As of November 27, the average price of acetic acid in East China was about 3300 yuan / ton, up 2.59% compared with the beginning of the week and 24.84% higher than that at the beginning of the month. At present, there are 3150-3300 yuan / ton in Shandong, 3400-3500 yuan / ton in Jiangsu, 3450-3550 yuan / ton in Zhejiang, 3250-3300 yuan / ton in Henan, 3250 yuan / ton in Hebei, 2850 yuan / ton in Northwest China and 3500-3600 yuan / ton in South China.
This week, the domestic acetic acid market supply is still tight. Although some parking and maintenance enterprises gradually resume production, the gap in the market supply side is still difficult to make up for. Enterprises are pushing forward with the trend, and the downstream market is buying rigid demand, which conflicts with the high price of acetic acid, and the game atmosphere between supply and demand in the industry is intensified.
Affected by the weather in some areas of methanol market, there is no quotation for shutdown and maintenance of units. The inventory of production enterprises is not high, and the attitude of the industry is mostly optimistic. At present, the profits of traders are fair, and the domestic methanol market is expected to fluctuate in the short term. On the downstream side, due to the high production cost and the maintenance of some enterprises, the market supply of acetate is tight, and the price continues to rise. As a whole, there is a certain resistance to the high price of acetic acid. The future market should pay attention to the market situation of raw materials.
Recently, the supply of international acetic acid market is tight, and the price of acetic acid in various regions has been running steadily. At present, the acetic acid Market in Asia is about 430-450 US dollars / ton; the European market is about 560 euro / ton; and the North American market is about 490 US dollars / ton.
The acetic acid analysts of the business society believe that the domestic acetic acid market continues to rise, and the enterprises in North China have reduced the supply of goods in the market. However, the downstream industries and traders have been mainly buying the rigid demand recently, which is in conflict with the high price of acetic acid. The enthusiasm of the trade in the industry is declining. It is expected that the acetic acid market will be stable in a short period of time.