According to the data monitoring of business agency, the average price of acetic acid in East China was 4670 yuan / ton on April 22. Compared with 5100 yuan / ton at the end of last week, it was reduced by 430 yuan / ton, a decrease of 8.43%. As of April 22, the market price of acetic acid in various regions rose and fell as follows:
Region, April 16, April 22, Price rise and fall
South China, 4900 yuan / ton, 4500 yuan / ton, – four hundred
North China, 4800 yuan / ton, 4300 yuan / ton, – five hundred
Shandong Province, 4900 yuan / ton, 4300 yuan / ton, – six hundred
Jiangsu Province, 5000 yuan / ton, 4500 yuan / ton, – five hundred
Zhejiang Province, 5100 yuan / ton, 4600 yuan / ton, – five hundred
During the week, the acetic acid market was weak and downward, and the manufacturer’s quotation was significantly reduced. Affected by the increasing demand of acetic acid plants in Shangyi area, the supply of acetic acid plants in Shangyi area was not restored, and the supply of acetic acid plants in the downstream market was not restored due to the continuous increase of public transportation in Shangyi city. Due to the continuous decline of freight supply in Shangyi City, the market demand of acetic acid plants in Shangyi city and Shanghai was not restored, and the main suppliers were affected by the increase of freight supply in Shangyi city, Acetic acid market continues to be weak.
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The upstream methanol market first rose and then fell this week, with limited overall fluctuation. The impact of crude oil weakened, affecting the decline of the futures market. The quotation of domestic production enterprises in the main production areas increased according to their own shipment situation. The methanol market was in sufficient supply. Although there were pre holiday preparation expectations in the downstream, the demand was general. From April 15 to 22, the average price of domestic methanol production enterprises increased from 2812 yuan / ton to 2835 yuan / ton, the price increased by 0.80% during the cycle, and the price fell by 2.91% month on month, Up 12.95% year on year.
Downstream, the ethyl acetate Market declined weakly. On April 22, the price of ethyl acetate in East China was about 8350 yuan / ton, down 1.38% during the week. In terms of enterprise construction, the main large factories in Shandong started normally, which was flat compared with last week. At present, the manufacturer’s inventory pressure is obvious, and the downstream expectation turns weak. Under the oversupply, the manufacturers often reduce the quotation, and the ethyl acetate Market is weak.
According to the acetic acid analyst of business society, there is inventory pressure in the supply of acetic acid market at present. Due to the impact of transportation and the weakness of downstream demand, the market trading is light, and the supply and demand performance is oversupply. It is expected that the future acetic acid market will be weak and sorted out, and pay attention to the downstream purchase.
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