Acetic acid: On November 11, China's acetic acid market was reduced within a narrow range

On November 11, the acetic acid price index was 2,647.14, down 7.14 from the previous working day and 0.27% month-on-month decrease.

On November 11, the price of glacial acetic acid in China fell within a narrow range. The overall transaction atmosphere in the region was limited, and some players in the market had a poor mentality. 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 have adjusted within a narrow range, and factory retail orders in the region have been poorly traded. 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 November 11, the market price of ethyl acetate in China fluctuated upward. The market price of ethyl acetate in North China fluctuated upward. The starting price of major factories in Shandong was increased, the supply side reduced, and premium transactions were positive. Market prices in South China have also increased, factory shipments are still smooth, spot buying enthusiasm is still good, and a small amount of chasing up purchases. The ethyl acetate market in East China has been upgraded, and holders have continued to strengthen their offers. The negotiation atmosphere is good, and downstream replenishment purchases are made in stages.