Acetic acid: On October 22, China's acetic acid market was put into operation

On October 22, the acetic acid price index was 2,859.29, unchanged from yesterday.

On October 22, the price of the glacial acetic acid market in China was consolidated, and the overall transaction atmosphere in the China market was mixed. 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, and market trading sentiment in the region is moderate. 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 22, the market price of ethyl acetate in China was consolidated within a narrow range, and market prices in some regions fell somewhat. The market price of ethyl acetate in North China is temporarily stable, and the starting price of major factories in Shandong is stable, the volume of transactions is high, and the atmosphere is acceptable. Market prices in South China are consolidated and operating, the market mentality is cautious, downstream users are weak to follow up, and the trading atmosphere is general. The ethyl acetate market in East China is mainly organized, with limited follow-up on downstream orders, and the inquiry atmosphere on the site is flat.