Acetic acid market falls sharply due to poor demand

According to the monitoring data of the business community, affected by the poor demand of the downstream market, the domestic acetic acid market continued to decline. As of January 11, Shandong area was 3850-3950 yuan / ton, Jiangsu area was 3900-4000 yuan / ton, Zhejiang area was 4000-4100 yuan / ton, Henan area was 3500-3550 yuan / ton, Hebei area was 3900-4000 yuan / ton, northwest area was 3350-3500 yuan / ton, South China area was 3850-3950 yuan / ton/ Tons, down 9.54% from the beginning of the month.

 

Azodicarbonamide (AC foaming Agent)

Unit capacity (10000 tons / year) unit output (tons / day)

Yankuang Cathay 110 3000

Hualu Hengsheng 50 1400

Yangtze BP 50-1300

Jiangsu Sopu ﹣ 120 ﹣ 3600

Celanese 120 2000

Jiantao, Hebei Province

Tianjin Bohua company

Henan Shunda 40 1400

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

After new year’s day, the domestic acetic acid market continued to decline. Due to the overall weak demand of the downstream market, the acetic acid market inventory continues to accumulate, and the enterprises continue to reduce the quotation under the pressure of the warehouse. However, there are many sporadic small orders in the downstream market. In addition to the recent rebound of the epidemic in North China, the market purchasing is cautious, and the downward trend of the market is difficult to ease.

 

The domestic methanol market performed generally, and the prices of the mainland and ports declined. The overall situation of the mainland has declined due to the shrinking olefin procurement in Northwest China and the weak demand in Hebei and Shandong. The blockade of some road sections has affected the flow of goods in some areas of Inner Mongolia, Shaanxi and Shanxi, but the extent of the impact is uncertain. At present, it is about 2270 yuan / ton in Shandong. On the downstream side, the acetate Market is weak, and the overall performance of the manufacturers’ devices is stable. Due to the traditional off-season, the overall turnover of the market is limited, and the acetate Market is weak in a short period of time.

 

Acetic acid analysts of business society believe that the demand for acetic acid in the downstream market is weak after entering the off-season. After the enterprises with short-term maintenance and stoppage resume production, the situation of oversupply in the market will continue to intensify, and it is difficult to effectively alleviate in a short time. It is expected that the weak operation of acetic acid Market in the near future.

http://www.lubonchem.com/

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