On November 19, the acetic acid price index was 2,715.00, an increase of 2.14 from yesterday and an increase of 0.08% month-on-month.
On November 19, the market price of glacial acetic acid in China remained stable, and the overall transaction atmosphere on 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 19, the market price trend of ethyl acetate in China was mixed. The market price of ethyl acetate in North China fluctuated and fell. The starting price of major factories in Shandong was lowered. Low-priced transactions were increased, and negotiations were still okay. Market prices in South China are stable, and higher raw material ethanol prices have boosted the atmosphere in the market. Spot buying is still strong, and holders are actively shipping. The ethyl acetate market in East China was operating steadily, the market transaction atmosphere improved, both costs and supply sides were boosted, and offers followed suit.
