On November 26, the acetic acid price index was 2,782.14, an increase of 10 from the previous working day and an increase of 0.36% month-on-month.
On November 26, the market price of glacial acetic acid in China increased within a narrow range. At present, the overall supply pressure in the market is not large, which supports the increase in prices of manufacturers in the region. Specifically, the price of acetic acid in Jiangsu in East China has adjusted within a narrow range, and there is little pressure on on-site inventories, which supports the higher prices of industry companies. The market price of acetic acid in Shandong has increased. Market prices in Central China are operating steadily, and the market transaction atmosphere in the region is fair. 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 November 26, the market price of ethyl acetate in China adjusted within a narrow range, and market prices in some regions fell somewhat. The market price of ethyl acetate in North China is stable, the starting prices of major factories in Shandong are stable, the purchase of gas at the near end is good, and production and sales are still balanced. Market prices in South China fell within a narrow range, and the market transaction atmosphere in the region was general. The ethyl acetate market in East China has adjusted within a narrow range. The increase in raw material acetic acid prices has given a certain boost, and more downstream purchases have followed suit.
