① The market price of glacial acetic acid rose today.
② Domestic capacity utilization remained stable for the time being.
Table 1: Summary of Domestic Glacial Acetic Acid Prices (Unit: CNY/ton)
| Market | Previous Period | Current Period | Change | % Change |
|---|---|---|---|---|
| Hebei | 3960 | 4050 | 90 | 2.27% |
| Shandong | 3975 | 4050 | 75 | 1.89% |
| Jiangsu | 4075 | 4125 | 50 | 1.23% |
| Guangdong | 4150 | 4225 | 75 | 1.81% |
| Key Downstream Products | ||||
| Ethyl Acetate (East China) | 6460 | 6410 | -50 | -0.77% |
| Butyl Acetate (East China) | 8150 | 8175 | 25 | 0.31% |
Data Source: Chempricehub Information
Today, factory prices were mostly raised by 100-200 CNY/ton. Overall inventory pressure at factories is not significant, and they continue to push prices up.
Glacial acetic acid units are currently operating stably. The domestic capacity utilization rate stands at 83.36%.
The market price of glacial acetic acid surged significantly today. Factories face no major sales pressure and continue to raise prices. Traders hold limited inventory and follow the price increases. Most downstream enterprises fulfill long-term contracts, while spot buyers purchase primarily based on immediate needs. Chempricehub Information predicts that the market price of glacial acetic acid will trend upward in the short term.
Ethyl Acetate: The market price of ethyl acetate adjusted slightly today, with moderate trading activity. Major factories in Shandong conducted competitive bidding sales; the starting bid price was lowered. After the decline, participant engagement improved slightly compared to yesterday, with increased volume in self-pickup contract transactions. Currently, raw material prices for acetic acid and ethanol remain firm, particularly the rising trend of acetic acid, which provides solid cost support to the market. However, weak demand has suppressed market sentiment. Slow downstream consumption and profit-taking sell-offs have dragged down downstream acceptance prices. Chempricehub predicts that the ethyl acetate market price will remain relatively stable in the short term.
Butyl Acetate: The market price of butyl acetate fluctuated narrowly within a stable range today, with smooth transactions. Raw material acetic acid prices continued to rise, while n-butanol prices remained largely stable. Cost factors provided strong guidance to the market. However, as prices kept climbing, market participants showed limited acceptance at current levels, leading to evident wait-and-see attitudes. Most downstream enterprises focused on fulfilling previous orders, while ongoing export orders supported upstream sentiment, keeping offers firm. Chempricehub Information predicts that the butyl acetate market price will adjust steadily with a slight upward bias in the later period.
Table 2: List of Domestic Glacial Acetic Acid Data (Unit: 10,000 tons)
| Indicator | Release Date | Previous Data | Current Trend Forecast |
|---|---|---|---|
| Enterprise Inventory | Monday 14:00 PM | 14.55 | ↗ |
| Weekly Acetic Acid Output | Thursday 14:30 PM | 26.66 | ↗ |
| Weekly Acetic Acid Capacity Utilization Rate | Thursday 14:30 PM | 81.84% | ↗ |
| Weekly Acetic Acid Profit | Thursday 16:30 PM | 337.27 | ↘ |
Data Source: Chempricehub Information
Notes:
↓↑ indicates significant fluctuations, highlighting data dimensions with changes exceeding 3%.
↗↘ indicates narrow fluctuations, highlighting data dimensions with changes within 0-3%.
Price Forecast
The market price of glacial acetic acid continued to trend upward today. Major factories raised their prices, and market prices followed suit. Factories still face low sales pressure. The capacity utilization rate of the main factory in Henan declined slightly. Downstream industries mainly fulfill long-term contracts, showing poor willingness for spot purchases. Chempricehub Information predicts that the glacial acetic acid market may continue to rise locally in some areas in the short term.
Ethyl Acetate: The market price of ethyl acetate maintained a steady trend today, with market atmosphere improving compared to the previous two days. Major factories in Shandong conducted competitive bidding sales with stable starting bid prices, resulting in smooth premium transactions. Currently, raw material acetic acid prices are still rising, providing adequate cost support to the market. Some factories are executing partial export orders, leading to tight spot circulation. Meanwhile, weak domestic demand consumption continues to limit overall downstream procurement volumes. Chempricehub predicts that the ethyl acetate market price will remain stable in the short term.
Butyl Acetate: The market price of butyl acetate continued its stable trend today, driven primarily by rigid demand purchasing. Raw material n-butanol prices remained stable, providing certain cost support to the market. Supplies in individual regions remain tight, supporting increased transaction volumes for mainstream factories in Shandong. However, shipments from other factories were average, and domestic consumption remains slow, with little improvement in demand-side contradictions. Chempricehub Information predicts that the butyl acetate market price will undergo narrow-range adjustments in the short term.
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