According to the data monitoring of business association, the price of acetic anhydride finally reached the top in May, and the price of acetic anhydride fell in May. On May 12, the price of acetic anhydride was 12000.00 yuan / ton, down 333.33 yuan / ton or 2.70% from 12333.33 yuan / ton on May 1.
Acetic acid price trend
As can be seen from the price trend chart of acetic acid, the price of acetic acid fluctuated and fell by 1.25% in May. After the Spring Festival, the price of acetic acid continued to rise by 60%. The price of acetic acid continued to rise because of the positive stimulation. After the May Festival, the positive support of acetic acid was not there, and the price of acetic acid fluctuated and fell.
Specific value index of acetic acid and acetic anhydride
According to the monitoring of business news agency, the commodity price index of acetic acid and acetic anhydride on May 11 was 140.75, up 1.75 points from yesterday, down 4.47% from the highest point 147.34 (2021-04-11) in the cycle, and up 101.82% from the lowest point 69.74 on August 4, 2016（ Note: period refers to the period from January 1, 2015 to now). The price of acetic acid fluctuated and fell, which was bad for acetic anhydride market.
Market summary and future forecast
Bai Jiaxin, acetic anhydride data analyst of business news agency, believes that after the May Day holiday, the price of acetic acid fluctuated and fell, the positive support of acetic acid was not available, and the cost of acetic anhydride decreased. Due to the historical high price of acetic anhydride, the downstream customers of acetic anhydride had a greater resistance to high price of acetic anhydride, and the downstream enterprises of acetic anhydride stopped work more under the cost pressure, and the demand for acetic anhydride was insufficient, the positive support of acetic anhydride was not available, and the price of acetic anhydride fell. Acetic anhydride price is expected to fall in the future.