① Today, the market price of glacial acetic acid continued to decline.
② Enterprise inventories fluctuated within a narrow range.
Table 1: Domestic Glacial Acetic Acid Price Summary (Unit: RMB/ton)
| Market | Previous Period | Current Period | Change | % Change |
|---|---|---|---|---|
| Hebei | 4050 | 4000 | -50 | -1.23% |
| Shandong | 4015 | 3965 | -50 | -1.25% |
| Jiangsu | 3900 | 3825 | -75 | -1.92% |
| Guangdong | 4075 | 4000 | -75 | -1.84% |
| Key Downstream Products | ||||
| Ethyl Acetate (East China) | 6665 | 6600 | -65 | -0.98% |
| Butyl Acetate (East China) | 8100 | 8050 | -50 | -0.62% |
Data Source: Chempricehub Information
Today, factory prices for glacial acetic acid continued to retreat, with mixed sentiment regarding shipments from producers.
The capacity utilization rate for glacial acetic acid units remained stable today. The current domestic capacity utilization rate stands at 71.2%.
Factory prices largely stabilized over the weekend but retreated today, leading to a synchronized decline in the broader market. While enterprise inventories showed limited overall fluctuation, downstream purchasing enthusiasm remained weak, with most buyers adhering to long-term contracts or buying strictly on demand. Consequently, trading activity was sluggish. Chempricehub Information forecasts that the glacial acetic acid market may continue to trend downward in the short term.
Ethyl Acetate: The ethyl acetate market continued its weak trend today. Over the weekend, mainstream factories primarily lowered prices to facilitate shipments. However, spot supply remains ample, and downstream demand is relatively rational. Market participants are mostly adopting a wait-and-see approach due to the declining trend, resulting in limited actual transactions. Additionally, the underlying raw material, acetic acid, shows a weak trend, causing ethyl acetate to passively follow this weakness.
Butyl Acetate: The domestic butyl acetate market maintained its weak trend today. Mainstream factories continued to offer discounts to move inventory over the weekend. Demand remains limited, particularly as buyers focus solely on essential needs amid falling prices. With both key raw materials—acetic acid and n-butanol—showing weakness, butyl acetate lacks independent momentum and passively follows the downward trend.
Table 2: Domestic Glacial Acetic Acid Data Overview (Unit: 10,000 tons)
| Data Item | Release Time | Previous Period | Expected Trend |
|---|---|---|---|
| Enterprise Inventory | Monday 14:00 PM | 16.24 | ↘ |
| Weekly Acetic Acid Output | Thursday 14:30 PM | 26.32 | ↘ |
| Weekly Capacity Utilization Rate | Thursday 14:30 PM | 80.78% | ↘ |
| Weekly Profit Margin | Thursday 16:30 PM | 944.56 | ↗ |
Data Source: Chempricehub Information
Notes:
Comments
0