On October 21, the acetic acid price index was 2,859.29, down 8.57 from the previous working day and 0.3% month-on-month decrease.
On October 21, the market price of glacial acetic acid in China adjusted within a narrow range, and market prices in some regions fell. Downstream operators were generally enthusiastic about entering the market to replenish goods, and mainly needed to replenish goods. Specifically, the price of acetic acid in Jiangsu in East China is stable, and the overall market transaction atmosphere is limited. Acetic acid market prices in Shandong fell within a narrow range, and the trading atmosphere on the floor was 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 21, the market price of ethyl acetate in China was consolidated and put into operation. The market price of ethyl acetate in North China is temporarily stable. The starting prices of major factories in Shandong are stable, the transaction volume is flat, and the trading atmosphere is limited. Market prices in South China are sorted out and running, terminals just need to be purchased, and actual order negotiations are average. The ethyl acetate market in East China is mainly organized, with a dull market atmosphere and poor spot buying.
