China’s domestic acetic acid Market in weekly stable operation

1、 Price trend


According to the bulk data monitoring of the business agency, the domestic acetic acid market has been running steadily this week. At present, the quotation in Henan is about 2400-2450 yuan / ton; in Shandong is about 2700-2800 yuan / ton; in Hebei is about 2750-2800 yuan / ton; in Shaanxi is about 2050 yuan / ton; in Jiangsu is about 2650-2750 yuan / ton; in Zhejiang is about 2800-2900 yuan / ton; in South China The quotation for delivery is about 2750-2800 yuan / ton.


ferric sulfate (Poly ferric sulphate)

2、 Cause analysis


Products: affected by the epidemic of pneumonia, domestic logistics and transportation are limited, acetic acid production enterprises are not able to deliver goods smoothly, inventory accumulation is high, and some enterprises gradually reduce the load. Due to the delay of commencement and load reduction in some downstream markets, the overall trade and investment in the industry is light, and the overall market is stable.


Industry chain: in the upstream, the methanol market has increased the stock pressure, the enterprise’s shipment is not smooth, and the market turnover is flat, at present, about 2110 yuan / ton; the domestic acetate, vinyl acetate and acetic anhydride industries are basically in the semi closed state, the industry starts insufficiently, the demand is light, some regions are expected to resume work next week, but the transportation is still difficult; PTA spot market has a large stock pressure, and the terminal starts are delayed , limited transportation.


Azodicarbonamide (AC foaming Agent)

International: this week, the international acetic acid market is mainly stable, in which the price of acetic acid in North America is about 750 US dollars / ton; the price of acetic acid in Asia is about 325-375 US dollars / ton; the current price of acetic acid in Europe is about 620 euros / ton.


3、 Future forecast


According to the acetic acid analyst of business association, under the influence of pneumonia, the overall performance of domestic acetic acid industry chain is relatively light. First, Limited Logistics and transportation lead to weak and soft trade and investment, second, the downstream market starts late, demand is poor, and the superposition of negative factors leads to weak and stable operation of acetic acid market. It is expected that the acetic acid market is still weak in a short period of time, and transportation constraints are the main problems.

povidone Iodine