According to the bulk data monitoring of business society, the price of acetic acid first rose and then fell in November. The quotation of acetic acid at the beginning of the month was 6730 yuan / ton, and the price of acetic acid at the end of the month was 6680 yuan / ton, a decrease of 0.74%. The price increased by 96.47% year-on-year, and the highest price in the month was 7230 yuan / ton, an increase of 7.43% compared with the beginning of the month.

As of November 30, the details of acetic acid market prices in various regions in China during the month are as follows:

region November 1st November 17th November 30th

South China 7000-7100 yuan / ton 7150-7250 yuan / ton 6600-6700 yuan / ton

North China 6700-6900 yuan / ton 7000-7100 yuan / ton 6500-6600 yuan / ton

Shandong region 6650-6750 yuan / ton 7000-7150 yuan / ton 6400-6550 yuan / ton

Jiangsu region 6700-6900 yuan / ton 7000-7200 yuan / ton 6500-6600 yuan / ton

Zhejiang region 6800-7000 yuan / ton 7200-7300 yuan / ton 6600-6700 yuan / ton

In November, the acetic acid market rose first and then fell. In the first ten days of market consolidation, the inventory of acetic acid enterprises in the field was digested smoothly, the intention to support the price was strong, the quotation rose continuously, the active purchase in the downstream increased, and the acetic acid manufacturers actively shipped to promote the upward movement of the market price. The domestic acetic acid plant operated normally in the last ten days. Although there were enterprise plant maintenance, there were many goods prepared in the early stage to maintain the sufficient supply of goods in the acetic acid market. The downstream demand entered the off-season, and the market purchase was just needed. The acetic acid manufacturers negotiated shipment, the transaction focus shifted downward, and the market price continued to decline.

The downstream ethyl acetate market fluctuated downward in November. As of November 30, the quotation was 9550 yuan / ton, a decrease of 1.04% over the price of 9650 yuan / ton at the beginning of the month. In November, the demand for ethyl acetate fluctuated little, the market remained rigid and stable, and the price rise and fall were mostly affected by the cost and supply side. During the month, the main manufacturers of ethyl acetate gradually increased from early maintenance to commencement. The enterprises adjusted the quotation according to their own shipment, and the ethyl acetate market gradually decreased.

The market outlook of acetic acid is expected. The acetic acid analysts of business society believe that the downstream demand continues to be weak, the domestic acetic acid market is in sufficient supply, and the situation of oversupply will remain in operation for a short time. It is expected that the market outlook of acetic acid will be weak, and the specific attention will be paid to the downstream transaction.