Thread Content
The vinyl acetate market has begun to pick up slightly, the raw material ethylene and glacial acetic acid markets have firmed, and downstream polyvinyl alcohol has risen slightly. As a result, the vinyl acetate market, which has not seen a recovery for a long time, is gradually showing small signs of recovery. This price change has been long-awaited by everyone. Although the price increase is not large, it has added a certain degree of confidence to the market. The overall supply of goods in the market is now relatively sufficient, and there seems to be a sign that the peak season is coming. Recently, some imported goods have arrived in Hong Kong, enriching the supply of goods in the region. Due to the influence of the regional environment, East China and South China have relatively sufficient supply of goods and greater resistance to price increases. Due to the pressure of raw materials, prices have increased by 100 yuan/ton this week. ； Most of North China is located inland, with fewer ports and tight supply of goods. Prices are stable and rising. Although the quotation has not changed, the actual transaction price has increased. On the external market, today's latest external market shows that vinyl acetate in Asia has risen slightly, rising by US$2.5/ton one after another. The situation in the United States and northwest Europe is opposite to that in Asia, with prices continuing to fall. It can be seen that the mainstream environment is still blocked. The raw material acetic acid continues to soar by US$17.5/ton to US$502.5/ton. Due to the improvement in the downstream derivatives market, the price of ethylene has increased by US$20/ton this week. In the case of strong raw material trends, the price inversion of vinyl acetate is more serious. However, due to overall poor demand, price increases are difficult. At present, prices in the Asian market are rising, demand has picked up slightly, and traders are intensifying their push-up mentality. The details of this week are as follows: East China: The mainstream quotation of vinyl acetate remains at the level of 7,100 yuan/ton, and the actual transaction price is at the level of 6,800-7,000 yuan/ton. On Thursday, vinyl acetate in East China began to have a slight upward trend. Traders relatively increased their quotations, and the mainstream quotations increased It rose to 7,200 yuan/ton, an increase of 100 yuan/ton from the previous period. Due to the tight supply of goods in Shandong, some traders quoted a high price of 7,500 yuan/ton. The market has turned warmer. Market participants expressed optimism that downstream demand has picked up slightly and the volume of goods received has increased.