Acetic acid: On August 1, the domestic acetic acid market was sorted out at a high level

On August 1, the acetic acid price index was 3,230.00, an increase of 3.57 from yesterday and an increase of 0.11% month-on-month.

On August 1, the domestic market price of glacial acetic acid stabilized and moved slightly, and market prices in some regions increased within a narrow range. Specifically, the price of acetic acid in Jiangsu in East China is temporarily stable, and the downstream market is still enthusiastic about entering the market to replenish goods. The market price of acetic acid in Shandong has risen, and high-priced transactions in the region have been weak. On the whole, it is expected that the acetic acid market price will be high in the short term, but attention should also be paid to the follow-up of downstream demand.

On August 1, the domestic market price of ethyl acetate adjusted within a narrow range. The market price of ethyl acetate in North China increased within a narrow range. Major factories in Shandong competed for sales, and the starting price increased. The market transaction atmosphere was dull. Market prices in South China have temporarily stabilized, spot buying has been flat, downstream and traders are cautious, and there are insufficient transactions. The price of ethyl acetate market in East China is mainly consolidated, and the cost side still has support for the market, and the downstream just needs to buy to follow up.

Unit: yuan/ton