The acetic acid market is in short supply and the price is climbing to the highest level in the year

According to the monitoring of the bulk data of the business agency, affected by the shortage of spot supply, the domestic acetic acid market continued to rise. As of December 4, the domestic acetic acid market was 3800-3950 yuan / ton in Shandong, 4250-4350 yuan / ton in Jiangsu, 4250-4350 yuan / ton in Zhejiang, 3650-3750 yuan / ton in Henan, 3750-3850 yuan / ton in Hebei, 3800 yuan / ton in Northwest China and 4100-4200 yuan / ton in South China About 15.2% in the week.

 

POLYVINYL ALCOHOL

Unit capacity (10000 t / a) unit output (T / D)

Yankuang Guotai 110.1500

Hualu Hengsheng 50.1500

Yangzi BP 50 12.2 stop

Jiangsu Sopu 120 3300

Celanese 120.3000

Jiantao, Hebei, 50.1400

Tianjin Bohua 35.1000

Henan Shunda 40.1400

Henan Longyu 50.1500

Henan Yima 25 parking

Shaanxi Yanchang 40.1300

Shanghai Huayi 70.1800

Anhui Huayi 50.1300

Dalian Hengli 35.1300

This week, the domestic acetic acid market continued to rise, enterprises increased 700-800 yuan / T, the industry as a whole started to decline, of which Shandong Yankuang 1 million tons / year plant on December 2, the negative 50% is expected to recover in three days, Nanjing Yangzi BPP will stop on December 2, and it is expected to overhaul for about half a month. The company’s parking and load reduction aggravates the market supply tension, and the overall inventory of the industry is low, and the enterprise intends to support the price Strong, the business is bullish, traders are reluctant to sell, the downstream market has a certain resistance to the high price of acetic acid, but the rigid demand is still stable and the intention of preparing goods is good.

 

Methanol market is in a weak decline, and the overall transaction atmosphere of the market is fair. Due to the rise of natural gas price in heating season, the future market needs to pay attention to the impact of the rising cost side. At present, Shandong Province is about 2097 yuan / ton. On the downstream side, the overall supply and demand performance of acetate Market is relatively stable. Affected by the pressure from the cost end, the product price continues to rise, and the terminal market mainly purchases the rigid demand. In addition, there is a certain speculation voice in the market, and it is expected that the high level will be strong in a short period of time.

 

Recently, affected by the sharp rise of acetic acid price in Asia, the overall performance of the international acetic acid market is strong. At present, the Asian acetic acid market is about 490-540 USD / T; the European market is about 560 EUR / T; and the North American market is about 490 USD / T.

 

The acetic acid analysts of the business club believe that the domestic acetic acid market is on a strong upward trend at present. Due to the negative impact of enterprises’ maintenance in East China, the gap at the supply end of the market is difficult to make up for in a short time, and enterprises have strong intention to push forward. Although the downstream market has some conflicts, the overall construction is relatively stable, and the demand for support is good. It is expected that the acetic acid market will rise strongly in a short time.

http://www.polyvinylalcohols.com

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