According to the bulk data monitoring of business society, the price trend of acetic acid rose sharply in September. At the beginning of the month, the quotation of acetic acid was 6060.00 yuan / ton, which soared nearly 3000 yuan in the month. As of September 29, the price of acetic acid rose to 8950.00 yuan / ton, an increase of 47.69%, and on September 27, the price of acetic acid once rushed to 9050.00 yuan / ton, breaking a ten-year high.

As of September 29, the details of acetic acid market prices in various regions in China during the month are as follows:

region September 1st September 18th September 29th

South China 5850-5900 yuan / ton 7200-7300 yuan / ton 8700-8900 yuan / ton

North China 5950-6100 yuan / ton 7200-7400 yuan / ton 9000-9100 yuan / ton

Shandong region 5900-6100 yuan / ton 7100-7350 yuan / ton 8900-9050 yuan / ton

Jiangsu region 5850-5950 yuan / ton 7600-7950 yuan / ton 8900-9000 yuan / ton

Zhejiang region 5900-6000 yuan / ton 7650-8000 yuan / ton 9000-9100 yuan / ton

From the price trend of acetic acid Market in September, the overall fluctuation is that the price is stable at the beginning of the month, and the price of acetic acid rises sharply in the middle and late ten days. In the early stage, the overall supply of goods in the market was sufficient, the downstream demand was weak, and the purchase was dominated by rigid demand; After more than a month of wait-and-see operation of acetic acid from mid July, acetic acid has started the soaring mode since September 13, and the market can not be pulled. One day, the price is high, and the enterprise’s single day increase of 800 yuan has even become common. The fundamental reason is that the low operation of domestic acetic acid plants is the main reason. In September, Shandong and Jiangsu acetic acid plants were affected by power restriction and double control, and the operation of some plants is limited; The planned maintenance or failure of acetic acid manufacturers in North China and Northwest China led to the parking of the unit, the supply of goods in the yard was tight, and the negotiated price rose. After the Mid Autumn Festival, the unit remained low, the supply of goods in the market was tight, and the price of acetic acid continued to rise sharply due to the active promotion of traders in the field.

The market of downstream ethyl acetate rose sharply in September. As of September 29, the quotation was 10300 yuan / ton, an increase of 25.23% over the price of 8225 yuan / ton at the beginning of the month. In September, ethyl acetate manufacturers had a lot of equipment maintenance. The main domestic manufacturers of Jiangsu Baichuan, Yankuang and Taixing Jinjiang successively stopped for maintenance, with low start-up, a sharp decline in supply, tight market supply, and traders’ reluctance to sell, resulting in a tense market atmosphere, and the price of ethyl acetate continued to rise.

Market outlook for acetic acid: Analysts of business society believe that although the current acetic acid market is running at a high level, the supply side enterprises are overhauling their devices, and the inventory is tight, the devices in the field will recover one after another after the national day. In addition, due to the strong demand in the downstream and the attitude of being more resistant to high prices, under the game of supply and demand, it is expected that the market outlook may be high or down, Specific attention shall be paid to the commencement of devices in the field after the festival.