Acetic acid: On August 2, the domestic acetic acid market increased within a narrow range

On August 2, the acetic acid price index was 3,246.43, an increase of 16.42 from yesterday and an increase of 0.51% month-on-month.

On August 2, 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. Acetic acid market prices in Shandong have adjusted within a narrow range, and the market transaction atmosphere is limited. Quotes in Central China have risen, factory prices have continued to rise, and the market has followed suit. 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 2, the domestic market price of ethyl acetate fell within a narrow range. The price of ethyl acetate in North China has increased within a narrow range. Major factories in Shandong have bid for sales, and the starting price is stable. The trading atmosphere is cold, and most of them wait and see. Market prices in South China have temporarily stabilized and consolidated, and the market transaction atmosphere has weakened. Holders are actively shipping, and downstream receiving efforts are insufficient. East China's ethyl acetate market price consolidation is the main focus, the market trading atmosphere is deadlocked, and the downstream has a wait-and-see mentality.

Unit: yuan/ton