Acetic acid: China's acetic acid market adjusted narrowly on September 12

On September 12, the acetic acid price index was 3,057.14, an increase of 5.71 from yesterday and an increase of 0.19% month-on-month.

On September 12, the prices of China's glacial acetic acid market were consolidated and put into operation. The downstream was mainly in need of replenishment, and the shipment situation of manufacturers varied. Specifically, the price of acetic acid in Jiangsu in East China has limited fluctuations, and the overall market transaction atmosphere is general. The acetic acid market price in Shandong is weak, and the market transaction atmosphere is limited. Market prices in Central China adjusted within a narrow range. Overall, it is expected that the acetic acid market price will be consolidated in the short term, but attention should also be paid to the follow-up of downstream demand.

On September 12, China's ethyl acetate market prices were adjusted within a narrow range. The market price of ethyl acetate in North China has been adjusted within a narrow range. Major factories in Shandong have competitive sales. The starting price continues to increase, the volume decreases again, and the transaction atmosphere is positive. Market prices in South China have temporarily stabilized, factory shipment pressure has eased, and some of the demand for replenishment before the holiday. The price of ethyl acetate market in East China is operating at a weak position, with shipments mainly consolidated, and negotiations have improved slightly.