Acetic acid: China's acetic acid market trends on April 30

The acetic acid price index on April 30 was 3120, unchanged from yesterday.

  On April 30, the price of China's glacial acetic acid market temporarily stabilized. On the last working day before the festival, operators were not enthusiastic about entering the market to replenish goods. Specifically, prices in the North China market are stable and the market trading atmosphere is average. Prices in the South China market are stable. Today's market price is reported at 3,100 - 3,150 yuan/ton. The overall market buying atmosphere is not good. Market prices in Shandong are stable. 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 30, China's ethyl acetate market stabilized slightly, and quotations in some regions fell back. Today, quotations in North China were lowered. Major factories in Shandong bid for sales, and the starting price continued to be lowered, resulting in poor transactions. Market prices in East China are stable, the market transaction atmosphere is dull, and most delisted consume inventory. Market prices in South China are stable, pre-holiday transactions are flat, and some post-holiday replenishment operations have an average atmosphere.

   Unit: yuan/ton