Acetic acid: On September 29, China's acetic acid market was mainly sorted out
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September 29, 2024, 5:10 PM On September 29, the acetic acid price index was 3,057.86, unchanged from yesterday.
On September 29, the price of the glacial acetic acid market in China was consolidated and put into operation. The overall market changed little, and downstream and traders were generally enthusiastic about getting goods. Specifically, the price of acetic acid in Jiangsu in East China has limited fluctuations, and industry operators are generally enthusiastic about entering the market to replenish goods. The market price of acetic acid in Shandong is consolidated and running, and the factory has no inventory pressure. Market prices in Central China have adjusted within a narrow range, and factories in the region have gradually shipped goods. 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 29, the market price of ethyl acetate in China increased within a narrow range. The price of ethyl acetate market in North China has been consolidated and put into operation. The starting prices of major factories in Shandong have been stable. Most operators have delisted from the market, and the market transaction atmosphere is poor. Market prices in South China are temporarily operating steadily, with solid orders trading on the market light, sporadic small orders being negotiated on the market, and the market focus is weak and stable. The ethyl acetate market in East China is mainly consolidated, with downstream delisted one after another, and spot buying is insufficient.
