Cost reduction, low demand, acetic anhydride price falls in shock this week

The price of acetic anhydride rose first and then fell in November

 

PVA 0599 (PVA BF05)

According to the data monitored by the business association, the price of acetic anhydride fell in a volatile manner this week. As of December 5, the price of acetic anhydride was 5700 yuan/ton, down 1.16% from 5766.67 yuan/ton on November 27. The decline of acetic anhydride remained this week, and the price of acetic anhydride fell slightly.

 

The price of acetic acid fell sharply this week

 

POLYVINYL ALCOHOL

It can be seen from the price trend chart of acetic acid in the business community that as of December 5, the price of acetic acid was 3307.50 yuan/ton, down 0.75% from 3332.50 yuan/ton on November 27. The price of acetic acid fell sharply this week, the cost of acetic anhydride decreased, and the downward pressure on acetic anhydride increased.

 

Methanol prices fell sharply this week

 

It can be seen from the methanol price trend chart of the business community that as of December 5, the methanol price was 2670 yuan/ton, down 5.04% from 2811.67 yuan/ton on November 27. Methanol prices fell in shock this week. Market insiders entered the market cautiously. The methanol market fell weakly, and acetic anhydride fell under great pressure.

 

Future outlook

 

According to the acetic anhydride data analysts of the business community, due to the impact of the epidemic, acetic acid enterprises have difficulty in shipping. With the relaxation of epidemic control, transportation has resumed, and the price of acetic acid is weak and stable; Downstream demand remained weak, while acetic anhydride prices fell in shock. In the future, the cost of acetic anhydride is weak and the demand is weak, and the price of acetic anhydride is weak and stable.

http://www.polyvinylalcohols.com

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