On July 12, the acetic acid price index was 3,223.57, an increase of 92.14 from yesterday and a month-on-month increase of 2.94%.
On July 12, the domestic market price of glacial acetic acid increased widely. At present, some equipment on the site has been suspended for maintenance, and the market supply in the region has decreased, supporting the continued increase in manufacturers 'quotations. Market prices in Shandong have increased, factory prices have risen, and downstream replenishment has been made on demand. Market quotations in Central China are stable, and operators are mainly cautious. The price of acetic acid in Jiangsu in East China is reported to be 3,100 - 3,200 yuan/ton, and the price in Zhejiang is reported to be 3,200 - 3,300 yuan/ton. Most downstream replenishment is mainly based on demand. On the whole, it is expected that the acetic acid market price will be strong in the short term, but attention should also be paid to the follow-up of downstream demand.
On July 12, the domestic ethyl acetate market price fluctuated upward, and the ethyl acetate market price fluctuated upward in North China. The main factories in Shandong bid for sales, and the starting price was raised. The chasing and transaction atmosphere was positive. Market prices in South China have increased, and rising raw material acetic acid prices have supported the market mentality. The offers are high and some profit-making items are sold. The market price of ethyl acetate in East China has also increased. The rise in raw material acetic acid prices has supported the market mentality, and spot buying has been strong.
