Acetic acid: China's acetic acid market dynamics on June 5

On June 5, the acetic acid price index was 3150, an increase of 2.14 from yesterday and an increase of 0.07% month-on-month.

On June 5, the market price of glacial acetic acid in China stabilized and fluctuated 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. The overall transaction atmosphere in the venue is general. Market prices in Shandong increased within a narrow range, and factory prices rose. 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 5, the market price of ethyl acetate in China was temporarily stable. Today, prices in North China were temporarily stable. The main factories in Shandong were bidding for sales, and the starting price was stable. Some of them just needed to buy, so the market mentality was cautious. The price of ethyl acetate market in East China remained stable, the downstream mentality was insufficient to follow up, and the transaction atmosphere was general. Market prices in South China are temporarily stable, and spot prices are just in need of negotiation, and trading sentiment is average.  

Unit: yuan/ton