On September 2, the acetic acid price index was 3,110.71, down 42.86 from the previous working day and 1.36% month-on-month decrease.
On September 2, China's glacial acetic acid market continued to fall. Currently, market supply in the region is gradually recovering. Downstream operators have limited enthusiasm to enter the market to replenish goods, and manufacturers 'prices continue to be lowered. Specifically, acetic acid prices in Jiangsu in East China continued to decline, and the overall market transaction atmosphere was poor. The market price of acetic acid in Shandong continued to fall, and the market transaction atmosphere was limited. Market prices in Central China have been adjusted within a narrow range, and factories have mainly implemented contracts. On the whole, it is expected that the market price of acetic acid will continue to be weak in the short term, but attention needs to be paid to the follow-up of downstream demand.
On September 2, China's ethyl acetate market prices were adjusted within a narrow range. The market price of ethyl acetate in North China has been reduced within a narrow range. Major factories in Shandong have competitive sales, the starting price is stable, and trading remains in demand. Market prices in South China are temporarily stable, and most downstream stocks are just in need of replenishment. The price of ethyl acetate market in East China fell slightly, and the transaction atmosphere was still acceptable. Some low-level buying demand was in demand, and the downstream just needed to replenish stocks.
