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Recently, the market price of acetic acid in the east China region has accelerated. As the market changes too quickly, buyers are afraid to place orders easily and the transaction is very weak. The current mainstream price is reduced to 6100-6350 yuan. The mainstream market price in Ningbo is 6250-6350 yuan; the mainstream price in Jiangyin port is around 6100-6200 yuan.
The supply of acetic acid in South China is very abundant. Market demand is weak and prices are falling. The mainstream market price is 6,600 to 6,700 yuan, and many transaction prices have dropped to 6,500 yuan. At present, the arrival of goods in the market has increased, and the manufacturer's ex-factory price has dropped significantly, making it difficult for traders to make sales. The pressure on inventories is high. The downstream market also lacks support for acetic acid, causing buyers and sellers to lose confidence in the market and expecting prices to continue to fall in the later period.
The acetic acid market in North China is still very sluggish. Although most traders do not want to ship in the low position, due to the very low purchase intention of buyers, prices continue to fall, and the mainstream market price is 6,200-6,350 yuan. The downstream market of the Tianjin market is not very prosperous, and there are few transactions. The mainstream canister price has dropped to 6250-6350 yuan; Shijiazhuang market price is 6200-6300 yuan.
Acetic acid supply is sufficient and prices drop
The current domestic supply of acetic acid is very sufficient, the manufacturers are slow to ship, and the inventory pressure is high, and they continue to lower the factory price. Jiangsu Thorpe sent to the Hebei market for 6,200 yuan (t price, the same below); Yangzi Petrochemical ex-factory price 6100 yuan; Shanghai Wusong ex-factory price 6300 ~ 6400 yuan; Shandong Kim Yunmeng ex-factory price 6300 ~ 6400 yuan (actually lower turnover), Most of the products are for personal use; the acetylene ex-factory price of Yangtze is 6,500 yuan; the ex-factory price of 6,300 yuan is executed uniformly within and outside of Jihua Kuan; the ex-factory price of acetic acid in Daqing is 6,400 yuan (input price) and 6,500 yuan (in the northeast region).