On October 14, the acetic acid price index was 2,955.71, down 32.14 from the previous working day and a month-on-month decrease of 1.08%.
On October 14, 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 fell within a narrow range. The overall market transaction atmosphere was limited, and operators were not enthusiastic about entering the market to replenish goods. The market price of acetic acid in Shandong has been lowered along with it, and the trading atmosphere on the floor is general. Market prices in Central China have adjusted within a narrow range. Market trading sentiment in the region is moderate and prices have fallen. 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 14, the market price of ethyl acetate in China adjusted within a narrow range, and market prices in some regions were lowered. The market price of ethyl acetate in North China has fallen, and the starting price of major factories in Shandong has been lowered. Buying is mainly needed, and the transaction atmosphere is poor. Market prices in South China are consolidated and running. Low regional supply supports on-site offers, and some factories are tight in picking up goods. East China's ethyl acetate market is mainly consolidated, with the decline in raw materials suppressing market sentiment, and the overall mentality is cautious.
