As of July 22, the average price of acetic acid in East China was about 2626 yuan / ton, up 12.57% compared with 2333 yuan / ton at the beginning of the month, and 17.44% higher than the same period of last month. At present, there are 2600-2650 yuan / ton in Shandong, 2550-2650 yuan / ton in Jiangsu, 2700-2800 yuan / ton in Zhejiang, 2350-2470 yuan / ton in Henan, 2550-2600 yuan / ton in Hebei and 2200 yuan / ton in Northwest China.
| PVA 1799 (PVA BF17) |
Unit capacity (10000 t / a) unit output (T / D)
Yankuang Guotai 110.3000
Hualu Hengsheng 50.1500
Yangtze BP 50 1000
Jiangsu Sopu 120 normal production
Jiantao, Hebei, 50.1400
Tianjin Bohai Chemical Co., Ltd. started 70% of the project
Henan Shunda 40.1400
Longyu, Henan 50.1000
Henan Yima 25 parking
Shaanxi Yanchang 30.1000
Shanghai Huayi 70.1800
Anhui Huayi 50.1300
Dalian Hengli 35.1100
At present, the overall supply of acetic acid Market in East China and North China has basically recovered. On July 21, Henan Longyu dropped the negative briefly, driving the price up slightly. Shandong Yankuang followed the rise, but other enterprises have not yet completed new orders. Therefore, the overall market price did not fluctuate greatly. In addition, the demand in the downstream market was weak, and the acetic acid spot supply was expected to increase, which resulted in insufficient support Due to the limited impact of logistics and transportation, the supply of goods in the region is limited, and the price of acetic acid is strong. With the arrival of ships in the near future, this situation will be alleviated, and the price is expected to be weak in the future.
| PVA 1788 (PVA BP17) |
In terms of the upstream market, the methanol market continued to soften, some maintenance units were resumed and restarted in the early stage, and the supply side was expected to increase in the near future; some downstream enterprises had high inventory, and the downstream market was weak in chasing high prices, and the overall transaction atmosphere turned weak, with the current price of about 1635 yuan / ton. In terms of downstream, the downstream industries of acetic acid, such as vinyl acetate and acetate, started in general, the demand of downstream market was limited, the market transaction was insufficient, and the situation of oversupply was intensified, which was negative for the price support of acetic acid.
In terms of international market, the supply of acetic acid Market in Asia gradually increased with the recovery of maintenance manufacturers, but the demand of downstream market was still in stock, with the current quotation of about 270-310 US dollars / ton; the European market demand was weak, and the transaction situation was not optimistic, about 540 Euro / ton; the North American market situation of oversupply continued, at present about 450 US dollars / ton.
The acetic acid analysts of the business society believe that the domestic acetic acid market is stabilizing, and the fluctuation of some enterprises’ devices has little impact on the overall supply. The market supply is sufficient, and the wait-and-see atmosphere in the industry is relatively strong. With the increase of supply expectation, the lack of support at the cost end and the low demand in the downstream, the acetic acid market is still likely to decline in the long run.
| PVA |