According to the bulk data monitoring of business society, the average price of acetic acid was 6760 yuan / ton on October 29. Compared with the price of 7240 yuan / ton on October 23, it was reduced by 480 yuan / ton during the week, a decrease of 6.63% and 24.30% month on month. As of October 29, the market price of acetic acid in various regions in China rose and fell as follows:

region October 22nd October 29th Price rise and fall

South China 7300-7400 yuan / ton 7000-7100 yuan / ton – 300/-300

North China 7100-7350 yuan / ton 6700-6900 yuan / ton – 400/-450

Shandong region 7100-7300 yuan / ton 6650-6750 yuan / ton – 450/-550

Jiangsu region 7000-7100 yuan / ton 6700-6900 yuan / ton – 300/-200

Zhejiang region 7100-7200 yuan / ton 6800-7000 yuan / ton – 300/-200

The domestic acetic acid market is weak and downward, the on-site acetic acid enterprises have many devices, stable operation and increased inventory, while the downstream is affected by limited power production, the downstream start-up is low, there is no significant increase in market demand, the market purchase is still rational, and the on-site trading is light, resulting in the continuous increase of acetic acid inventory, coupled with the slow consumption of market supply, the domestic acetic acid enterprises in order to maintain shipment, The quotation keeps falling.

In the downstream, the market of ethyl acetate continued to decline this week. As of October 29, the price of ethyl acetate in East China was 9675.00 yuan / ton, with a decrease of 3.85% during the week. Most of the manufacturers’ devices operated normally, the enterprise inventory increased, and the market supply was sufficient. However, the downstream industry was affected by power restriction, the demand was general, the transaction volume was insufficient, and the delivery speed of ethyl acetate manufacturers decreased, The market is weak and down.

According to the acetic acid analysts of business society, in terms of supply in the domestic market, many manufacturers’ devices operate stably, the supply of goods in the acetic acid market is sufficient, the purchase in the downstream is still rational, and the contradiction between supply and demand will not be significantly improved in a short time. It is expected that the future market will be stable for the time being, and pay attention to the market transaction.