Acetic acid: On July 4, the domestic acetic acid market will be mainly sorted out

On July 4, the acetic acid price index was 3,047.86, down 0.72 from yesterday and 0.02% month-on-month.

On July 4, the domestic glacial acetic acid market price stabilized and moved slightly, and market quotations in some regions were slightly adjusted. Downstream players were not enthusiastic about entering the market to replenish stocks, and the market transaction atmosphere was light. Specifically, the price of acetic acid in East China has limited fluctuations, and the downstream in the region are mainly in need of replenishment. Market prices in Shandong have been reduced within a narrow range, and the focus of intra-regional negotiations has shifted downward. Market quotes in Central China have been lowered, and operators are mainly operating cautiously. 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 July 4, the domestic ethyl acetate market price was adjusted within a narrow range. The ethyl acetate market price in North China was temporarily stable. The main factories in Shandong were bidding for sales, the starting price was stable, and the transaction volume was still stable. The price of ethyl acetate market in East China is weak, the market demand side is obviously suppressed, the enthusiasm of operators to enter the market is poor, and the wait-and-see attitude is obvious. Market prices in South China are operating at a weak level, and downstream enterprises have average demand, and most of them need to replenish their warehouses.