-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
- Cosmetic Ingredient
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Recently, downstream demand has increased, driving the acetic acid market to improve
.
According to the monitoring of bulk data of the business community, as of June 26, the average price of acetic acid in East China was 4,113 yuan (ton price, the same below), an increase of 3.
79% compared with the price at the beginning of the week of 3,963 yuan, and a decrease of 25.
36% from the beginning of the month
.
The domestic acetic acid market bottomed out and rebounded mainly due to the excessive price drop in the early stage.
The price of acetic acid in some areas fell to near the cost line, the downstream demand for stockpiling increased, the market inquiries were active, the trading atmosphere on the market improved, the stockholders were optimistic, and the market offered raised
.
However, downstream enterprises mainly purchase on demand, with limited positive support, and the price of acetic acid has not risen significantly, and the market conditions are wait-and-see
.
On the downstream side, the acetic anhydride market first fell and then rose
.
As of June 26, the ex-factory price of acetic anhydride was 7,450 yuan, down 3.
25% from June 19
.
The upstream raw material market stopped falling and recovered, and the price of acetic acid increased, so the cost and price of acetic anhydride increased
.
Another downstream ethyl acetate market continued to decline
.
As of June 26, the average ex-factory price of ethyl acetate in East China was 8,100-8,300 yuan, down 1.
19% within the week
.
At present, the price of ethyl acetate is still low, the operating rate of the industry is not high, and the demand is off-season to suppress the price rebound.
It is expected that the short-term ethyl acetate market will still operate weakly
.
Regarding the market outlook, the acetic acid analysts of the business agency believe that the current domestic acetic acid market is quiet, the factory quotations are temporarily stable, and the industry's mentality is deadlocked
.
The downstream demand is in the off-season, and the purchase just needs to be followed up, and the on-site trading is acceptable
.
It is expected that the acetic acid market will be organized and run in the short term, and attention should be paid to the downstream follow-up in the later stage
.
