Price trend
On August 23, the price of acetic acid in East China was 3,052.50 RMB/ton, an increase of 1.75% from the previous working day.
Analysis review
According to market news, some factories' acetic acid plants were shut down for maintenance or operated at low load, the supply of goods on the market decreased, the mentality of the holders changed, and the quotation was slightly raised. The downstream demand wa general, the rigid demand continued, the game between supply and demand continued, and the market outlook for acetic acid has limited room for growth.
Market outlook
It is expected that the acetic acid market will consolidate and run, and the price range will fluctuate mainly. Pay attention to the market transaction situation.
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