Spot shortage, China’s domestic acetic acid market price firm upward

As of October 28, the average price of acetic acid in East China was about 2636 yuan / ton, up 1.15% compared with the same period last week and 3.26% higher than that at the beginning of this month. At present, there are 2550-2680 yuan / ton in Shandong, 2600-2680 yuan / ton in Jiangsu, 2720-2820 yuan / ton in Zhejiang, 2450-2500 yuan / ton in Henan, 2600 yuan / ton in Hebei and 2150 yuan / ton in Northwest China.

 

PVA

Unit capacity (10000 t / a) unit output (T / D)

Yankuang Guotai 110.3000

Hualu Hengsheng 50.1500

Yangtze BP 50 1300

Jiangsu Sopu 120.3000

Celanese 1200 2500

Jiantao, Hebei Province

Tianjin Bohua 35 500

Henan Shunda 40.1400

Henan Longyu 50.1500

Henan Yima 25 parking

Shaanxi Yanchang 30.1300

Shanghai Huayi 70.1800

Anhui Huayi 50.1300

Dalian Hengli 35.1300

Domestic acetic acid market spot supply continues to be tight, acetic acid price high upward, market start stable, industry inventory low. With the enterprises successively deliver export orders and the increase of downstream domestic demand, the supply tension in the industry is intensified, and the acetic acid production enterprises have good intention to stand out.

 

The methanol market is running at a high level, and the market inventory is low. Downstream enterprises and traders are active in purchasing, and the methanol market is stable in a short period of time. At present, it is about 1917 yuan / ton. On the downstream side, the inventory of acetic acid downstream markets such as vinyl acetate and acetate is gradually reduced, the demand in the terminal market is good, and the spot supply in the market is limited. It is expected that the stock market will still be strong in the short term.

 

Recently, the supply of acetic acid in the international market is tight, and the price of acetic acid in various regions is running steadily. At present, the acetic acid Market in Asia is about 330-380 US dollars / ton; the European market is about 560 euro / ton; and the North American market is about 520 US dollars / ton.

 

The acetic acid analysts of the business club believe that the domestic acetic acid market starts stably, there will be no big fluctuation in a short time, the purchase of downstream demand side is stable and rising, and the inventory in the industry is low. It is expected that the acetic acid market will still run stably in a short period of time.

http://www.pva-china.net

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