In September for the Mid Autumn Festival and national day double effect

In September for the Mid Autumn Festival and national day double effect, downstream stocking, addition is the traditional peak season, whether acetate or other downstream products, the situation was optimistic, relatively strong purchasing intentions of acetic acid.

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October National Day return, One is the downstream margin call; two is a strong atmosphere of chemical raw material methanol, the overall market prices strong, downstream bullish hoard goods; three is due to the maintenance of Singapore Serra nice device, the outer disk prices continue to rise, China manufacturers supply domestic exports, exacerbated tensions. So the above factors support, strong demand of acetic acid in October. Therefore, although the market supply and demand of raw materials and 9-10 in the two party support, but the raw material factors.

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