According to the data monitoring of business agency, the average price of acetic acid in East China was 5060 yuan / ton on May 22. Compared with 5070 yuan / ton at the beginning of the week, it was reduced by 10 yuan / ton during the week, with little change on the whole. As of May 22, the market price of acetic acid in various regions rose and fell as follows:

Region, May 16, May 22, Price rise and fall

South China, 4700 yuan / ton, 4650 yuan / ton, – fifty

North China, 4900 yuan / ton, 4900 yuan / ton, 0

Shandong Province, 4850 yuan / ton, 4900 yuan / ton, + fifty

Jiangsu Province 4800 yuan / ton, 4800 yuan / ton, 0

Zhejiang Province, 4900 yuan / ton, 4900 yuan / ton, 0

During the week, the acetic acid market operated on a wait-and-see basis, and the price trend changed little. In the acetic acid market, the unit maintenance and low load operation of individual enterprises, the market supply is tight, the enterprise inventory is not under pressure, the downstream purchase is rational, the purchase is based on demand, the enterprise shipment is smooth, the operators hold a wait-and-see attitude, and most of the manufacturer’s quotations operate stably temporarily.

In terms of spot, the ex factory offer of main production enterprises in the main production area increased at the beginning of the week, but the spot gas buying is general, the demand is long, the overall shipment is general, and the downstream receiving price is difficult to push up. As of May 22, the average price of methanol production enterprises was 2665 yuan / ton, an increase of 0.85% during the week.

In the downstream, the market of ethyl acetate decreased slightly. In terms of enterprise operation, most units of manufacturers in East and South China operate normally, and the supply is relatively abundant. In terms of demand, the purchase intention of downstream factories is weak, and most transactions are based on small orders and low-end prices. East China was generally affected by national public health events, which dragged down market transactions and restrained some demand.

The acetic acid analyst of business society believes that the supply of acetic acid market is OK, the downstream demand is stable, the purchase in the market just needs to be followed up, the enterprise inventory is not under pressure, the shipment is smooth, and the overall supply and demand in the market remains balanced. It is expected that the short-term acetic acid market will wait and see, sort out and operate, and pay specific attention to the downstream purchase.