SunSirs--China Commodity Data Group

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SunSirs: On August 8th, the Acetic Acid market in North China Continued to Rise

August 09 2023 13:57:33     SunSirs (John)

Price trend

The acetic acid market in North China continued to rise, with delivery prices around 3,125 RMB/ton.

Analysis review

The on-site acetic acid plant had been shut down, and the supply of goods was tight. Downstream buyers were actively entering the market, and traders had a strong upward trend. The focus of market trading had shifted upward.

Market outlook

In the short term, the acetic acid market tends to be stronger.

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