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Commodity News

SunSirs: On the 10th, the Acetic Acid Market Rose Sharply

March 11 2022 09:26:54     SunSirs (John)

Product Name: Acetic Acid

The latest price (March 10): 4,662 RMB/ton

Analysis review

On the 10th, the price of acetic acid rose strongly. The average market price in East China increased by 8.62% in a single day. Due to the large increase in the bidding prices of major manufacturers in Northwest China, the market price of acetic acid rose sharply. Due to the large increase in acetic acid, the market quotation was slightly chaotic, and the downstream acceptance was not high. It was only rational and just needed users to follow up, and market transactions were mainly negotiated.

Market outlook

In the short term, the acetic acid market is stalemate, and the specific attention is paid to the market supply.

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