Acetic acid: China's acetic acid market trends on June 4

On June 4, the acetic acid price index was 3,147.86, unchanged from yesterday.

On June 4, the market price of glacial acetic acid in China stabilized slightly. Today, the market price in East China is temporarily stable. Today, the price in Jiangsu is reported to be 3,000 - 3,150 yuan/ton, and the price in Zhejiang is reported to be 3,150 - 3,250 yuan/ton. Market prices in Shandong are stable. Market prices in South China have temporarily stabilized, traders have average shipment sentiment, and market transaction atmosphere is average. On the whole, the acetic acid market price is expected to stabilize and change slightly in the short term, but attention needs to be paid to the follow-up of downstream demand.

On June 4, the market price of ethyl acetate in China was temporarily stable. Today, prices in North China were temporarily stable. Major factories in Shandong were bidding for sales, the starting price was stable, and the purchasing atmosphere was flat. Market prices in East China have temporarily stabilized, with small orders dominated by purchases, and no obvious enthusiasm has been seen. Market prices in South China are temporarily operating steadily, and operators are cautious, buying is not active for the time being, and purchasing is mainly in need of purchase.  

Unit: yuan/ton