Thread Content
Production and sales trends of acetic acid enterprises as of March 12 Author/Source: Date: 2019-03-12 Clicks: 13 On March 12, the 1.1 million tons per year acetic acid production facility operated by Shandong Yankuang Guotai was functioning normally, with a daily output of around 2,400 tons. The current regional pricing ranges from 2,850 to 2,950 yuan per ton; the actual transaction price is subject to negotiation. On March 12, the 500,000 tons per year acetic acid production facility of Shandong Hualu Hengsheng was operating normally. The current export price is around 2,950 yuan per ton, with the actual price to be determined through negotiation. On March 12, Tianjin Bohai Chemical’s 250,000 tons per year acetic acid production facility was shut down; maintenance is expected to last until around March 15. The current price is 2,950 yuan per ton. As of March 12, the current ex-plant price of acetic acid in Hebei region is around 2,900–2,950 yuan per ton, with the actual transaction price to be determined through negotiation. As of March 12, the current price of acetic acid in Shaanxi region is around 2,530 yuan per ton; the actual transaction price will be determined through negotiation. On March 12, the ex-plant prices of acetic acid manufacturers in Shandong region were around 2,850–2,950 yuan per ton; the actual transaction price would depend on negotiations, as inventory levels were low. As of March 12, the current price of acetic acid in Henan region is around 2,650–2,750 yuan per ton; the actual transaction price will be determined through negotiation. On March 12, acetic acid manufacturers in Zhejiang region quoted prices of 3,000–3,100 yuan per ton; the actual transaction price will be determined through negotiation. On March 12, acetic acid prices dropped in the North China region, with manufacturers having low inventory levels. Currently, the price of acetic acid in Henan is around 2,700–2,750 yuan per ton, in Hebei it is around 2,900–2,950 yuan per ton, and in Shaanxi it is currently around 2,530 yuan per ton. Inventory levels in the market are fairly good at present, and prices remain stable; it is expected that there will be fluctuations and adjustments in the short term. On the 3rd and 12th, acetic acid prices in South China dropped; companies were offering prices ranging from 3150 to 3200 yuan per ton. Currently, demand in this industry is low, resulting in weak trading activity.