China’s domestic acetic acid market price continued to rise (9.14-9.18)

As of September 18, the average price of acetic acid in East China was about 2553 yuan / ton, up 2.54% from 2490 yuan / ton at the beginning of the week. At present, there are 2450-2600 yuan / ton in Shandong, 2500-2600 yuan / ton in Jiangsu, 2550-2630 yuan / ton in Zhejiang, 2400-2450 yuan / ton in Henan, 2500-2530 yuan / ton in Hebei and 2100 yuan / ton in Northwest China.

 

PVA 1799 (PVA BF17)

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

Yankuang Guotai 110.3000

Hualu Hengsheng 50.1600

Yangtze BP 50 1300

Jiangsu Sopu 120 parking

Celanese 1200 2500

Jiantao, Hebei, 50.1400

Tianjin Bohua 35.1000

Henan Shunda 40.1400

Longyu, Henan 50.1300

Henan Yima 25 parking

Shaanxi Yanchang 30.1000

Shanghai Huayi 70.1800

Anhui Huayi 50 parking maintenance

Dalian Hengli 35.1100

POLYVINYL ALCOHOL

The domestic acetic acid market was strong and upward this week. At the beginning of the week, the domestic acetic acid price had risen to a high level. Some companies were cautious in purchasing and the market trading was weak. On Wednesday, Jiangsu SOPP 1.2 million tons / year device was shut down, the market supply continued to decline, and the market price mentality was improved. In addition, the downstream and traders’ positive intention to prepare goods near the end of the month led to the improvement of the purchasing situation.

 

In the upstream market, affected by the strong trend of futures, the quotation of methanol market in various regions has also increased to varying degrees. Some production enterprises temporarily shut down their devices, and the shipment of enterprises is fair, and the manufacturer’s offer is firm. It is expected that the domestic methanol market will fluctuate at a high level in the short term, at present, it is about 1810 yuan / ton. Downstream, vinyl acetate, acetate and other downstream industries of acetic acid are driven by high cost pressure, and downstream purchasing is mainly on demand, and the enterprise shipping situation is general.

 

In recent years, the international acetic acid market has been running steadily, among which the Asian acetic acid market has slightly increased due to the strong price of raw material methanol and the decline of supply, and the current quotation is about 310-345 US dollars / ton; the supply and demand in European market is stable, and the price is stable, which is about 540 euro / ton; the supply in North America market is tight, and the price is slightly higher within the week, and the current price is about 500 US dollars / ton.

 

Acetic acid analysts of the business club believe that the downstream market of acetic acid is gradually completed, with digestion contracts as the main part, and some sporadic small orders are traded; the decline of operating rate and inventory of acetic acid market leads to the supply side supporting the firm operation of the market.

PVA