Sinochem New Network News last week, the domestic acetic acid market in a relatively high order. Nanjing's 1.2 million-ton/year acetic acid plant has not yet been restarted. Coupled with the export of some products, the acetic acid plant has a low inventory, which supports the market to maintain high sentiment. At present, the acetic acid manufacturers offer firm, the trader's attitude is relatively stable, and the short-term market runs smoothly.
The market of acetic acid in East China oscillated in a narrow range and prices rose steadily. The trading atmosphere of the market is stable. Traders are concerned about the dynamics of the acetic acid plant in Nanjing. Traders are selling at a steady price and shipping is normal. At present, the mainstream market price in East China is between RMB 3,300 and RMB 3,600 (t price, the same below).
The South China acetic acid market is operating strongly and prices are sideways. The tight supply of the market, but the downstream demand is relatively flat, offsetting the pressure on the supply side, the market trading atmosphere is still acceptable, traders have a stable state of mind, quotes remain strong, the mainstream price in the 3500 ~ 3700 yuan.
The North China acetic acid market slumped and prices fell slightly. The downstream demand was weak, terminal buyers' intention to enter the market was weak, trading volume was difficult to enlarge, and the market trading atmosphere was weakened. Traders have a certain degree of intention to ship, offer prices slightly lower, the mainstream price of 3350 ~ 3450 yuan.
The market of acetic acid in East China oscillated in a narrow range and prices rose steadily. The trading atmosphere of the market is stable. Traders are concerned about the dynamics of the acetic acid plant in Nanjing. Traders are selling at a steady price and shipping is normal. At present, the mainstream market price in East China is between RMB 3,300 and RMB 3,600 (t price, the same below).
The South China acetic acid market is operating strongly and prices are sideways. The tight supply of the market, but the downstream demand is relatively flat, offsetting the pressure on the supply side, the market trading atmosphere is still acceptable, traders have a stable state of mind, quotes remain strong, the mainstream price in the 3500 ~ 3700 yuan.
The North China acetic acid market slumped and prices fell slightly. The downstream demand was weak, terminal buyers' intention to enter the market was weak, trading volume was difficult to enlarge, and the market trading atmosphere was weakened. Traders have a certain degree of intention to ship, offer prices slightly lower, the mainstream price of 3350 ~ 3450 yuan.
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