Acetic acid: China's acetic acid market trends on April 22

On April 22, the acetic acid price index was 3270, maintaining the previous working day.

 On April 22, the price of glacial acetic acid in China fell within a narrow range, and the market transaction atmosphere was limited. Quotations in Shandong and North China remained stable, and the volume of market transactions was limited. Quotes in East China fell back, quotations in the region gradually loosened, and the trading atmosphere was general. Today, the quotation in Jiangsu was lowered to 3135 yuan/ton, and the quotation in Zhejiang was lowered to 3250 yuan/ton. Volatility in the South China market was limited, the market transaction atmosphere was light, and prices fell. At present, the acetic acid market price is expected to operate weakly in the short term.

On April 22, China's ethyl acetate market was lowered, and the transaction prices of mainstream factories in East China were lowered. There were many inquiries in the market, and the trading volume was limited. Shandong's major factories competed for sales, and the starting price was slightly lowered. Most of the transactions were concentrated at the low-end level, and they just needed to purchase. The market in South China has not changed much, cost support is still acceptable, downstream procurement atmosphere is light, and orders are just in need of execution.

   Unit: yuan/ton