Acetic acid: On June 24, the domestic acetic acid market temporarily stabilized

On June 24, the acetic acid price index was 3,135.71, maintaining the previous working day.

On June 24, the domestic glacial acetic acid market price was temporarily stable. The downstream market was generally enthusiastic about replenishing goods and entering the market, and the market transaction volume was limited. Specifically, today, acetic acid prices in East China are temporarily stable, and market sentiment is poor. Market prices in Shandong fell within a narrow range. 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 24, the domestic market price of ethyl acetate fell within a narrow range, and the market price of ethyl acetate in North China dropped slightly. Major factories in Shandong bid for sales, and the starting price was lowered. Procurement was mainly needed, with production and sales balanced. The price of ethyl acetate market in East China has been lowered, the pace of downstream procurement has been flat, spot buying has been limited, and upstream shipments are the main focus. Market prices in South China are operating at a weak level, spot purchases are insufficient, and the market transaction atmosphere is limited.