Acetic acid industry development bottleneck

Business Club December 15 After more than 10 years of development, the development of the acetic acid industry in China has achieved rapid development. The company's technology level has been continuously improved, production equipment has been continuously improved, and production capacity has been continuously increased. The industrial production method of acetic acid mainly adopts the alcohol method, the ethylene method, the low-pressure methanol method and the like. At present, the main consumer of acetic acid in the world is the production of vinyl acetate and acetate. However, due to the weak housing market in the United States, the market demand for vinyl acetate and acetate has decreased. Due to the changes in vinyl acetate and acetate, the development of acetic acid in the upstream market also has a bottleneck.

Shangpu Consulting chemical analysts believe that acetic acid is an organic raw material and has different applications in the chemical and pharmaceutical industries. The demand for acetic acid in the market is continuously increasing. The production capacity and output are also increasing, and the price of acetic acid is also rising. . However, the recent decline in the overall acetic acid market is mainly due to the weakness of the downstream products market. At the same time, the suppliers are in a wait-and-see attitude, and the acetic acid stock pressure is increasing rapidly.

At present, China's acetic acid supply can meet domestic demand, and continue to export abroad, in recent years, China's newly built acetic acid plant more, while the downstream industry's demand is limited, resulting in the current market supply exceeds demand. Although the acetic acid industry temporarily turbulent, but with the recovery of the world economy, the downstream industry gradually recovers, acetic acid demand will grow steadily, the future development of acetic acid still has great potential.

The “2010-2013 China Acetic Acid Series Market Analysis and Investment Value Study Report” published by Champion Consulting shows that the current acetic acid downstream companies have low enthusiasm for procurement and the demand for acetic acid is reduced. Acetate prices in the domestic market are still in a trend for a short period of time. The recent weakness in the southwestern market has led to a slight drop in prices. The mainstream acetic acid market price is concentrated at RMB 3000-3250/t. Yankuang Cathay acetic acid plant and Shanghai Wusong acetic acid plant are in stable operation. The factory price is 3,000 yuan/ton and 3100 yuan/ton respectively.

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