Acetic acid: On June 28, the domestic acetic acid market fluctuated and lowered

On June 28, the acetic acid price index was 2,062.86, down 25.72 from yesterday and a month-on-month decrease of 0.83%.

On June 28, the domestic glacial acetic acid market price was weak, downstream operators were not enthusiastic about replenishing goods into the market, and the market transaction atmosphere was light, and the mentality of holders continued to follow the market. Specifically, acetic acid prices in East China fell within a narrow range, and market sentiment was poor. Factory prices in the Shandong market were lowered, factory prices fell, and market prices fell. On the whole, it is expected that the market price of acetic acid will continue to be weak in the short term, but attention needs to be paid to the follow-up of downstream demand.

On June 28, the domestic ethyl acetate market price was temporarily stable, the ethyl acetate market price in North China was stable, and the main factories in Shandong competed for sales, the starting price was stable, and the transaction volume was smooth. The price of ethyl acetate in East China has been lowered, market transactions are mostly concentrated at the low-end level, and spot purchases are flat. Market prices in South China are operating at a weak level, and weakening raw material prices have caused industry operators to be cautious about the future outlook and a poor purchasing atmosphere.

Unit: yuan/ton