Acetic acid: On July 30, the domestic acetic acid market fluctuated upward

On July 30, the acetic acid price index was 3,186.43, an increase of 50 from yesterday and a month-on-month increase of 1.59%.

On July 30, the domestic market price of glacial acetic acid increased significantly. As the main factory in Shandong failed and stopped, the market supply in the region decreased. Supported by low supply pressure, manufacturers 'quotations rose. Specifically, the price of acetic acid in Jiangsu in East China has been increased along with it, and the downstream market is still enthusiastic about entering the market to replenish goods. The market price of acetic acid in Shandong has risen. Today's quotation has been raised to 3,100 - 3,250 yuan/ton. Prices in surrounding areas have risen sharply, and prices in this area have risen. On the whole, acetic acid market prices are expected to fluctuate within a narrow range in the short term, but attention should also be paid to the follow-up of downstream demand.

On July 30, the domestic market price of ethyl acetate adjusted within a narrow range. The market price of ethyl acetate in North China is temporarily stable. Major factories in Shandong are bidding for sales, and the starting price is stable. The rise in the price of raw material acetic acid has boosted the transaction, and the transaction is good. Market prices in South China have increased within a narrow range, raw material support is still acceptable, and the spot part just needs to be bought, and transactions are smooth. The price of ethyl acetate market in East China is stable, the rising price of raw material acetic acid supports the market mentality, and some downstream inquiries enter the market.

Unit: yuan/ton