On November 21, the acetic acid price index was 2,717.14, an increase of 2.43 from yesterday and an increase of 0.08% month-on-month.
On November 21, the market price of glacial acetic acid in China remained stable, and the downstream was mainly in need of replenishment. 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, and market quotes in some regions increased 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 21, the market price of ethyl acetate in China continued its upward trend. The market price of ethyl acetate in North China fluctuated and increased. The starting prices of major factories in Shandong continued to increase. The premium range continued to expand, and gas buying was active. Market prices in South China have also increased, and downstream purchases are mainly in need, and transactions are smooth. The ethyl acetate market in East China has been adjusted upwards, the market transaction atmosphere is good, factory shipments are smooth, there is no pressure on inventory, and offers are relatively positive.
