This week, the Chinese acetic ether market inched up. Up to May 18, the closing prices in East China were in the range of RMB 4,650-4,750/mt. The average price this week is RMB 4,672/mt, which was up 1.13% from last week. The acetic ether market had been in a downtrend since the beginning of 2017. Some producers started to suffer loss and they had to raise prices. Moreover, some acetic ether producers saw better export and they had no inventory pressure.
This week, the Chinese n-butyl acetate market moved up. Up to May 18, the closing prices in East China were in the range of RMB 5,630-5,800/mt. The average price was RMB 5,695/mt, which was up 2.26% from last week and jumped 21.82% from the same period of last year. During this week, though the NBA market went down, the glacial acetic acid remained firm. It is predicted that the n-butyl acetate market will be largely stable next week.
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
The most valuable pharmaceutical brand TOP25, 2 Chinese companies on the list!
EU will invest 1 billion euros in clean technology projects
BASF moving ahead with construction of battery materials plants in Europe
How far is the COVID-19 special drug coming out? Where is the breakthrough?
Keynote of chemical market: restart, oversold repair
Market Analysis - Monthly Report - June, 2020 - Pharmaceutical