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Acetic acid: On September 26, China's acetic acid market was mainly sorted out

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September 26, 2024, 4:52 PM

On September 26, the acetic acid price index was 3,057.86, unchanged from yesterday.

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On September 26, the price of the glacial acetic acid market in China was consolidated and put into operation. The overall market changed little, and downstream and traders were generally enthusiastic about getting goods. 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.

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On September 26, the market price of ethyl acetate in China increased within a narrow range. The market price of ethyl acetate in North China increased slightly, and the starting price of major factories in Shandong continued to increase. Premium transactions were positive, and replenishment operations were concentrated before the holiday. Market prices in South China have increased, with upstream and cargo holders giving priority to volume shipments before the holiday. The market transaction atmosphere is moderate, and the two sides are in a weak balance. The East China ethyl acetate market is mainly in need of replenishment transactions.

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