Acetic acid: On June 18, China's acetic acid market fluctuated and fell back
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June 18, 2024, 4:50 PM On June 18, the acetic acid price index was 3190, down 37.29 from yesterday and 1.06% month-on-month.
On June 18, the price of China's glacial acetic acid market fluctuated and fell. As the equipment gradually recovered, the market quotations in some regions fluctuated and fell. Traders in the region and downstream mainly waited and saw, and the market transaction atmosphere was limited. Specifically, today, in East China, acetic acid prices fell, and the mentality of operators in the market was different. Market prices in Shandong have been lowered along with it, and the overall market transaction atmosphere is still good. On the whole, it is expected that the market price of acetic acid will adjust within a narrow range in the short term, but attention should also be paid to the follow-up of downstream demand.
On June 18, the market price of ethyl acetate in China was lowered within a narrow range, and the market price of ethyl acetate in North China was lowered. Major factories in Shandong competed for sales, and the starting price was lowered, and real orders were closed. The market price of ethyl acetate in East China has been lowered along with it, and downstream replenishment enthusiasm is poor. Market prices in South China have fallen, there is a wait-and-see attitude, and procurement enthusiasm is not good.
