Acetic acid: On July 23, the domestic acetic acid market stabilized and moved slightly

On July 23, the acetic acid price index was 3,230.71, down 7.14 from yesterday and 0.22% month-on-month.

On July 23, the domestic market price of glacial acetic acid stabilized and fluctuated slightly, and the market prices in some regions fell. As the long-term contract was coming to an end, traders were gradually locked up and the supply was not much, so the market price fell somewhat. Market prices in Shandong have adjusted within a narrow range, and the market transaction atmosphere is light. Market prices in Central China fell slightly, and the market transaction atmosphere was acceptable. The price of acetic acid in Jiangsu in East China has been lowered along with it, and the market transaction atmosphere is general. On the whole, it is expected that the market price of acetic acid will adjust within a narrow range in the short term, but attention should also be paid to the follow-up of downstream demand.

On July 23, the domestic market price of ethyl acetate increased within a narrow range, and the market price of ethyl acetate in North China fell. Major factories in Shandong bid for sales, and the starting price continued to increase. The market was cautious in chasing the increase, and the transaction was flat. Market prices in South China have increased within a narrow range, downstream procurement enthusiasm is insufficient, upstream shipment demand remains, and firm deals are loose. East China's ethyl acetate market price increased,Market offers are relatively strong。

Unit: yuan/ton