Market price of acetic acid climbs to the peak

According to the monitoring of the bulk data of the business agency, affected by the tight spot supply of acetic acid, the domestic acetic acid market continued to rise. As of November 20, the average price of acetic acid in East China was about 3166 yuan / ton, up 19.8% compared with the beginning of the month and 21.95% higher than the same period of last month. At present, there are 3050-3200 yuan / ton in Shandong, 3250-3340 yuan / ton in Jiangsu, 3300-3400 yuan / ton in Zhejiang, 3000-3100 yuan / ton in Henan, 3050 yuan / ton in Hebei, 2600 yuan / ton in Northwest China and 3250-3350 yuan / ton in South China.

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Unit capacity (10000 t / a) unit output (T / D)

Yankuang Guotai 110.3000

Hualu Hengsheng 50.1500

Yangtze BP 50 1300

Jiangsu Sopu 120.3000

Celanese 1200 2500

Jiantao, Hebei, 50.1400

Tianjin Bohua 35 parking

Henan Shunda 40.1400

Henan Longyu 50.1500

Henan Yima 25 parking

Shaanxi Yanchang parking 1300

Shanghai Huayi 70.1800

Anhui Huayi 50.1300

Dalian Hengli 35.1300

Affected by the double advantages of domestic demand and export, the domestic acetic acid market continued to rise this week. During the week, there were many enterprises in the northern region for parking and maintenance, including Tianjin Bohua 350000 T / a unit for 11.18 shutdown and maintenance for about 1 week, Shaanxi extended 450000 T / a device for 11.19 shutdown and maintenance for about 2 days. The shortage of spot supply in the market intensified, and the inventory in the industry was generally low The cumulative increase of the district is about 150-200 yuan / ton, and some enterprises have closed the offer.

 

The methanol market is strong and upward. Affected by the weather, some parts of the plant are shut down for maintenance, and the inventory of production enterprises is not high, and the attitude of the industry is mostly optimistic. At present, the profits of traders are fair, and the methanol analysts of the business society predict that the domestic methanol market will fluctuate in the short term. Downstream, affected by the upward support of raw materials, the acetate market continued to rise in the week. Due to the overall trend of oversupply in the industry, some enterprises reduced the negative operation, which eased the situation to a certain extent.

 

Recently, the supply of international acetic acid market is tight, and the price of acetic acid in various regions has been running steadily. At present, the acetic acid Market in Asia is about 420-450 US dollars / ton; the European market is about 560 euro / ton; the North American market is about 490 US dollars / ton.

 

The acetic acid analysts of the business club believe that the current domestic and foreign demand is good, the acetic acid price support is good, enterprises order more goods, less spot, downstream and traders buy up enthusiasm, it is expected that the acetic acid market will run stably in a short time.

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