According to the data monitoring of business agency, the average price of acetic acid in East China was 4260 yuan / ton on April 29. Compared with 4670 yuan / ton at the end of last week, it was reduced by 410 yuan / ton, a decrease of 8.78%. As of April 29, the market price of acetic acid in various regions rose and fell as follows:

Region, April 23, April 29, Price rise and fall

South China, 4500 yuan / ton, 4050 yuan / ton, – three hundred and fifty

North China, 4300 yuan / ton, 3600 yuan / ton, – seven hundred

Shandong Province, 4300 yuan / ton, 3600 yuan / ton, – seven hundred

Jiangsu Province, 4500 yuan / ton, 3750 yuan / ton, – seven hundred and fifty

Zhejiang Province, 4600 yuan / ton, 3850 yuan / ton, – seven hundred and fifty

During the week, the acetic acid market was weak and downward, and the manufacturer’s quotation was continuously reduced. At present, the on-site supply is sufficient, the downstream demand is weak, and it is close to May Day. In order to consume the inventory, each factory makes profit and ships, and the quotation is continuously reduced within the week. However, due to the impact of logistics and transportation, the freight is increased, and the whole downstream is mainly wait-and-see, coupled with the mentality of buying up rather than buying down in the market, the acetic acid market is weak.

The market of upstream methanol fell first and then stabilized this week, and the market fell significantly. In terms of spot, the production cost of methanol weakened, the supply was relatively abundant, and there was no significant change in the demand side. The downstream just needed to purchase before May Day, and the transportation in some areas was still limited. The methanol market fell weakly. As of April 29, the average price of methanol production enterprises in the week was reduced to 2746 yuan / ton, and the price in the cycle was reduced by 3.11%.

In the downstream, the ethyl acetate market operates weakly and stably. In terms of enterprise operation, the manufacturer’s operating rate is stable and the supply side remains loose. Affected by the epidemic, the shipment in East and North China is limited, and the downstream expectation turns weak. It is just necessary to follow up. Under the oversupply, the ethyl acetate market operates weakly.

According to the acetic acid analyst of business society, at present, there is inventory pressure on the manufacturers in the acetic acid market. They just need to buy in the downstream. Before the festival, the downstream makes profits and ships. The market trading is still light. It is expected that the acetic acid Market in the future will be weak and sorted out. Pay attention to the downstream purchasing situation.