Acetic acid: China's acetic acid market weakness was sorted out on September 5

On September 5, the acetic acid price index was 3,062.14, unchanged from yesterday.

On September 5, the weak price of China's glacial acetic acid market was consolidated. Specifically, the price of acetic acid in Jiangsu in East China remained stable, and the overall market transaction atmosphere was average. The acetic acid market price in Shandong is weak, and the market transaction atmosphere is 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 bid for sales, the starting price is stable, and trading continues to be in demand. Market prices in South China are temporarily stable, with limited spot negotiations, companies actively shipping along with them, limited downstream on-site purchases, and light transaction atmosphere. 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.