The price of acetic anhydride dropped sharply
| PVA 0588 ( PVA BP05) |
According to the data monitoring of the business community, the price of acetic anhydride rose sharply after the festival, but the rise of acetic anhydride did not last long. The price of acetic anhydride fell quickly after a short rise. As of October 19, the price of acetic anhydride was 5900 yuan/ton, down 3.80% from 6133.33 yuan/ton on October 13, and up 4.12% from 5666.67 yuan/ton on October 1; After the festival, the prices of acetic acid, methanol and acetic anhydride rose sharply; After that, the price of methanol fell sharply, the price of acetic acid fell with it, the rise of acetic anhydride was not supported enough, and the price of acetic anhydride fell.
The price of acetic acid has fallen recently
It can be seen from the trend chart of acetic acid price of the business community that the price of acetic acid rose first and then fell in October, and then rose briefly and fell rapidly after the festival. As of October 19, the price of acetic acid was 3660 yuan/ton, down 2.98% from 3772.50 yuan/ton on October 13. The cost decreased, and the driving force of acetic anhydride price increase weakened.
The price of methanol has dropped sharply recently
| POLYVINYL ALCOHOL |
It can be seen from the trend chart of methanol price of the business community that methanol rose briefly after the festival and then fell sharply. As of October 19, the price of methanol was 2886 yuan/ton, down 11.11% from 3246.67 yuan/ton on October 8. The price of methanol plummeted, the cost of downstream acetic acid and acetic anhydride decreased, and the downward pressure on acetic anhydride increased.
Future outlook
According to the acetic anhydride data analysts of the business community, after the festival, enterprises increased their stock replenishment, and acetic acid and acetic anhydride in the acetic anhydride industry chain rose at the same time. However, with the sharp drop in methanol prices, the support for the rise of acetic acid and acetic anhydride weakened, the price of acetic acid fell, the cost of acetic anhydride fell, and the price of acetic anhydride fell. Acetic anhydride prices are expected to fall in the future.
| http://www.polyvinylalcohols.com |