According to the Commodity Market Analysis System of Shengyi Society, the price of acetic acid remained stable on September 30th, with an average market price of 3250 yuan/ton in the East China region, unchanged from yesterday’s price and a decrease of 2.99% from the beginning of the month.
The acetic acid market continues to operate steadily, and enterprise quotations remain unchanged. On the supply side, the acetic acid plant maintains its initial load, and the market supply of goods is stable. Before the holiday, the mentality of enterprises is relatively weak, and negotiations for shipment are the main focus; On the demand side, downstream stocking sentiment is average, and we will continue to follow up on demand. The supply and demand on site are relatively balanced, and the price of acetic acid remains stable.
On September 30th, the market prices of acetic acid in various regions are as follows:
Region/ September 29th/ On September 30th/ Rise and fall
South China region/ 3100 yuan/ton/ 3100 yuan/ton/ 0
North China region/ 3150 yuan/ton/ 3150 yuan/ton/ 0
Shandong region/ 3150 yuan/ton/ 3150 yuan/ton/ 0
Jiangsu region/ 2875 yuan/ton/ 2875 yuan/ton/ 0
Zhejiang region/ 2975 yuan/ton/ 2975 yuan/ton/ 0
The upstream raw material methanol market has risen narrowly. On September 30th, the average price in the domestic market was 2577.50 yuan/ton, an increase of 2.35% compared to yesterday’s price of 2518.33 yuan/ton. Macro positive support, the domestic methanol market continues to rise. At the same time, there is a significant destocking of port inventory, and port methanol prices are relatively strong, with methanol prices remaining firm before the holiday.
On September 30th, the downstream acetic anhydride market remained stable, with an average ex factory price of 5472.50 yuan/ton, unchanged from yesterday’s price. The upstream acetic acid market remains stable, and the cost support for acetic anhydride is still acceptable. Downstream demand is expected to follow up before the holiday, and the market trading atmosphere is relatively weak. The acetic anhydride market is running steadily and cautiously.
Market forecast: According to the acetic acid analyst from Shengyi Society, the acetic acid plant is currently operating normally, the market supply is stable, and there is still pressure on manufacturers to sell; Downstream demand is average, and market trading is mainly based on demand. The atmosphere in the market is deadlocked, and it is expected that the acetic acid market will consolidate and operate after the holiday, with prices possibly weak. We will pay attention to downstream follow-up in the future.
| http://www.thiourea.net |