According to the data monitoring of business agency, the average price of acetic acid in East China was 5560 yuan / ton on February 11. Compared with the price of 5860 yuan / ton on February 7, it was reduced by 300 yuan / ton, a decrease of 5.12%. As of February 11, the market price of acetic acid in various regions rose and fell as follows:

region , February 7, February 11th , Price rise and fall

South China , 5600-5700 yuan / ton, 5450-5550 yuan / ton, – 150/-150

North China , 5650-5900 yuan / ton, 5250-5500 yuan / ton, – 400/-400

Shandong region , 5650-5750 yuan / ton, 5150-5250 yuan / ton, – 500/-500

Jiangsu region , 5550-5650 yuan / ton, 5200-5300 yuan / ton, – 350/-350

Zhejiang region , 5650-5750 yuan / ton, 5300-5400 yuan / ton, – 350/-350

During the week, the acetic acid market was weak, the downstream demand was weak before the Spring Festival, the market transaction was insufficient, the inventory of acetic acid enterprises accumulated, the start-up of acetic acid enterprises was high after the festival, the market supply was sufficient, the downstream market entry enthusiasm was not high, the market trading was light, the acetic acid enterprises competed for shipment, and the quotation continued to decline.

Downstream, the market of ethyl acetate decreased significantly. On February 11, the price of ethyl acetate in East China was about 8480 yuan / ton, a decrease of 5.76% during the week. After the festival, the operating rate of ethyl acetate increased, the main factories started stably, the large factories in Jiangsu resumed operation, the supply increased, the market supply was sufficient, most downstream industries did not start operation, the demand was weak, and the supply of ethyl acetate Market exceeded the demand.

According to the acetic acid analysts of business society, at present, the acetic acid market is in sufficient supply, the downstream demand is light, the enterprise inventory is accumulated, and the market performance is oversupplied. It is expected that the future acetic acid market will continue to operate weakly, and the specific attention will be paid to the downstream transaction.