SunSirs: Acetic Acid Market Rose on May 26
May 27 2022 10:53:50 SunSirs (John)Price trend
On May 26, the market price of acetic acid rose. The average market price in East China was 5,280 RMB/ton, an increase of 2.72% over the previous working day.
Analysis review
The main factories in Shandong were under maintenance, the supply in the field was tightened, the attitude of the industry was very bullish, the market quotations were adjusted up, and the market in other regions was mainly followed.
The downstream demand was limited, and the market was mainly based on on-demand purchases. The market trading atmosphere was mild. In terms of overall supply and demand, the supply side was more favorable.
Market outlook
In the short term, the acetic acid market will wait and see, and the market outlook will be bullish. Pay attention to the market supply.
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