Domestic acetic acid market rises insufficiently

Last week, the domestic acetic acid market sentiment was mild. The acetic acid plant started smoothly and the market supply was relatively sufficient. At present, the upstream raw material market has certain support for the cost of acetic acid, and the ex-factory price of acetic acid has risen steadily, which helps the market to maintain a stable state of mind. However, due to the obvious pressure of market supply and the insufficiency of downstream demand, the acetic acid market lacks upward momentum and prices continue to consolidate within a narrow range.

The acetic acid market in east China was stable and the prices rose slightly. The downstream demand was flat, and the number of buyers was not large. The transaction volume was slightly weak. The market's mainstream price was 2750-2850 yuan (t price, the same below).

The acetic acid market in southern China was stable and prices were sideways. The stock supply is stable, the downstream demand is stagnant, terminal buyers need to order, small quantities of transactions are mostly, the transaction atmosphere is weak, traders are generally shipped, inventory pressure is not, there is a certain wait and see mood, the market mainstream price in 2900 ~ 3000 yuan.

The acetic acid market in North China is relatively stable, and prices have risen steadily. The demand remained stable, terminal buyers had certain intentions of receiving goods, and high-end deals were slightly loosened. Normal stock supply, traders shipped in general, the market price of 2750 ~ 2850 yuan.