Up to 4 days, domestic glacial acetic acid market rises sharply.The plant of Tianjin alkali plant has not been completely recovered, the news of the shutdown and negative reduction of nanjing BP plant and Shandong Yankuang plant continues to bring good supply, the manufacturer continues to increase the price, the market has been greatly pushed up, many market prices have continued to break 4000 yuan/ton, the downstream mentality is ok.

In terms of enterprise installations, the NANJING BP plant stopped in the middle of the week and has not been restarted at present.The load of Yankuang Guotai plant was reduced in the middle of the week, and the current load was 60%, which is expected to be restored in a short time.The negative reduction time of the plant in Tianjin alkali plant is quite long and has not been completely recovered.Business supplies shrank again this week amid news of a sudden shutdown in some installations.

Business inventory, at the end of November, the domestic glacial acetic acid business inventory increased.The inventory in North China, Shandong, northwest, east China increased, while the inventory in central China and other regions remained stable.Compared with November 23, the total inventory of glacial acetic acid enterprises in China increased by 16.92%.

In general, the recent glacial acetic acid market continued to be strong and still closely related to the shortage of supply.After a long time of inventory decline, due to the relatively stable operation of the device last week, tianjin alkali plant, Shaanxi prolongation and other devices are also gradually restored, the state of enterprise inventory recovery, but because the downstream buying mood is good, there is no factory shipment pressure.In this positive situation, this week, the south Beijing BP, Yankuang Guotai device of the negative news and cut no doubt again boost the market up, the highest price of the market has reached 4400 yuan/ton.

As of December 4, acetic acid downstream product prices rose significantly.In addition, acetic anhydride market has the most vigorous rising momentum, with a daily rise of 900 yuan/ton.

Market outlook forecast

In the later period, in terms of supply, the situation of supply shortage has lasted for a period of time, and the current supply reduction of NANJING BP, Yankuang Guotai and other devices will further expand the market supply gap, it is expected that the prices of enterprises in the later period will remain firm, traders in this situation bullish sentiment is obvious, the price may be raised expectations.Demand, domestic demand is still robust, downstream products continue to rise, it is expected that the later buying gas will maintain a good level.The acetic acid market is expected to run strongly in the near future.