On October 30, the acetic acid price index was 2,809.29, down 1.43 from yesterday and 0.05% month-on-month.
On October 30, the market price of glacial acetic acid in China adjusted within a narrow range, and market prices in some regions fell. Currently, factory shipment sentiments are mixed and the mentality of operators is not good. Specifically, the price of acetic acid in Jiangsu in East China is weak, and the overall market has not changed much. Acetic acid market prices in Shandong Province fluctuated and fell, factory prices fell, and the market transaction atmosphere was general. 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 30, the market price of ethyl acetate in China fluctuated and fell, and the wait-and-see mood in the industry was more obvious. The market price of ethyl acetate in North China has been reduced within a narrow range, and the starting prices of major factories in Shandong have continued to be lowered. The increase on the supply side has been significant, and the bearish sentiment of industry operators is obvious. Market prices in South China are being consolidated, the market center of gravity has fallen again, and there is a lack of real order buying. East China's ethyl acetate market is mainly consolidated, with obvious bearish sentiment and poor spot buying.
