Acetic acid: China's acetic acid market trends on April 3

The acetic acid price index on April 3 was 3,035.71, which was stable compared with the previous working day.

   On April 3, China's glacial acetic acid market stabilized. The inventory of enterprises in Shandong is not high, and the offers are pushing up. Downstream just needs procurement. Local companies in North China have low inventories and stable offers. Downstream digestion long-term contracts, and spot negotiations are cautious as the holidays approach. Port offers in South China are stable, downstream purchases are just needed, and on-site trading atmosphere is general. Enterprise inventories in East China are not high, and the atmosphere in the north is limited. Market negotiations are cautious as the holidays approach, and operators pay more attention to changes in the market outlook.

On April 3, China's ethyl acetate market stabilized, and Shandong's main factories quoted stable. Two quotations were made, but none were made. The pre-holiday market in East China has not changed much, with shipments mainly. Recent market benefits are limited, and the upward impact of acetic acid is general. The market in South China is quiet before the holiday and has a great impact on transportation. Therefore, holders hold firm offers and wait and see demand after the holiday.

   Unit: yuan/ton