2021 glacial acetic acid overall market

Overall, in 2021, domestic acetic acid out of the bull market, historical highs have been constantly refreshed. Although there are new production units of acetic acid in this year, the domestic output increases, but at the same time, the downstream PTA production capacity in recent years concentrated release, as well as acetate and vinyl acetate and other stable development, domestic demand is booming. And the volume of exports year on year increased significantly, also reduced domestic supply. Multiple factors support the industry as a whole in short supply, the year's price rise and cycle is also a record.