Acetic acid market price rises in short supply

According to the bulk data monitoring of the business community, affected by the tight supply of acetic acid market, the domestic acetic acid market continued to rise. As of January 26, Shandong Province was 4800-4900 yuan / ton, Jiangsu Province 5100-5200 yuan / ton, Zhejiang Province 5200-5300 yuan / ton, Henan Province 4800-4900 yuan / ton, Hebei Province 4700-4800 yuan / ton, Northwest China 4350 yuan / ton, South China 4900-5000 yuan / ton Around, up 7.17% over the same period last week.

 

At present, the domestic acetic acid market as a whole is high and strong, and the spot supply exceeds the demand. The downstream market has a positive performance in preparing goods before the festival, and the trade is active. Due to the shutdown and overhaul of some devices in North China, the market supply is in short supply. How long does the manufacturer make delivery, and it is difficult to make up the supply side gap in a short time.

 

In recent years, the domestic methanol market is mainly stable and consolidated. Affected by the higher freight rate and the increased cost of traders, the domestic methanol spot market is relatively strong, while the downstream market has entered the holiday season one after another, and the demand side support is limited. At present, Shandong is about 2335 yuan / ton. In the downstream, acetate and other markets are active, and some enterprises still start work during the Spring Festival, so the demand side is still positive for acetic acid.

 

POLYVINYL ALCOHOL

Acetic acid analysts of business news agency believe that the domestic acetic acid market is currently in a strong operation, and the favorable demand side is expected to continue to the Spring Festival holiday. In addition to the increase in logistics and transportation costs, it is expected that the acetic acid market will continue to operate strongly in the near future.