On August 23, the acetic acid price index was 3,422.14, down 16.43 from yesterday and 0.48% month-on-month.
On August 23, China's glacial acetic acid market continued to fall. At present, there is not much inventory pressure on manufacturers in the region, and downstream operators are mainly in need of replenishment. Specifically, Jiangsu acetic acid prices in East China have fallen within a narrow range, and the market transaction atmosphere is still acceptable. The market price of acetic acid in Shandong is high, and the market transaction atmosphere is limited. Market prices in Central China have been adjusted within a narrow range, and factories have mainly implemented contracts. On the whole, it is expected that the acetic acid market price will be high in the short term, but attention should also be paid to the follow-up of downstream demand.
On August 23, China's ethyl acetate market price adjusted within a narrow range. The market price of ethyl acetate in North China has increased within a narrow range. Major factories in Shandong have competitive sales, and the starting price has increased. Market transactions are still acceptable. Market prices in South China have been consolidated at a high level, market transactions have been flat, some holders still have shipment demand, and prices continue to trend steadily. East China's ethyl acetate market prices are mainly sorted out, low-end market prices are rising, spot purchases are sluggish, and just-needed purchases are mainly.
