Acetic acid: China's acetic acid market adjusted narrowly on September 10

On September 10, the acetic acid price index was 3,051.43, down 4.26 from yesterday and 0.14% month-on-month.

On September 10, China's glacial acetic acid market price adjusted within a narrow range, and the market price partially loosened. At present, there is not much pressure on the inventory of factories in northern companies, and most downstream companies are mainly in need of replenishment. 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. Overall, it is expected that the acetic acid market price will be consolidated in the short term, but attention should also be paid to the follow-up of downstream demand.

On September 10, 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 bid for sales, and the starting price has been raised. The supply side has been boosted, and downstream procurement enthusiasm is still acceptable. Market prices in South China are temporarily stable, and spot goods are just in need of negotiation, and 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.