Acetic acid: On October 10, China's acetic acid market remained stable

On October 10, the acetic acid price index was 2,998.57, unchanged from yesterday.

On October 10, the price of the glacial acetic acid market in China was consolidated and put into operation, and the market transaction atmosphere was limited. Specifically, acetic acid prices in Jiangsu in East China have temporarily stabilized. The acetic acid market price in Shandong is mainly sorted out, with major factories temporarily stopping due to unexpected failures and temporarily stabilizing in the region. 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 10, the market price of ethyl acetate in China adjusted within a narrow range, and market prices in some regions increased. The market price of ethyl acetate in North China has increased, and the starting prices of major factories in Shandong have remained stable. There is still some procurement demand in the surrounding areas, and the transaction is still moderate. Market prices in South China are consolidated and operating, and the market transaction atmosphere is average. Operators are cautious about the outlook, and the trading atmosphere is deadlocked. East China's ethyl acetate market is mainly consolidated, downstream purchasing sentiment is not good, and it is mainly in need of trading.