Acetic acid: The domestic acetic acid market adjusted within a narrow range on August 16

On August 16, the acetic acid price index was 3,266.43, unchanged from yesterday.

On August 16, the domestic glacial acetic acid market stabilized and moved slightly. Traders and downstream were cautious in getting goods, and manufacturers 'shipments varied. 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. Central China is operating steadily. 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 16, the domestic market price of ethyl acetate continued to decline. The market price of ethyl acetate in North China has been lowered. Major factories in Shandong have bid for sales. The starting price has continued to be lowered, and the market transaction volume has increased. Market prices in South China fell within a narrow range, and many new orders were just in need of transactions. East China's ethyl acetate market prices are mainly sorted out, with some low-end prices trading volume, and downstream just needing replenishment operations.

Unit: yuan/ton