Price trend

According to the Commodity Market Analysis System of SunSirs, from March 1st to March 19th, 2024, the price of liquid sodium acetate increased by 37 RMB/ton, with 812 RMB/ton on March 1st and 849 RMB/ton on March 19th.

Analysis review

In terms of raw material acetic acid: Recently, the acetic acid market had been relatively strong and rising. The factory's shipment was smooth, the enterprise's inventory had decreased, and with the resumption of upstream and downstream operations, there had been an increase in replenishment in the market. The market trading atmosphere was good, and the quotation of acetic acid manufacturers had been raised.

On the downstream side, after the holiday, various industries resumed work and production, and the demand for sewage treatment increased. The price of sodium acetate factories rose, and the market began to rebound.

Market outlook

In the future market forecast, Sodium Acetate analysts from SunSirs believe that both the supply and demand sides are favorable, and it is expected that the focus of the sodium acetate market will remain stable in the short term, with narrow consolidation as the main trend.

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