Acetic acid: On August 7, the domestic acetic acid market stabilized and moved slightly

On August 7, the acetic acid price index was 3,257.89, unchanged from yesterday.

On August 7, 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 been adjusted within a narrow range, and the market transaction atmosphere is limited. 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 7, the domestic market price of ethyl acetate fell within a narrow range. The market price of ethyl acetate in North China is stable. Major factories in Shandong are bidding for sales, but the starting price has dropped, and transactions have been mainly needed. Market prices in South China have temporarily stabilized, purchasing sentiment is average, and spot buying is insufficient. East China's ethyl acetate market is mainly priced, factories are operating stably, spot negotiations are deadlocked, and downstream mentality is poor.