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Acetic acid: China's acetic acid market adjusted narrowly on September 11

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September 11, 2024, 4:47 PM

On September 11, the acetic acid price index was 3,051.43, unchanged from yesterday.

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On September 11, the prices of China's glacial acetic acid market were consolidated and put into operation. The downstream was mainly in need of replenishment, and the shipment situation of manufacturers varied. 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.

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On September 11, 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 bid for sales. The starting price continues to increase, the volume decreases, and the transaction atmosphere is good. Market prices in South China are temporarily stable. There is a small amount of purchase demand before the holiday, and factories are arranging warehouses simultaneously. The price of ethyl acetate market in East China is operating at a weak position, with shipments mainly consolidated, and negotiations have improved slightly.

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