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Commodity News

SunSirs: On July 6, the Acetic Acid Market Sorted Out to Be Weak

July 07 2022 09:04:32     SunSirs (John)

Price trend

On July 6, the price trend of acetic acid decreased slightly. The average market price in East China decreased by 0.31% compared with the previous working day, and the quotation of enterprises was temporarily stable.

Analysis review

The downstream demand was light, the market was mainly followed up with the rigid demand, the trading in the market was general, the company's shipments were not good, the inventory pressure was increasing, the holder was negotiating the shipment, the trading atmosphere was general, the industry was wait-and-see.

Market outlook

In the short term, the acetic acid market is likely to be weak, and the price may be slightly lowered. Please pay attention to the market transaction situation.

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