Acetic acid: On September 23, China's acetic acid market adjusted within a narrow range

On September 23, the acetic acid price index was 3,059.29, an increase of 5.71 from yesterday and an increase of 0.19% month-on-month.

On September 23, the market price of glacial acetic acid in China was consolidated and put into operation, and market quotations in some regions were adjusted. The downstream is mainly in need of replenishment, and the market price has not changed much. Specifically, the price of acetic acid in Jiangsu in East China has limited fluctuations, and the supply in the region has decreased. The market price of acetic acid in Shandong is weak, and the factory has no inventory pressure. Market prices in Central China have adjusted within a narrow range, and factories in the region have gradually shipped goods. 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 23, the market price of ethyl acetate in China increased within a narrow range. The market price of ethyl acetate in North China has been temporarily stable. The starting price of major factories in Shandong has increased slightly. The market sentiment of operators entering the market is still good, and the transaction at a premium is good. Market prices in South China are temporarily stable, and downstream enthusiasm for receiving goods is average, and procurement is mainly in need of just purchasing. The prices of ethyl acetate market in East China are consolidated and running. There are many spots that need to be purchased, and the focus of mainstream transactions is low.