On July 19, the acetic acid price index was 3,260.71, down 17.14 from yesterday and 0.52% month-on-month.
On July 19, the domestic glacial acetic acid market price stabilized and fluctuated slightly, the market transaction atmosphere was poor, and downstream was mainly in need of replenishment. Market prices in Shandong are operating at high levels, and the market transaction atmosphere is light. Market prices in Central China are consolidated and operating, and the market transaction atmosphere is good. Acetic acid prices in Jiangsu in East China are on the strong side, factory inventory pressure in the region is not great, and the market is rising simultaneously. On the whole, it is expected that the acetic acid market price will be strong in the short term, but attention should also be paid to the follow-up of downstream demand.
On July 19, the domestic market price of ethyl acetate fell within a narrow range, and the market price of ethyl acetate in North China fell. Major factories in Shandong bid for sales, and the starting price was lowered. Supply resumed, and market procurement was dull. Market prices in South China fell within a narrow range, market transactions were poor, inquiries were concentrated at the middle and low-end levels, and operators were cautious. The price of ethyl acetate market in East China has been corrected, and the mentality of the sellers has been poor and they are actively transferring profits and shipping volumes.
Unit: yuan/ton
