Demand was weak,acetic anhydride price fall this week (5.13-5.17)

First, the price trend: The price of acetic anhydride fell this week, according to business data monitoring.

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As of May 17, acetic anhydride enterprises quoted an average price of 4950.00 yuan/ton, compared with the earlier this week acetic anhydride quote 5083.33 yuan/ton, the price fell 2.62%, compared with the last weekend quoted 5233.33 Yuan/ton fell, a decrease of 5.41%; the price is 38.7% lower than the price of acetic anhydride in the same period last year.

Second, the market analysis:

Product Analysis: This week the domestic acetic anhydride factory offer fell, the market transaction price fell. As of May 17, most of the factory prices in 4800-5000 yuan/ton, the actual transaction price fell, the actual transaction price in Shandong region in 4850 yuan/ton, the price fell, the market quotation for the reference price, the actual transaction price to the actual consultation prevail.

Acetic anhydride factory equipment construction rate to maintain a high, but the downstream sales of acetic anhydride cold, acetic anhydride market in general, after the fall of acetic anhydride pressure is greater.

Analysis of industrial chain factors:

Product Name

Specifications

Quotation area

5.13

5.14

5.15

5.16

5.17

Change

Year%

Unit

Acetic anhydride

Premium Products

Shandong

5083.33

4983.33

4950.00

4950.00

4950.00

-133.33

-2.62

RMB/ton

Acetate

Premium Products

East

2616.67

2616.67

2616.67

2616.67

2616.67

0

0

RMB/ton

Methanol

Premium Products

Shandong

2234.00

2252.00

2260.00

2266.00

2280.00

46.00

2.06

RMB/ton This week acetic anhydride raw materials acetic acid prices temporarily stable, methanol price shock rose. As of May 17, acetic acid quoted 2680.00 yuan/ton, compared with the beginning of this week acetic acid price stability, this week methanol price shock rose, as of May 17, methanol quote 2280.00 yuan/ton, methanol price increased 2.06% this week, acetic anhydride cost rise, the acetic anhydride market has a positive impact,

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After the aftermarket acetic anhydride has a certain upward momentum.

Third, the forecast of the aftermarket: Business Society acetic anhydride data analyst Baijia believes that this week acetic anhydride raw materials acetic acid price temporarily stable, methanol price shock rise, acetic anhydride cost rise, acetic anhydride price has a certain upward momentum. Recently, acetic anhydride manufacturers started high rate, adequate supply, demand, the recent downstream procurement in general, acetic anhydride sales pressure, acetic anhydride market negative impact is greater. Overall, acetic anhydride market is mixed, the cost of acetic anhydride increased, acetic anhydride decline space is limited, acetic anhydride supply is sufficient, downstream demand in general, overall oversupply, acetic anhydride market is more than good, but acetic anhydride decline space is limited, expected after the fall of acetic anhydride price shock stability.

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