Acetic acid: China's acetic acid market trends on April 24

On April 24, the acetic acid price index was 3205, down 30.72 from yesterday and 0.95% month-on-month.

 On April 24, the market price of glacial acetic acid in China continued to decrease slightly. Before May Day, downstream operators had a general mood to stock up on the market, and mainly replenished goods on demand. Market quotes in East China have been lowered, and the overall market transaction atmosphere is light. Quotations in the North China market fell, prices in surrounding areas fell, and the local market followed suit. Prices in the South China market fell slightly, and the overall market buying atmosphere was poor. Market prices in Shandong have temporarily stabilized. At present, the overall enthusiasm for receiving goods in the downstream market is not good, and the acetic acid market price is expected to be weak in the short term.

On April 24, China's ethyl acetate market was temporarily stable, and prices in the East China market were stable. Major factories in Shandong competed for sales, and the starting price was stable. The market transaction volume was average, and the industry was gradually cautious. Market quotations in East China are stable, and the decline in raw materials has affected market mentality, resulting in sporadic inquiry demand. The market in South China has not changed much, and most operators in the market have a clear wait-and-see attitude.