Acetic acid: On August 20, the domestic acetic acid market continued to increase

On August 20, the acetic acid price index was 3,374.29, an increase of 50 from yesterday and a month-on-month increase of 1.5%.

On August 20, the domestic glacial acetic acid market continued to increase. Northwest equipment was planned for maintenance and unexpected failures. The overall supply decreased, supporting manufacturers 'quotations to rise. Specifically, Jiangsu acetic acid prices in East China were temporarily stable, with limited market fluctuations. The atmosphere for the transaction was calm. 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 increased within a narrow range. The market 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 has increased slightly. Transactions have cooled down, and social inventories have yet to be consumed. Market prices in South China have been consolidated at a high level, and raw material acetic acid has been operating strongly to support the market mentality. Spot goods just need to follow up on buying. East China's ethyl acetate market prices are mainly sorted out, with downstream maintaining just-needed consumption, and some preliminary orders are implemented.