ton, which was 2717.5 yuan / ton higher than that on June 1 at the beginning of the month. The methanol price was relatively stable. The price of methanol has stabilized, the cost of raw materials of acetic anhydride has stabilized, and the upward momentum of acetic anhydride has weakened.

 

Outlook

 

According to the acetic anhydride data analyst of business agency, the price of raw acetic acid plummeted in June, the cost of acetic anhydride fell, and the downward pressure on acetic anhydride increased; In June, there were many maintenance enterprises in the acetic acid industry chain, and the supply of acetic acid decreased. In the off-season, the pressure of acetic anhydride decline increased. In general, the price of acetic anhydride raw materials fell, and the market demand was off-season. It is expected that the price of acetic anhydride will fluctuate and fall in the future.

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