Acetic acid: China's acetic acid market trends on June 11

On June 11, the acetic acid price index was 3,174.57, up 21.72.

On June 11, the market price of glacial acetic acid in China increased within a narrow range. Recently, due to accidental equipment failures and low pressure on overall sales of the factory, the price is relatively firm. Today, the price of glacial acetic acid in Jiangsu in East China was reported at 3,050 - 3,150 yuan/ton, and the market price in Zhejiang was reported at 3,200 - 3,250 yuan/ton. Traders 'offers have increased, and there are not many sources available for sale in the factory as a whole. Market prices in Shandong increased within a narrow range, and factory prices in the region rose. On the whole, it is expected that the acetic acid market price will be high in the short term, but attention should also be paid to the follow-up of downstream demand.

On June 11, the market price of ethyl acetate in China was temporarily stable, and the market price in North China remained stable. Major factories in Shandong competed for sales, the starting price was stable, and downstream procurement enthusiasm was moderate. The price of ethyl acetate market in East China remained stable, and the market purchasing atmosphere was general. Although the raw material side was rising, the overall market buying was cautious. Market prices in South China have increased within a narrow range. The rise in raw material acetic acid prices has supported the market mentality. The region has continued to push up operations, and the downstream is cautiously following up.  

Unit: yuan/ton