[Financial] November 25th Gaede chemical net chemical acetate commodity index was 51.26, a period of record low, compared to 08 in 2014 17 the highest point of 106.48 points dropped by 51.86%. (Note: the cycle refers to 2011-09-01 so far)

Acetic acid market vulnerable to run, the trading floor is steady light atmosphere. The acetic acid market inventory is sufficient, manufacturers face severe pressure shipments, mostly low-cost goods to go. Upstream raw material methanol due to the recent rain and snow weather, shipping more light, the overall market consolidation, narrow fluctuations, has little effect on acetic acid market. Downstream of ethyl acetate and butyl acetate market steady light finishing, trading poor, sluggish downstream demand, short-term market stability oriented. Overall, the lack of positive factors supporting the market of acetic acid, is expected in the short term steady light consolidation.