According to the data monitoring of business agency, the average price of acetic acid in East China was 5210 yuan / ton on April 8, down 0.95% during the week compared with 5260 yuan / ton at the beginning of the week. As of April 8, the market price of acetic acid in various regions rose and fell as follows:

Region, April 2, April 8, Price rise and fall

South China, 5100 yuan / ton, 5100 yuan / ton, 0

North China, 4950 yuan / ton, 4950 yuan / ton, 0

Shandong Province, 5000 yuan / ton, 5000 yuan / ton, 0

Jiangsu Province, 5050 yuan / ton, 5000 yuan / ton, – fifty

Zhejiang Province, 5150 yuan / ton, 5100 yuan / ton, – fifty

During the week, the acetic acid market was sorted down, and the manufacturer’s quotation was slightly reduced. This week, the maintenance manufacturers of acetic acid plant in East China have not been restored, and the supply of goods in the site remains rational. Affected by public health events, the logistics and transportation are blocked, the enterprise shipment is difficult, and the downstream demand is limited. The operator’s mentality is mainly wait-and-see, and the overall price remains stable. Due to the accumulation of inventory in some regions, the quotation is slightly adjusted and reduced.

The market of upstream methanol fell slightly this week, the price consolidation was down, the downstream demand was low, the market atmosphere was slightly deadlocked, traders bought gas in general, and the shipment was not smooth. The support of raw coal price for methanol production cost was weakened. From April 1 to 8, the average price of domestic methanol production enterprises fell from 3070 yuan / ton to 3022 yuan / ton, the price decreased by 1.55% during the cycle, the price decreased by 1.47% month on month, and the year-on-year increase was 26.20%.

Downstream, the ethyl acetate Market rose slightly. On April 8, the price of ethyl acetate in East China was about 8800 yuan / ton, an increase of 0.77% during the week. In terms of enterprise start-up, the main large factories in Shandong maintained normal start-up, and the transaction was good this week, driving the market atmosphere. The price of ethyl acetate remained at a high level. Some manufacturers in South China reduced the load of production, resulting in poor shipment of some factories due to the superposition of epidemic diseases, and the market quotation was mainly high.

According to the acetic acid analyst of business society, at present, the supply side of acetic acid market is tight and there is no pressure on enterprise inventory, but the follow-up of downstream demand is weak. Due to the impact of the epidemic in East and North China, transportation is blocked and it is difficult to synchronize shipment and purchase. It is expected that the future acetic acid market will be stable for the time being and pay attention to the downstream purchase.