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SunSirs: On August 2, the Acetic Acid Market Was Stable and Wait-and-see

August 03 2022 09:33:52     SunSirs (John)

Price trend

On August 2, the price of acetic acid in East China was 3,512.50 RMB/ton, which was the same as the previous working day.

Analysis review

Last week, the acetic acid market was weak and stable, and the domestic market was mainly watching and finishing. At present, downstream demand continues to be weak, and the enthusiasm for entering the market is general, and it follows up mainly on demand. The mentality of the industry is temporarily stable and wait-and-see, the quotations of enterprises are stable, and the supply and demand in the market are deadlocked.

Market outlook

In the short term, the acetic acid market will continue to wait and see, and pay attention to the market transaction situation.

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