According to the bulk data monitoring of business agency, the average price of acetic acid in East China was 6180 yuan / ton on December 17. Compared with the price of 6140 yuan / ton on December 11, it increased by 40 yuan / ton, or 0.65%, and the price fell by 14.40% month on month. As of December 17, the market price of acetic acid in various regions in China rose and fell as follows:

region December 11th December 17th Price rise and fall

South China 6000-6100 yuan / ton 6000-6100 yuan / ton 0/0

North China 6050-6150 yuan / ton 6050-6200 yuan / ton 0/50

Shandong region 6050-6200 yuan / ton 6050-6250 yuan / ton 0/50

Jiangsu region 6000-6100 yuan / ton 6000-6100 yuan / ton 0/0

Zhejiang region 6100-6200 yuan / ton 6100-6200 yuan / ton 0/0

The domestic acetic acid market is waiting to be sorted out, the enterprise inventory is not under pressure, the downstream purchase is just needed, the on-site trading is OK, the shipment of individual enterprises is smooth, and the quotation rises slightly within the week. Although the production of Jiangsu Thorpe plant is resumed and the market supply is increased, the overall operation of domestic acetic acid enterprises is not high, the enterprise inventory is rational, and the market supply and demand is basically balanced.

In the downstream, the ethyl acetate market first fell and then rose this week, with the overall price falling by 0.56% during the week. As of December 17, the price of ethyl acetate in East China was 8833.33 yuan / ton, mainly due to the obvious price reduction of major manufacturers last week, the irrational bidding effect of major manufacturers and the inertia decline at the beginning of the week. However, due to the bottom of the price, the manufacturers had negative profits, and some manufacturers reduced their load or stopped production in the middle of the week, The decline in production brought about a rebound in prices.

According to the acetic acid analysts of business society, at present, the supply of acetic acid market is stable, the downstream purchase just needs to be followed up, and the enterprise shipment is smooth. It is expected that the short-term acetic acid market will be stable and wait-and-see for a while, and pay attention to the market supply and downstream transactions.