1、 Price trend
According to the bulk data monitoring of the business agency, the domestic acetic acid market has been stable in the near future. At present, the quotation in Henan is about 2300-2350 yuan / ton; in Shandong is about 2400-2500 yuan / ton; in Hebei is about 2500 yuan / ton; in Shaanxi is about 2150 yuan / ton; in Jiangsu is about 2400-2500 yuan / ton; in Zhejiang is about 2600-2700 yuan / ton; in South China is about 2400-2500 yuan / ton The delivery price is about 2650-2700 yuan / ton.
| Gamma Polyglutamic acid Gamma PGA |
2、 Cause analysis
Product: in the near future, due to the influence of rain and snow in the northern region, the transportation is limited, which makes it difficult for enterprises to ship goods. However, due to the low inventory of enterprises in the early stage, the overall inventory pressure of the market will not increase significantly in the short term, and the market is generally in a state of production and sales balance.
Industry chain: in the upstream, the methanol market has stopped falling and rebounded, and the price continues to rise. At present, it is about 2110 yuan / ton; the domestic acetate, vinyl acetate and acetic anhydride industries are stable and soft, the terminal market demand is poor, and the enterprise’s shipping intention is high, but the transaction is light; PTA spot market continues to rise, at present, it is about 5022 yuan / ton.
| Gamma Polyglutamic Acid |
International: this week, the international acetic acid market is mainly stable, among which the price of acetic acid in North America is about 615 US dollars / ton; that in Asia is about 310-355 US dollars / ton; that in Europe is about 650 euros / ton.
3、 Future forecast
According to the acetic acid analyst of business association, due to the continuous high price of raw material methanol and the general low inventory of enterprises, the enterprises intend to push up in the near future, but near the Spring Festival and the logistics and transportation are not smooth, so the market mentality is cautious and mainly wait-and-see. It is expected that the acetic acid market will maintain stability in a short period of time.
| http://www.sulfamic-acid.com |