Acetic acid: On November 15, China's acetic acid market was put into operation

On November 15, the acetic acid price index was 2,708.57, unchanged from yesterday.

On November 15, the market price of glacial acetic acid in China remained stable, and the overall transaction atmosphere in the market was limited, with downstream replenishment mainly needed. Specifically, the price of acetic acid in Jiangsu in East China is stable, and the transaction atmosphere in the region is limited. The market price of acetic acid in Shandong has not fluctuated much. Market prices in Central China adjusted within a narrow range. 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 15, the market price of ethyl acetate in China was lowered within a narrow range. The market price of ethyl acetate in North China fluctuated and lowered, and the starting prices of major factories in Shandong continued to be lowered. Market transactions were limited and purchasing sentiment was cautious. Market prices in South China are operating steadily, spot procurement is moderate, with only just needs transactions, and downstream are cautious about the long-term mentality. The ethyl acetate market in East China followed the downward adjustment. Spot buying enthusiasm was not high, and transactions continued to loosen.