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SunSirs: On July 12, the Acetic Acid Market Was Slightly Lowered

July 13 2022 11:08:22     SunSirs (John)

Price trend

On July 12, the price trend of acetic acid decreased slightly, and the average market price in East China decreased by 0.32% compared with the previous working day.

Analysis review

The quotations of acetic acid of enterprises were stable with small changes, and the enthusiasm for entering the market of the downstream was general. The follow-up to the market was mainly based on the rigid demand. The trading atmosphere on the market was sluggish, the company's shipments were not good, and the inventory pressure increased. In order to maintain the rhythm of shipments, the price of acetic acid was slightly lowered, and the industry's mentality was stalemate and wait-and-see.

Market outlook

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

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