Tight supply, acetic acid market prices continue to rise

The domestic acetic acid market continued to rise due to the impact of enterprises’ burden reduction and downstream centralized goods preparation. As of January 20, Shandong, Jiangsu, Zhejiang, Henan, Hebei, northwest and South China had 4150-4250 yuan / ton, 4200-4300 yuan / ton, 4200-4500 yuan / ton, 4200-4300 yuan / ton, 3700 yuan / ton and 4200-4300 yuan / ton respectively Yuan / ton, up 7.17% over the same period last week.

 

Enterprise, plant capacity (10000 tons / year) plant output (tons / day)

Yankuang Cathay 110 3000

Hualu Hengsheng 50 1400

Yangtze BP 50-1300

Jiangsu Sopu ﹣ 120 ﹣ 3600

Celanese 120 2000

Hebei Jiantao 50 1000

Tianjin Bohua Group Co., Ltd

Henan Shunda 40 parking

Henan Longyu ﹣ 50 ﹣ 1500

Henan Yima 25 parking

Shaanxi Yanchang 40 normal production

Shanghai Huayi 70-1800

Anhui Huayi 50 1300

Dalian Hengli 35 1300

Recently, the domestic acetic acid market continued to rise. Affected by the reduction of enterprise maintenance burden and downstream centralized goods preparation, the spot supply of acetic acid market was reduced, and the trade in the industry was in good condition. It was difficult to find one product in some areas, and it was difficult to effectively make up the supply side gap in a short time.

 

The domestic methanol market has been adjusted in a volatile manner. The rebound of market quotation is not large, the downstream acceptance intention is not strong, and the futures market is in a narrow range. It is expected that the domestic methanol market will be consolidated in the short term. At present, the price in Shandong is about 2360 yuan / ton. On the downstream side, the acetate Market was greatly affected by the cost support, the terminal market gradually entered the preparation period, and the market trading performed well.

 

Acetic acid analysts of business news agency believe that at present, the domestic acetic acid market performs well at both supply and demand sides, and the downstream centralized goods preparation is expected to last until the end of the month. It is difficult for the supply side to have a large growth in a short period of time. It is expected that the acetic acid market will be strong in the near future.

PVA