Acetic acid prices have steadily dropped

The recent domestic acetic acid manufacturer's quotation still has a large downward adjustment on the basis of the previous period. At present, Jiangsu Thorpe acetic acid device is well-produced, sales are normal, the delivery price is 5600 ~ 5700 yuan (ton price, the same below); Yangzi acetyl factory price 5500 ~ 5600 yuan, the device is running at full capacity, shipping in general; Yangzi Petrochemical acetic acid factory Price 5500 ~ 5600 yuan, the device is operating normally, shipping in general; Shanghai Wusong acetic acid factory price is 5700 yuan, the device is operating normally, sales in general; Kelly acetic acid ex-factory price 5600 yuan (entry price), 5700 yuan / (Northeast Price); Daqing acetic acid plant normal production, ex-factory price 5800 yuan (entry price), 5900 yuan / (Northeast price); Shijiazhuang Xinyu Sanyang acetic acid plant is operating normally, the ex-factory price 5,500 yuan.
The acetic acid market in East China has stabilized after a sharp drop in the previous period. Since the price has entered the bottom, there is a slight increase in trading volume in some markets, and traders have expectations of the market outlook. Which Jiangyin market supply is sufficient, traders shipping intentions are strong, the transaction is not good, the current price of acetic acid is stable at 5500 ~ 5600 tons; Nantong area market has stabilized, the traders wait and see more, the mainstream quoted at 5500 ~ 5600 Yuan; Zhejiang acetic acid market focus has shifted downwards, the current price stabilized, downstream pick-up slightly improved, the market price 5600 yuan.
Acetate prices in South China fell sharply. As the market price in the previous period was higher than other domestic markets, the sources of supply in the East China and other places were brought southward, which caused a greater impact on the local supply side. Under the pressure of poor shipping and rising inventory, traders had to lower their prices to speed up shipments. The current mainstream market price is 5600 ~ 5800 yuan, the transaction tends to low-end prices.
The trend of acetic acid in North China was relatively stable. As the price plunged in the early period, the decline in acetic acid was blocked, while the lower price of acetic acid had been consumed. The local manufacturer’s inventory pressure was reduced, thus increasing the price. The current mainstream offer is 5400 to 5600 yuan. Among them, Shijiazhuang area alcoholic acetic acid quoted at 5400 ~ 5500 yuan, Tianjin area methanol acetic acid quoted at 5500 ~ 5600 yuan.

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