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Acetic acid: On June 26, the domestic acetic acid market stabilized and moved slightly

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June 26, 2024, 4:47 PM

On June 26, the acetic acid price index was 3,126.43, unchanged from yesterday.

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On June 26, the domestic glacial acetic acid market price stabilized and moved slightly. Market quotations in some areas were slightly adjusted. Downstream players were generally enthusiastic about entering the market to replenish goods, and the market transaction volume was limited. Specifically, acetic acid prices in East China fell within a narrow range, and market sentiment was poor. Factory prices in the Shandong market fell, the market followed suit, and goods from surrounding areas flowed in. 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.

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On June 26, the domestic ethyl acetate market price was temporarily stable, and the ethyl acetate market price in North China was stable. Major factories in Shandong bid for sales, the starting price was stable, and transactions continued to increase. The price of ethyl acetate in East China has been lowered, and some orders have just been executed. Enquiries have increased slightly, and the atmosphere is mild. Market prices in South China are operating at a weak level, spot purchases are insufficient, and the market transaction atmosphere is limited.

Unit: yuan/ton