Acetic acid: The domestic acetic acid market will be put into operation on July 8

On July 8, the acetic acid price index was 3,039.29, stable

On July 8, the domestic glacial acetic acid market price temporarily stabilized, and the overall market changed little. Specifically, acetic acid prices in East China are temporarily stable, and there is little market pressure in the region. Market prices in Shandong have temporarily stabilized, and markets in the region have followed suit. Market quotations in Central China are stable, and operators are mainly cautious. 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 8, the domestic ethyl acetate market price was adjusted within a narrow range, and the ethyl acetate market price in North China was temporarily stable. Major factories in Shandong bid for sales, the starting price was stable, and the transaction volume was relatively considerable. Market prices in South China are operating at a weak level, with a small number of inquiries entering the market, poor market mentality, and sporadic purchases are the main focus. The price of ethyl acetate market in East China remained stable, and some of them just needed to buy to enter the market. The market mentality was average and they were still cautious about the future outlook.

Unit: yuan/ton