Rising raw materials market rebound is expected to support butyl acetate

20 October 9th, the domestic market of acetic acid acetic acid factory in East China generally go up, the price range at 2130 yuan / ton -2500 yuan / ton, Southern China acetate ex factory price in the range of 2400 yuan / ton -2650 yuan / ton. At present, the domestic coal giants Hualu-Hengsheng acetate surrounding to the price of 2550 yuan / ton, the inventory is not more than 19 days, take the goods, offer 2300 yuan / ton, nearly two acetic acid spread in 250 yuan / ton.

In 2015 China’s total acetate production capacity of 9 million 920 thousand tons, output 5 million 870 thousand tons, the industry operating rate of 59.2%, domestic acetic acid industry oversupply. From 2015 to 2006, yield an average annual growth rate of 17%, the rapid development of acetic acid industry, the domestic self-sufficiency rate of acetic acid increased from 68% to 106%. At present, the domestic acetic acid industry has gone through a period of rapid growth, is expected in the next few years, demand will slow down. The first half of this year, the total production capacity of acetic acid industry did not change much.

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The main raw materials of domestic methanol production of coal, the coal price fluctuation will affect the price of methanol and then transfer to the price of acetic acid. In addition to the future energy prices will rise slowly, is expected to bring the cost of raw materials for acetic acid, promote the sustained high prices.

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