In January, acetic acid led to a sharp rise in the price of acetic anhydride

Price trend

 

Azodicarbonamide (AC foaming Agent)

According to the data monitoring of the business association, affected by the shortage of acetic acid, the market of acetic anhydride rose sharply in January, and the price of acetic anhydride rose sharply. As of January 30, the price of acetic anhydride was 8133.33 yuan / ton, up 9.91% from 7400.00 yuan / ton in early January. The price of acetic anhydride rose for four consecutive months.

 

Acetic acid price trend

 

As can be seen from the price trend chart of acetic acid, the price of acetic acid rose sharply in January, and the cost of raw materials for acetic anhydride rose. Because the acetic acid enterprises stop to reduce the load more, the operating rate of acetic acid is low, the supply of acetic acid is insufficient, the shortage of acetic acid is increasing, the rising power of acetic acid is increasing, the cost of acetic anhydride is rising, and the rising power of acetic anhydride is increasing.

 

Methanol price trend

 

It can be seen from the methanol price trend chart that the methanol price fluctuated and adjusted in January, the overall methanol price fell slightly, the methanol price of acetic anhydride raw material was stable, the acetic anhydride cost was stable, and the power of acetic anhydride rising was limited.

 

Monthly rise and fall of acetic anhydride price

 

From the monthly K-bar chart of acetic anhydride price, it can be seen that the price of acetic anhydride has increased for four consecutive months since October 2020. Affected by the decline of equipment start-up of acetic anhydride enterprises and the rise of raw material costs, the price of acetic anhydride has been rising continuously since October 2020, and the price of acetic anhydride remains high.

 

Market summary and future forecast

 

Bai Jiaxin, an acetic anhydride data analyst at business news agency, believes that the sharp rise in acetic acid prices has driven the rise in acetic anhydride prices. However, with the stable equipment start-up of acetic acid enterprises, the shortage of acetic acid has been alleviated. With the loss of support, the price of acetic acid is expected to stabilize or fall in the future, the cost of raw materials for acetic anhydride is declining, and the price of acetic anhydride is out of support. Moreover, with the coming of the new year, the number of acetic anhydride downstream enterprises is increasing, the downstream customers are more resistant to high price acetic anhydride, and the driving force of acetic anhydride rising is weakened. Generally speaking, the cost support of acetic anhydride in the future is insufficient, the demand support is declining, the price of acetic anhydride is weak and stable before the year, and acetic anhydride may face retaliatory growth after the year.

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