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Commodity News

SunSirs: On June 29, the Acetic Acid Market Was Weak and Sorted Out

June 30 2022 10:21:35     SunSirs (John)

Price trend

On June 29, the price trend of acetic acid decreased slightly. The average market price in East China was 4,150 RMB/ton, a decrease of 0.60% compared with the previous working day.

Analysis review

On June 29, the acetic acid market was lightly traded, and the enthusiasm for entering the market in the downstream was weakened. The purchase amount was small, mainly for just need. The holder of the goods sold the goods at a profit-cutting, and the mentality in the market was bearish, and the actual negotiated transaction price was low.

Market outlook

In the short term, the acetic acid market will be organized and run, and the price may be slightly lowered. Please pay attention to the market transaction situation.

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