According to the monitoring data of the business news agency, the acetic acid market continued to decline. On the 19th, the price of acetic acid was 7660.00 yuan / ton, down 0.49% from yesterday and 4.99% from early May. As of May 19, the market price of acetic acid in China is as follows:

region May 18th May 19th Price rise and fall

East China 7800-7900 yuan / ton 7800-7900 yuan / ton 0

South China 7700-7750 yuan / ton 7500-7550 yuan / ton – two hundred

North China 7700-7900 yuan / ton 7650-7900 yuan / ton – fifty

Shandong Province 7700-7900 yuan / ton 7500-7700 yuan / ton – two hundred

Jiangsu Province 7500-7600 yuan / ton 7300-7400 yuan / ton – two hundred

Zhejiang Province 7600-7700 yuan / ton 7400-7500 yuan / ton – two hundred

Hebei Province 7900 yuan / ton 7650 yuan / ton – two hundred and fifty

Northwest China 7300 yuan / ton 7300 yuan / ton 0

The domestic acetic acid market is weak. At present, the operation of acetic acid plants is normal, the inventory of manufacturers is increased, and the supply of acetic acid in the market is sufficient. The downstream traders just need to buy rationally, the purchase is limited, the market transaction is weak and stable, the short-term market supply and demand is dominated by the downstream, and the market sentiment is mainly bearish.

According to acetic acid analysts of business news agency, at present, domestic acetic acid manufacturers have increased inventory and sufficient supply in the market. However, enterprises reflect that the spot is still tight and the short-term market price remains high. As the downstream is mainly on demand, the overall supply and demand of the market, it is expected that the acetic acid market will decline slightly in the future.