Acetic acid: On October 9, China's acetic acid market fluctuated and fell back

On October 9, the acetic acid price index was 2,998.57, down 59.29 from yesterday and 1.94% month-on-month.

On October 9, the market price of glacial acetic acid in China fell within a narrow range, and the market transaction atmosphere was limited. Specifically, the price of acetic acid in Jiangsu in East China has been lowered, and high-end prices in the region have fallen. Acetic acid market prices in Shandong were lowered, factory prices fell, and regional markets followed suit. Market prices in Central China adjusted within a narrow range. On the whole, it is expected that the market price of acetic acid will adjust within a narrow range in the short term, but attention should also be paid to the follow-up of downstream demand.

On October 9, the market price of ethyl acetate in China remained stable. The market price of ethyl acetate in North China has increased, the starting price of major factories in Shandong has remained stable, and downstream procurement is good, and factory transactions are smooth. Market prices in South China are being consolidated and operating, and trading is just needed on the market. High-end quotations are blocked, and most negotiations are at medium and low levels. East China's ethyl acetate market is mainly organized, and real orders are mainly needed to be completed. The mentality in the market is cautious.