On October 28, the acetic acid price index was 2,822.14, down 26.43 from the previous working day.
On October 28, the price range of the glacial acetic acid market in China was adjusted, and market prices in some regions fell back, and the downstream market was mainly in need of replenishment. Specifically, the price of acetic acid in Jiangsu in East China is weak, and some traders are pre-selling next month's supply, and prices have dropped. The market price of acetic acid in Shandong is mainly sorted out. Market prices in Central China have adjusted within a narrow range, and market trading sentiment in the region is moderate. On the whole, it is expected that the market price of acetic acid will adjust within a narrow range in the short term, but attention should also be paid to the follow-up of downstream demand.
On October 28, the market price of ethyl acetate in China was temporarily stable. The wait-and-see attitude of the industry was relatively obvious, and the enthusiasm for replenishing goods in the market was average. The market price of ethyl acetate in North China is temporarily stable. The starting prices of major factories in Shandong are stable. The supply side is expected to increase, and market transactions are poor. Market prices in South China are being consolidated and operated. Spot purchases are mainly needed, and some discussions are on the sidelines. East China's ethyl acetate market is mainly consolidated, with obvious bearish sentiment among industry operators. Factories and holders are actively shipping, and spot buying is insufficient.
