On September 24, the acetic acid price index was 3,057.86, down 1.43 from yesterday and 0.05% month-on-month.
On September 24, the market price of glacial acetic acid in China was consolidated and put into operation, and market quotations in some regions were adjusted, and the downstream market was mainly in need of replenishment. Specifically, the price of acetic acid in Jiangsu in East China has limited fluctuations, and industry operators are generally enthusiastic about entering the market to replenish goods. The market price of acetic acid in Shandong is consolidated and running, 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 24, the market price of ethyl acetate in China increased within a narrow range. The market price of ethyl acetate in North China is temporarily stable. The starting price of major factories in Shandong continues to increase. The supply in the surrounding area is not high, and the transaction atmosphere is positive. Market prices in South China are temporarily operating steadily, with only a small amount of pre-holiday receipt demand, and the transaction atmosphere is mild. The prices of the ethyl acetate market in East China have been consolidated and operated, and some factories still have shipment demand.