Acetic acid: On November 6, China's acetic acid market was weakened

On November 6, the acetic acid price index was 2,683.57, down 27.14 from yesterday and 1% month-on-month decrease.

On November 6, the price of glacial acetic acid market in China was weak, and traders and downstream buying were mostly wait-and-see. Specifically, the price of acetic acid in Jiangsu in East China has not fluctuated much, and the transaction atmosphere in the region is limited. The acetic acid market prices in Shandong are consolidated and running, and industry operators have limited enthusiasm to enter the market and replenish goods. Market prices in Central China adjusted within a narrow range. On the whole, it is expected that the market price of acetic acid will continue to be weak in the short term, but attention needs to be paid to the follow-up of downstream demand.

On November 6, the market price of ethyl acetate in China fluctuated and lowered. The market price of ethyl acetate in North China continues to decline, and the starting price of major factories in Shandong continues to decline. Under the downward market, the market continues to be cautious. Market prices in South China have also been lowered, market transactions have been limited, trading atmosphere has continued to be deserted, downstream still have a willingness to wait and see, and buying orders have not been followed up. The ethyl acetate market in East China fluctuated and lowered, and downstream still had a wait-and-see attitude, and factory shipments were blocked.