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Acetic acid: China's acetic acid market continued to fall on September 3

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September 3, 2024, 5:08 PM

On September 3, the acetic acid price index was 2,078.57, down 32.14 from yesterday and 1.03% month-on-month.


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On September 3, China's glacial acetic acid market continued to fall. Currently, market supply in the region continues to increase, and downstream players are not enthusiastic about entering the market to replenish goods. 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 adjusted within a narrow range. 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.

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On March 3, 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 the market transaction atmosphere is flat. Market prices in South China are temporarily stable, downstream buying sentiment is not high, and firm negotiations are cautious. The market price of ethyl acetate in East China fell slightly, and the transaction atmosphere was poor.

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