On November 20, the acetic acid price index was 2,715.00, unchanged from yesterday.
On November 20, the market price of glacial acetic acid in China remained stable, and the overall transaction atmosphere in the market was limited, with downstream replenishment mainly needed. Specifically, the price of acetic acid in Jiangsu in East China is stable, and the transaction atmosphere in the region is limited. The market price of acetic acid in Shandong has not fluctuated much. Market prices in Central China adjusted within a narrow range. 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 November 20, the market price of ethyl acetate in China continued to increase. The market price of ethyl acetate in North China fluctuated and increased. The starting price of major factories in Shandong was increased. Some orders were replenished, and transactions were positive at a premium. Market prices in South China have also increased, supported by multiple positive market benefits, and spot transactions are acceptable. The ethyl acetate market in East China has been adjusted upwards. The market's enthusiasm for chasing gains is still good, and the offers of holders are firm.
