Acetic acid: On October 24, China's acetic acid market price consolidation and operation

On October 24, the acetic acid price index was 2,848.57, unchanged from yesterday.

On October 24, 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. The acetic acid market prices in Shandong are mainly sorted out, and the transaction atmosphere on the market is 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 24, the market price of ethyl acetate in China fell within a narrow range. The wait-and-see attitude of the industry was relatively obvious. The enthusiasm for replenishing goods in the market was average. The price of ethyl acetate in North China was temporarily stable. The starting price of major factories in Shandong was lowered. The downstream market entered the market was in a bad mood, and the mentality was cautious and wait-and-see. Market prices in South China have been consolidated and put into operation, factory quotations have been maintained, and spot negotiations have been temporarily maintained. The ethyl acetate market in East China is mainly organized, and the market transaction atmosphere is dull. A small number of markets enter the market for negotiation, and the holders actively ship.