Last week, the market price in East China continued to drop sharply. The market sentiment was low and turnover was low. At present, the mainstream price of acetic acid is reduced to 5,200-5,300 yuan, 500 yuan lower than the previous week; South China market supply is very sufficient, market demand is weak, prices fell sharply, the mainstream market price 5450-5550 yuan, 450-500 yuan lower than the previous week; North China The market conditions are very weak. Due to the weak supply in the market, buyers insist on suppressing prices. As a result, prices have fallen by a large margin. The market's mainstream price is 5,200-5,300 yuan, down 400-500 yuan from the previous week.
Market analysis, due to the new acetic acid capacity gradually put into operation, the external disk market trend continues to decline, increasing pressure on low-cost imports, making the domestic supply of acetic acid is very grim situation, while the downstream demand is limited, the situation of declining turnover led to higher inventory of manufacturers As market confidence declined, the price of acetic acid is still expected to stop falling and stabilize in the near future. However, due to the current price approaching the cost of alcoholic acetic acid, the recent decline will slow down.
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