The price of acetic acid has reached its lowest point. It's now the perfect time to make a purchase!
On the stage of chemical raw materials, acetic acid has always held a significant position. Recently, the market price of acetic acid has continued to decline and has reached the lowest point in recent years. This price trend undoubtedly brings rare purchasing opportunities to many enterprises.
Analysis of the Current Market Situation
Currently, the market supply of aCetic Acid is in a relatively relaxed state. With the conclusion of the previous concentrated maintenance period, the operating rates of various enterprises have gradually increased, and they have maintained a full-load operation for a long time, resulting in a gradual increase in supply pressure. At the same time, there are many plans for new installations, and most of them are scheduled for 2025. According to data from Jinlianchuang, by 2025, the domestic new production capacity of acetic acid will be approximately 5.2 million tons. At that time, the competition among new installations will be intense, further increasing the supply in the market.
However, the demand side has been more cautious. The main downstream industries such as PTA, vinyl acetate and acetate esters have relatively stable demand, but the large downstream enterprises basically rely on long-term contracts for their operations. During the period of price decline earlier, there was rarely any intention for spot purchases. From the perspective of downstream product profits, acetic acid is significantly affected and the profits of downstream products are relatively better. In terms of exports, the supply in the Asia-Pacific region is abundant, the negotiations for domestic exporters are average, and the demand in the Indian region is not strong, so the export has a limited impact on the domestic market.
With increased supply, relatively stable demand and poor export performance, the market price of acetic acid has continued to decline. As of now, the market price has dropped to its lowest point since November 2020, indicating that the era of dividends in China's domestic acetic acid market has basically come to an end in recent years.
The procurement advantages are prominently displayed.
1. Cost advantage: For downstream enterprises, the cost of raw materials is an important component of production costs. The low price of acetic acid means that when enterprises purchase the same amount of acetic acid, the cost they need to pay is significantly reduced. This will directly increase the profit margin of the enterprises and enhance their competitiveness in the market. For example, for acetic acid ethyl ester production enterprises that use acetic acid as the main raw material, if they purchase a large amount of acetic acid at a low price, they can effectively reduce production costs and thus gain a greater price advantage in the market competition, thereby expanding market share.
2. Inventory advantage: Currently, enterprises subjectively maintain a low inventory level, which provides a good opportunity for purchasing enterprises. Purchasing enterprises can take advantage of the low prices to appropriately increase inventory, avoiding the increase in procurement costs due to price hikes in the future. At the same time, a reasonable inventory level also helps enterprises cope with the uncertainty of market supply and ensure the continuity of production.
3. Market lead advantage: Purchasing at a low market price not only reduces costs but also gives enterprises a market advantage. When the market price rises, enterprises can use the inventory purchased at a low price to produce and sell at a lower cost, quickly respond to market demand, and obtain more market share and profits.
Our products and services
As a professional supplier of acetic acid, we have a stable supply chain and high-quality products.
1. Product Quality: The acetic acid products we provide are of high purity and contain few impurities. All indicators meet national standards and can meet the production needs of different customers. Whether it is used in chemical synthesis, pharmaceutical industry or other fields, they can provide reliable guarantees for your production.
2. Supply Capacity: We have established long-term and stable cooperative relationships with
several large-scale acetic acid production enterprises and have sufficient supply reserves. Whether you need small-batch purchases or large-scale orders, we can ensure timely and full supply of products, avoiding any impact on your production progress due to insufficient supply.
3. After-sales Service: We have a professional after-sales team to provide you with comprehensive after-sales service support. During the use of the products, if you encounter any problems, our after-sales team will promptly provide technical guidance and solutions, allowing you to have no worries.
The current situation of low prices for acetic acid offers you an excellent opportunity for purchasing. Don't hesitate! Seize this rare chance and join hands with us to embark on a new journey of cost optimization and profit growth! We look forward to creating a brilliant future together with you!
