Acetic acid: China's acetic acid market trends on April 15

The acetic acid price index on April 15 was 3,164.29, compared with 45.71 on the previous working day.

   On April 15, China's glacial acetic acid market rose. Local enterprises in Shandong have tight reserves and higher offers. The impact of low foreign goods prices has widened the market range. Operators operate cautiously. Local enterprises in North China have tight reserves and high offers. The price of goods in the northwest is low, and the price of delivery is low. The market range has widened and on-site transactions have become rigid. An unexpected stop of installations in Nanjing, East China, and a strong rise in the north, but the trading atmosphere on the venue was cautious and traders were cautious in offering. Downstream just needs procurement. The mentality of the industry is relatively general. Driven by the atmosphere of southern and northern China, ports rose slightly. Downstream buying is average.

On April 15, China's ethyl acetate market stabilized, the quotations of major factories in Shandong were stable, and the raw material acetic acid continued to rise, but downstream demand was limited and not all transactions were completed. East China is stable, and downstream is just in need of procurement. Prices in South China maintained a stable trend.

   Unit: yuan/ton