On October 8, the acetic acid price index was 3,057.86, maintaining the previous working day.
On October 8, the price of the glacial acetic acid market in China was consolidated and put into operation. The overall market changed little, with positive macro and cost support, and the wait-and-see attitude of industry players in the market was obvious. Specifically, the price of acetic acid in Jiangsu in East China has limited fluctuations and limited fluctuations within the region. The market price of acetic acid in Shandong is consolidated and running, and the factory has no inventory pressure. 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 October 8, the market price of ethyl acetate in China increased within a narrow range. The market price of ethyl acetate in North China has increased, and the starting price of major factories in Shandong has increased slightly. Most downstream companies just need to buy it, and the transaction is good at a premium. Market prices in South China have increased within a narrow range. After the holiday, industry operators need to store and replenish their warehouses. The market trading atmosphere is good, and upstream shipments are given priority. The ethyl acetate market in East China is mainly organized. Most factories have a slight accumulation of inventories during the festival, mainly consolidating shipments, and there is a small amount of replenishment demand downstream after the festival.
