Acetic acid: China's acetic acid market decline slowed down on September 4

On September 4, the acetic acid price index was 3,062.14, down 16.43 from yesterday and 0.53% month-on-month.

On September 4, the price decline in China's glacial acetic acid market slowed down, and downstream players were not enthusiastic about entering the market to replenish stocks. Specifically, acetic acid prices in Jiangsu in East China continued to decline, and the overall market transaction atmosphere was general. The market price of acetic acid in Shandong continued to fall, and the market transaction atmosphere was limited. Market prices in Central China adjusted within a narrow range. On the whole, it is expected that the market price of acetic acid will continue to be weak in the short term, but attention needs to be paid to the follow-up of downstream demand.

On September 4, China's ethyl acetate market prices were adjusted within a narrow range. The market price of ethyl acetate in North China has been reduced within a narrow range. Major factories in Shandong have competitive sales, the starting price is stable, and the market production and sales are still balanced. Market prices in South China are temporarily stable, on-site shipments are sluggish, and the focus of negotiations continues to weaken. The price of ethyl acetate market in East China is operating at a weak position, mainstream transactions in the market are stable, the spot buying atmosphere is general, and downstream replenishment negotiations are just needed.