According to the data monitoring of business agency, the average price of acetic acid in East China was 5150 yuan / ton on March 25, an increase of 5.10% during the week compared with 4900 yuan / ton at the end of last week. As of March 25, the market price of acetic acid in various regions rose and fell as follows:

Region, March 19th ., March 25th ., Price rise and fall

South China, 4800 yuan / ton, 5050 yuan / ton ., two hundred and fifty

North China, 4700 yuan / ton, 4900 yuan / ton, two hundred

Shandong Province, 4600 yuan / ton, 4850 yuan / ton, two hundred and fifty

Jiangsu Province, 4550 yuan / ton, 4900 yuan / ton, three hundred and fifty

Zhejiang Province, 4650 yuan / ton, 5000 yuan / ton, three hundred and fifty

During the week, the acetic acid market was sorted upward, and the manufacturer’s quotation continued to rise. At the beginning of the week, acetic acid manufacturers in East China stopped for maintenance. The operators were optimistic and intended to increase. During the week, the downstream demand was stable, the manufacturers shipped smoothly, there was no pressure on the inventory, the market supply was reduced, and when the market trend was good, the acetic acid manufacturers actively negotiated shipment, and the quotation was constantly adjusted.

The market of upstream methanol rose first and then fell this week. The overall rise was dominated. The rebound of crude oil and the continuous low level of social inventory contributed to the rise of this round of methanol market. From March 18 to 25, the average price of domestic methanol production enterprises rose from 2787 yuan / ton to 3025 yuan / ton. During the cycle, the price rose by 8.52%, the price rose by 14.04% month on month and 29.83% year-on-year.

Downstream, the market of ethyl acetate rose sharply. On March 25, the price of ethyl acetate in East China was about 8570 yuan / ton, an increase of 7.05% in the week. In terms of enterprise start-up, the main large factories in Shandong maintained normal start-up, with good trading within the week, driving the market atmosphere higher. Some manufacturers in South China reduced their production load, resulting in poor shipment of some factories due to the superposition of epidemic diseases. Most of the market offers were high, and the cost led to the increase of ethyl acetate price.

According to the acetic acid analyst of business society, at present, there are more maintenance manufacturers in the acetic acid market, the enthusiasm of downstream purchasing increases, the pressure of enterprise inventory decreases, the transportation is blocked in East and North China affected by the epidemic, the market supply is tight, and the traders intend to increase, the market outlook may continue to be adjusted upward, and pay attention to the situation of enterprise devices.