[Acetic Acid Daily Review]: China's Acetic Acid Market Trends on February 19

The acetic acid price index on February 19 was 3,096.43,+7.14 from the previous working day.

    On February 19, some regions of China's glacial acetic acid market rose. The second-phase acetic acid plant in Shandong Dachang was shut down, and the company's inventory increased slightly, but there was no sales pressure. There was an impact on low-cost sources, and prices remained. Downstream demand in East China is recovering, and prices remain stable. Prices of goods in the northwest of North China are low, local offers are still high, and the market range is wide. Downstream just needs procurement.

On February 19, the ethyl acetate market was weak, and the price of large factories in Shandong was lowered by 30 yuan/ton, and the transaction was average. The price of a large factory in East China was lowered, and market transactions were average. Prices in South China remained stable.

   Unit: yuan/ton