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Acetic acid: China's acetic acid market adjusted narrowly on September 9

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September 9, 2024, 5:40 PM

On September 9, the acetic acid price index was 3,055.71, down 14.29 from the previous working day and 0.47% month-on-month decrease.

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On September 9, China's glacial acetic acid market price adjusted within a narrow range, and market prices in some regions were slightly lowered. Specifically, the price of acetic acid in Jiangsu in East China has limited fluctuations, and the overall market transaction atmosphere is general. 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.

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On September 9, China's ethyl acetate market prices were adjusted within a narrow range. The market price of ethyl acetate in North China has been adjusted within a narrow range. Major factories in Shandong have competitive sales, and the starting price is stable. The market transaction is good, with a small amount of transactions being sold at a premium. Market prices in South China are temporarily stable, the market trading atmosphere is flat, and downstream procurement efforts are insufficient. 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.

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