Acetate market trend analysis this week

Acetic acid price chart



The market for acetic acid this week was generally stable with local prices falling. The average domestic factory price by the end of the week was 3020 yuan/ton, which was the same as last week. In North China, it is 2,800-2850 yuan/ton, in East China market, it is 2900-3200 yuan/ton, and in South China, it is 3,100-3,200 yuan/ton.

The main reason: Jiangsu Suopu accidental parking, the market supply decreased, manufacturers generally said that low inventory, but the downstream purchase intention is not strong, the industry more wait-and-see attitude, buying less; downstream products such as ethyl acetate, butyl acetate prices Stable; upstream methanol prices of raw materials fell, Asian external disk in addition to FD Northwest Europe and the United States have risen, but the domestic market will not form a big pull.

Dong Xueming, an analyst of acetic acid at the branch of the Business Society, believes that Jiangsu Thorpe and Nanjing BP acetic acid plant will restart on weekends, and the market supply will increase. It is expected that the glacial acetic acid market will remain stable. Focus on device dynamics and market demand changes.