Acetic acid: China's acetic acid market trends on May 6

On May 6, the acetic acid price index was 3,121.43, an increase of 1.43 from the previous working day and an increase of 0.05% month-on-month.

 On May 6, the price of glacial acetic acid in China stabilized and fluctuated slightly, and market quotations in some regions were raised. During the holiday period, factory prices mostly stabilized and operated. Affected by logistics restrictions in some areas, inventories may rise. Prices in the South China market are stable. Today's market price is quoted as 3,100 - 3,150 yuan/ton, and the market transaction atmosphere is general. Market prices in Shandong are stable. Prices are mostly stable during the holidays, but factory prices are stable today. Market quotations in North China have increased, prices in surrounding areas have increased, and the low-end market has followed suit. At present, the acetic acid market price is expected to stabilize and move slightly in the short term.

On May 6, China's ethyl acetate market fluctuated upward. Today, the quotation in North China was raised. The main factories in Shandong were bidding for sales, and the main factories in Shandong were bidding for sales. The starting price was raised. After the holiday, there was a demand for replenishment in the downstream, and the transaction atmosphere was good. Market prices in East China are stable, the market transaction atmosphere is dull, and most delisted consume inventory. Market prices in South China have increased within a narrow range. After the holiday, downstream stocks and replenishment demand are needed, and the market transaction atmosphere is still good. The market price of ethyl acetate in East China rose. After the holiday, downstream storage and replenishment demand increased. The market transaction price rose and the atmosphere was mild.

   Unit: yuan/ton