SunSirs--China Commodity Data Group

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SunSirs: On December 6th, the Acetic Acid Market in Zhejiang Province Saw a Downward Trend in Consolidation

December 07 2023 10:24:30     SunSirs (John)

Price trend

On December 6th, the self pickup price of acetic acid in Zhejiang Province was around 3,700 RMB/ton, with a price reduction of 50 RMB/ton.

Analysis review

The inventory of acetic acid manufacturers remained low, with high quotations being the main focus. Downstream purchases of continuously rising acetic acid had weakened, and the trading atmosphere on the market had weakened. Enterprise shipments were poor, and the acetic acid market had slightly declined.

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