Acetic acid market is strong

The domestic acetic acid market has recently gained strength and prices continue to rise. The strong operation of the raw material market constitutes a certain support for the cost of acetic acid. The external disk continues to rise, and some of the acetic acid manufacturers in East China have been exporting shipments, reducing the supply of domestic trade. Coupled with news that Shandong and Hebei acetic acid plant production is unstable, the manufacturers are very price-conscious. With all the positives, the acetic acid market is expected to continue to fluctuate in the short term.

In terms of manufacturers, the domestic acetic acid plant is operating normally. The main equipment load in Jiangsu is about 80%. Some of the products are shipped by the manufacturers, and the shipments are normal. The mainstream quotation slightly rises to RMB 3,600 to RMB 3,700 (t price, the same below); the main units in Shandong are in normal production, and the manufacturers’ shipments are normal, and the mainstream quoted price increases. To 3700 ~ 3800 yuan; Henan main equipment full production, sales of smooth manufacturers, the mainstream quotes rose sharply to 3,700 ~ 3,800 yuan; Hebei main device starts well, manufacturers shipped smoothly, the mainstream quote rose to 3800 ~ 3900 yuan.

In terms of the market, the East China market has insufficient supply and the price has risen strongly. Although the main downstream buyers have general intention of receiving goods, some of the acetic acid products are shipped and shipped out. The stock on the market is not high and the quotation is firm. At present, the mainstream quoted price is between 3,700 and 3,900 yuan. Which Jiangsu market traded better, the mainstream offer in the 3600 ~ 3800 yuan; Zhejiang Ningbo market trading in general, the mainstream quoted in the 3700 ~ 3800 yuan.

The South China market has a strong trend and prices continue to rise. The tight market spot supply stimulated some of the middlemen to enter the market to replenish, the end buyers were active in inquiries, the traders had low intentions to ship, the attitude was very stable, and the price rose strongly. The current mainstream price is between 4000 and 4,100 yuan.

The North China market oscillated upwards and prices rose significantly. The local acetic acid factory stocks are not many, the market spot stock drops, has improved the trader's confidence to a certain extent. However, the volume of shipments received by downstream buyers is still dominated by small quantities, which makes it difficult to increase transaction volume. At present, the trader's intention to ship is not high, and the offer price has been raised. The mainstream price is between 3,700 and 3,800 yuan.

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