According to the monitoring of large data of the business agency, the price of acetic acid in this week was weak, with the price of acetic acid at the weekend of 7762.50 yuan / ton, down 2.20% compared with the average factory price of 7937.50 yuan / ton of acetic acid last weekend, up 0.98% compared with the previous month’s month. As of June 25, the price of acetic acid Market in various regions in China rose and fell as follows:
region June 21st June 25th Price rise and fall
East China RMB 7850-8250 / ton 7700-8200 yuan / ton – 50/-150
South China 8000-8100 yuan / ton 7950-8000 yuan / ton – 50/-100
North China RMB 7850-7900 / ton 7700-7800 yuan / ton – 100/-150
Shandong Province RMB 7850-7900 / ton 7700-7750 yuan / ton – one hundred and fifty
Jiangsu Province 8000-8100 yuan / ton 7800-7850 yuan / ton – 200/-250
Zhejiang 8150-8200 yuan / ton RMB 7850-7950 / ton – 250/-300
Hebei Province RMB 7850-7900 / ton 7700-7750 yuan / ton – one hundred and fifty
This week, domestic acetic acid prices continued to decline, downstream demand is general, high prices of acetic acid conflict, the on-site mentality is obvious, under the pressure of the market, acetic acid enterprises have lowered their prices. At present, domestic acetic acid enterprises can keep inventory, and the supply of market sources is tight. Due to obvious conflict between downstream purchase and purchase, the purchasing enthusiasm is general, the market transaction is small, and the negotiation price is low, and the later stage of acetic acid market is weak.
The domestic methanol market was in a volatile operation. As of the 27th, the average production price of Shandong Province was about 2530 yuan / ton, down 0.39% compared with the previous weekend. The market was generally bought in the field, and the demand for downstream was just needed. The spot market was weak, and the futures market was better. The short-term methanol spot market was sorted out and operated.
In the downstream, the market conditions such as ethylene acetate and acetate are weak, the market supply is sufficient, the downstream demand is weak, the atmosphere of on-site negotiation is general, the actual transaction price is low, the supply demand is weak, and the market in the latter market is weak.
The analysts of acetic acid in the business society believe that the domestic acetic acid market is tight in supply, the manufacturer’s quotation is high, while downstream procurement is just needed. It is resistant to high price acetic acid, limited purchase and small market transaction. The short-term supplier market is under obvious pressure, and the air atmosphere in the field is strong. It is expected that the late acetic acid market will be weak and tidy up, and the price market may continue to decline, Pay attention to the downstream market dynamics.
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