1、 Price trend
According to the bulk data monitoring of the business agency, the domestic acetic acid market is stable. At present, the quotation in Henan Province is about 2300-2350 yuan / ton, in Shandong Province is about 2400-2500 yuan / ton, in Hebei Province is about 2500 yuan / ton, in Shaanxi Province is about 2150 yuan / ton, in Jiangsu Province is about 2400-2500 yuan / ton, in Zhejiang Province is about 2600-2700 yuan / ton, and in South China, the price is about 2300-2350 yuan / ton The quotation is about 2650-2700 yuan / ton.
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2、 Cause analysis
Products: at present, the domestic acetic acid market is in stable operation. With the recovery of Jiangsu Thorpe production, the spot supply in the market has been improved to a certain extent. The intention of stock up and stock up in the downstream market is flat at the end of the year. More and more acetic acid needs to be purchased, and the market is in a roughly balanced state of supply and demand.
Industry chain: in the upstream, the methanol market continued to weaken, with a slight drop of 0.83% in the week. At present, it is about 2045 yuan / ton; domestic acetate, vinyl acetate and acetic anhydride industries are stable and soft in the week, with poor demand in the terminal market, flat delivery of enterprises and high pressure; PTA spot market has a flat demand for terminals, with acceptable cost support, with a slight increase of 1.53% in the week, and now it is reported as about 4964 yuan / ton.
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International: this week, the international acetic acid market is mainly stable, among which the North American acetic acid market is stable, about 610 US dollars / ton at present; the Asian acetic acid market is stable, about 310-365 US dollars / ton at present; the European acetic acid market is stable, about 650 euros / ton at present.
3、 Future forecast
According to the acetic acid analyst of the business association, the overall domestic acetic acid market is still in good condition, with low inventory. Jiangsu Thorpe has been restarted and completed. Hebei Jiantao started maintenance for about 3 days on December 30. However, the downstream demand is flat, and the purchase is rigid. The business owners are more cautious and wait-and-see. It is expected that the acetic acid market will maintain stability in a short period of time.
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