Acetic acid: China's acetic acid market trends on April 28

On April 28, the acetic acid price index was 3,139.29, down 27.14 from the previous working day and a month-on-month decrease of 0.86%.

  On April 28, the price of glacial acetic acid in China continued to decline slightly. The May Day holiday dropped, and the trading atmosphere in some regions was still poor. The East China region fluctuated within a narrow range, and real orders were average. Prices in the North China market were lowered, prices in the region fell, and the market trading atmosphere was moderate. Prices in the South China market are stable. Today's market price is reported at 3,100 - 3,150 yuan/ton. The overall market buying atmosphere is not good. Market prices in Shandong have been lowered. At present, the overall enthusiasm for receiving goods in the downstream market is not good, and the acetic acid market price is expected to be weak in the short term.

On April 28, China's ethyl acetate market fell somewhat, and prices in the East China market fell somewhat. Major factories in Shandong bid for sales, and the starting price was lowered. The transaction atmosphere was dull, and orders were just needed to be executed. Market prices in East China have fallen somewhat. Due to weakening surrounding prices, market sentiment has been affected, and on-site shipments have been flat. Market prices in South China are stable, and on-site shipments are flat and sporadic downstream buying.

   Unit: yuan/ton