Acetic acid: On July 9, the domestic acetic acid market rose slightly

On July 9, the acetic acid price index was 3,045.71, an increase of 6.43 from yesterday and an increase of 0.21% month-on-month.

On July 9, the domestic glacial acetic acid market price adjusted within a narrow range, and the quotations in some regions were slightly increased. Specifically, acetic acid prices in East China have increased within a narrow range, and the market transaction atmosphere is general. Market prices in Shandong have increased, and factory prices have pushed up. 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 9, the domestic ethyl acetate market price was stable, and the ethyl acetate market price in North China was temporarily stable. The main factories in Shandong bid for sales, the starting price was stable, and the transaction was acceptable. Market prices in South China are operating at a weak level. The rise in raw material acetic acid prices has boosted market mentality. Inquiries and offers have increased, and the atmosphere is mild. The market price of ethyl acetate in East China remained stable, and on-site transaction negotiations improved.

Unit: yuan/ton