On July 24, the acetic acid price index was 3,230.71, down 7.14 from yesterday and 0.22% month-on-month.
On July 24, the domestic glacial acetic acid market price fell back from a high level. At present, the inventory situation of manufacturers in various regions is mixed, and downstream operators have obvious wait-and-see attitude. Market prices in Shandong followed suit, and the market transaction atmosphere was light. Market prices in Central China fell slightly, and the trading atmosphere was general. The price of acetic acid in Jiangsu in East China has been lowered along with it, and downstream replenishment is cautious when entering the market. On the whole, it is expected that the acetic acid market price will be weak in the short term, but attention should also be paid to the follow-up of downstream demand.
On July 24, the domestic ethyl acetate market price adjusted within a narrow range. Market prices in some areas fell. The ethyl acetate market price in North China fell. Major factories in Shandong bid for sales, the starting price stabilized, and the supply resumed and market transactions became significantly weaker. Market prices in South China are being consolidated and operating, and the market negotiation atmosphere is slightly deadlocked. The market price of ethyl acetate in East China has increased, and the price of raw material acetic acid has declined widely. Market sentiment has weakened significantly.
Unit: yuan/ton