Acetic acid: On July 10, the domestic acetic acid market fluctuated upward

On July 10, the acetic acid price index was 3,077.86, an increase of 32.14 from yesterday and a month-on-month increase of 1.06%.

On July 10, the domestic glacial acetic acid market price fluctuated upward, and traders and downstream continued to stock up on demand. Specifically, acetic acid prices in East China have increased within a narrow range, and markets in the region have followed suit, and trading sentiment has been moderate. Market prices in Shandong have increased, and factory quotations continue to rise. Market quotations in Central China are stable, and operators are mainly cautious. On the whole, it is expected that the market price of acetic acid may rise partially in the short term, but attention should also be paid to the follow-up of downstream demand.

On July 10, 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 have temporarily stabilized. 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 some factories were slow to pick up goods.