According to the data monitoring of the business agency, the price of acetic anhydride was adjusted in 2019, showing an overall “n” shape decline. As of December 17, the average price of acetic anhydride quoted by enterprises was 4475.00 yuan / ton, down 25.83% compared with 6033.33 yuan / ton quoted at the beginning of 2019 (January 1), and down 29.34% compared with the same period last year. Since October 2017, the price of acetic anhydride has remained high. Starting from the end of October 2018, the acetic anhydride price has started a long “return journey”. By December 2019, the average price of acetic anhydride had dropped to about 4400 yuan / ton, returning to the average price of acetic anhydride in 2017. In the price trend of acetic anhydride in 2019, the price of acetic anhydride is obviously divided into three stages.
| Azodicarbonamide (AC foaming Agent) |
The first stage: the price of acetic anhydride fell steadily
In addition to the short rebound of acetic anhydride caused by transportation and other factors during the Spring Festival of 2019, the first half of 2019 continued the downward trend of acetic anhydride since October 2018, and the price of acetic anhydride fell sharply. As of June 1, the price of acetic anhydride has dropped by 23.20% compared with the price at the beginning of the year.
The second stage: acetic anhydride price rising period
June August 2019 is the range of acetic anhydride price increase. As of August 17, 2019, the price of acetic anhydride is 7066.67 yuan / ton, 52.52% higher than that of June 1. Due to the centralized maintenance of acetic anhydride manufacturers in June and equipment explosion of acetic acid manufacturers in July, the price of acetic acid and methanol soared, the price of raw materials for acetic anhydride rose, and the price of acetic anhydride rose in a short term.
| EDTA |
The third stage: acetic anhydride market recovered and fell
Since late August, with the recovery of the operating rate of acetic anhydride enterprises, the price rise of acetic anhydride has been suspended and the price has fallen. Since September, the price of acetic acid and methanol, the raw material of acetic anhydride, has fallen sharply. As of December 19, the price of acetic anhydride is 4475.00 yuan / ton, 36.67% lower than the highest price in 2019 (August 17).
3、 Future forecast:
According to Bai Jiaxin, acetic anhydride data analyst of business association, the price of acetic anhydride in 2019 generally shows a downward trend. Although there was a short-term rise in June and July, it is more because of force majeure factors such as manufacturer’s equipment maintenance and equipment explosion, and the basic relationship between supply and demand of acetic anhydride has not changed fundamentally. After a short-term soaring, the price of acetic anhydride began to return to a downward trend. By December, the price of acetic anhydride fell back to about 4400 yuan / ton. The price has recovered to the average price level before the soaring price of acetic anhydride in 2017, and the supply and demand of acetic anhydride are basically balanced. The market of acetic anhydride in the future has lost the price support of acetic anhydride shortage. The price of raw materials of acetic anhydride is basically stable. It is expected that the price of acetic anhydride in the future will fluctuate and maintain stable. In 2020, the price of acetic anhydride will fluctuate with the price of raw materials and the impact of supply and demand, but it is difficult to have the market for 18 years. The price of acetic anhydride may fluctuate and adjust between 4400-5000.
| EDTA 2Na |