Glacial acetic acid spot prices fall as supply rises and capacity utilization hits 71.2%

1. Today’s Summary

① The spot price of glacial acetic acid continued to decline today.
② Domestic capacity utilization rates have increased slightly.

2. Spot Market Overview

Table 1: Summary of Domestic Glacial Acetic Acid Prices (Unit: RMB/ton)

Data Source: Chempricehub Information

Factory prices for glacial acetic acid declined today, and overall market trading sentiment remained moderate.

3. Production Dynamics

Today, the capacity utilization rate of glacial acetic acid plants edged higher within a narrow range. Currently, the domestic capacity utilization rate stands at 71.2%.

4. Price Forecast

The market price of glacial acetic acid continued to fall today, with some plant prices further reduced. Overall market supply has been continuously increasing, leading traders to lower their quotes. Downstream buyers mostly replenished inventory on an as-needed basis or fulfilled long-term contracts. Chempricehub predicts that the glacial acetic acid market may continue to trend downward in the short term.

5. Related Product Status

Ethyl Acetate: The ethyl acetate market saw a slight decline today. As raw material acetic acid prices fell, major ethyl acetate producers offered discounts to facilitate sales. New order transactions were generally modest. Demand remains rational; under the downtrend of acetic acid prices, traders and downstream users have limited restocking intentions. Passive shipping by enterprises has led to a phased weakening of ethyl acetate prices.

Butyl Acetate: The domestic butyl acetate market saw partial adjustments today. On the raw materials side, n-butanol prices stabilized after rising, while acetic acid prices decreased. Major producers lowered quotes to clear inventory, resulting in moderate new order transactions. Demand momentum is insufficient, causing butyl acetate prices to fluctuate slightly due to passive influence from raw material costs.

6. Data Calendar

Table 2: Domestic Glacial Acetic Acid Data Overview (Unit: 10,000 tons)

Data Source: Chempricehub Information
Notes:

1. ↓↑ indicates significant fluctuations, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates minor fluctuations, highlighting data dimensions with changes within 0-3%.