On November 18, the acetic acid price index was 2,712.86, an increase of 4.23 from the previous working day and an increase of 0.16% month-on-month.
On November 18, 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 18, the market price of ethyl acetate in China was consolidated and put into operation. The market price of ethyl acetate in North China has temporarily stabilized, and the starting price of major factories in Shandong has stabilized. The transaction atmosphere is poor. After downstream replenishment, the market has been delisted one after another. Market prices in South China are operating steadily, mainly in need of transactions, and spot buying is moderate. The ethyl acetate market in East China has been downgraded along with it, and low prices in some surrounding areas have affected downstream receiving sentiment, and the spot just needs to be bought.
