Demand was weak, and acetic anhydride prices fell this week (5.6-5.10)

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

As of May 10, acetic anhydride enterprises quoted an average price of 5233.33 yuan/ton, compared with the earlier this week acetic anhydride quote 5366.67 yuan/ton, the price fell 2.48%, compared with the last weekend quoted 5533.33 Yuan/ton fell, a decrease of 5.42%; the price is 33.81% lower than the price of acetic anhydride in the same period last year.

PVA 1788 (PVA BP17)

Second, the market analysis:

Product Analysis: This week the domestic acetic anhydride factory offer fell, the market transaction price fell. As of May 10, most of the factory prices in 5000-5300 yuan/ton, the actual transaction price fell, the actual transaction price in Shandong region in 5100 yuan/ton, the price fell, the market quotation for the reference price, the actual transaction price to the actual consultation prevail.

Acetic anhydride factory repair end, equipment start 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.

PVA 1799 (PVA BF17)

Analysis of industrial chain factors:

Product Name

Specifications

Quotation area

5.6

5.7

5.8

5.9

5.10

Change

Year%

Unit

Acetic anhydride

Premium Products

Shandong

5366.67

5333.33

5300.00

5300.00

5233.33

-133.34

-2.48

RMB/ton

Acetate

Premium Products

East

2633.33

2616.67

2616.67

2616.67

2616.67

-16.66

-0.63

RMB/ton

Methanol

Premium Products

Shandong

2178.00

2200.00

2250.00

2250.00

2248.00

70.00

3.21

RMB/ton This week acetic anhydride raw materials acetic acid price shock fell, methanol price shock rose. As of May 10, acetic acid quoted 2616.67 yuan/ton, the price of acetic acid decreased by 16.66 yuan/ton earlier this week, a decrease of 0.63%.

This week methanol price shock rose, as of May 10, methanol quote 2248.00 yuan/ton, this week methanol prices rose 3.21%, acetic anhydride cost rise, acetic anhydride market has a positive impact, after the after-effects of 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 prices fell, methanol price shock rose, 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 drop space is limited, the overall shock stability is expected after the price of acetic anhydride.

PVA 1788 (PVA BP17)