Price trend

On May 6th, the domestic EA market remains stable, with little price change today, with a range of 50 RMB/ton.

Analysis review

Since the beginning of this week, the EA market has remained weak. Although the price of acetic acid has slightly increased, downstream EA prices have not broken through due to weak supply and demand. This week, Shandong's major manufacturers are bidding for shipment, and the bidding starting price has not been adjusted yet. The premium is not high, suppressing market confidence. At present, the mainstream transaction price in the market is between 6,700-6,900 RMB/ton.

Market outlook

It is expected that the EA market will remain weak and volatile in the short term. It is recommended to pay attention to the price execution of raw material acetic acid and EA manufacturers.

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