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SunSirs: On October 11th, the Acetic Acid Market in Zhejiang Continued to Decline
October 12 2023 10:48:54SunSirs(John)

Price trend

On October 11th, the acetic acid market in Zhejiang continued to decline. The self delivery price of acetic acid in the Zhejiang region was around 3,850 RMB/ton.

Analysis review

Downstream demand was average, and the inventory of acetic acid manufacturers on site had increased, with active shipments being the main focus. The market trading atmosphere was light, and traders' shipments were not smooth, resulting in a significant decline in the offer.

Market outlook

In the short term, the acetic acid market will be weak and sorted out.

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