SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: Manufacturers Supported the Price, and the Acetic Acid Market Was Finishing Up

November 10 2021 13:51:03     SunSirs (John)

Price trend

According to the monitoring of the bulk data of SunSirs, the average price of acetic acid on November 5 was 6,900 RMB/ton, compared with the price of 6,750 RMB/ton on October 30, an increase of 150 RMB/ton or 2.22%during the week, and a month-on-month decrease of 23.08%.

Analysis review

The domestic acetic acid market was sorted up and the acetic acid companies on the market had strong intentions to support the price, and the quotations continued to rise during the week. Downstream demand increased, acetic acid manufacturers were actively shipping, and the demand side gradually entered the market to cover positions after the market stabilized, which brought support to the acetic acid market. However, the downstream demand is currently limited, and the later price quotations may be mainly wait-and-see.

On the downstream side, the market for EA continued to be weak this week. As of November 5, the price of EA in East China was 9,587.50 RMB/ton, a price drop of 0.90% during the week. Factory equipment was operating normally, market supply was sufficient, downstream demand was average, and transactions were lacking. The EA market was weakly consolidating.

Market outlook

The acetic acid analyst of SunSirs believes that in terms of domestic market supply, manufacturers’ installations are more stable, market inventories are sufficient, and downstream demand has improved compared with before. Domestic acetic acid market inventory is stably shipped. It is expected that the market outlook for acetic acid will be sorted to run, with specific attention to downstream transactions.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Related Information
Energy
Chemical
1,3-butadiene | 2-EH | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium biphosphate | Ammonium chloride | Ammonium nitrate | Ammonium sulfate | Aniline | BDO | Benzene | Benzol | Bisphenol A | Bromine | Butyl acetate | Calcium carbide | Carbon black | Caustic soda | Chlorinated Paraffin | Chloroform | Coal tar | CPL | Cryolite | Cyclohexane | Cyclohexanone | DAP | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl alcohol | Ethylene glycol | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | glycine | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutyraldehyde | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MDI | MEK | Melamine | MIBK | N-butanol | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | PAM | Paraformaldehyde | Phenol | Phosphate rock | Phosphoric acid | Phosphorus yellow | Polycarboxylate Superplasticizer | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PX | R134a | R22 | Salicylic acid | Silica | Silicone DMC | Soda ash | Sodium Bicarbonate | Sodium metabisulfite | Styrene | Sulfur | Sulfuric acid | TDI | Tetrahydrofuran | Titanium Dioxide | Toluene | Urea | vitamin A | vitamin C | vitamin E | Xylene |
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products