According to the bulk data monitoring of business news agency, the acetic acid market continued to rise this week. The price of acetic acid at the weekend was 8062.50 yuan / ton, which was 6.79% higher than the average ex factory price of 7550.00 yuan / ton at the beginning of the week, and 31.24% higher than that of last month. As of April 30, the market price of acetic acid in China is as follows:
region date offer
Shandong Province April 30th 7900-8150 yuan / ton
Jiangsu Province April 30th 8300-8500 yuan / ton
Zhejiang Province April 30th 8400-8600 yuan / ton
Hebei Province April 30th 7900-8000 yuan / ton
Northwest China April 30th 7550 yuan / ton
South China April 30th 8600-8700 yuan / ton
North China April 30th 7900-8000 yuan / ton
This week, the domestic high level of acetic acid was strong, the supply of acetic acid in the market was tight, and Henan Shunda acetic acid plant was still under repair, so the manufacturer’s supply was insufficient. Downstream demand remained strong, and acetic acid export gave support, acetic acid market continued to be strong.
In the domestic methanol market, the overall price rose by 1.39% in the week. The inventory of Northwest enterprises is not high, and some olefins are imported to support the state of mind. The inventory of ports is reduced, and the futures market is good. The domestic spot price is rising. At present, the Shandong area is about 2560 yuan / ton.
On the downstream side, the market of vinyl acetate and acetate was sorted out and operated. Some manufacturers were affected by the shortage of raw materials to reduce production load. The market supply was strong, and the terminal purchased on demand. The future market was running at a high level.
According to acetic acid analysts of business society, at present, the quotation of domestic acetic acid market is high and firm, the supply of market goods continues to be tight, and Henan Shunda plant has not been restarted, so it is difficult to make up for the supply gap in a short time, and the acetic acid Market continues to run at a high level in the later stage.
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