SunSirs: After the Holiday, Demand Was Weak and the Price of Chloroacetic Acid Fluctuated (February 12-21)
February 22 2024 09:53:10 SunSirs (John)
Price trend
According to monitoring data from SunSirs, the average market price of chloroacetic acid in China was 3,212.5 RMB/ton on February 21, and 3,275 RMB/ton on February 12. The price of chloroacetic acid decreased by 0.39%.
Market Overview
The price of chloroacetic acid fluctuated after the holiday, mainly due to increased supply leading to intensified market competition. Meanwhile, due to the weakening demand during the holiday period, there was a weak supply-demand situation, resulting in a price drop.
Future Market Forecast
The slight decline in market prices after the holiday is a temporary phenomenon, and prices may rebound in the future with the recovery of demand after the holiday.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
- 2024-05-16 SunSirs: Rising Raw Materials and Decreasing Supply Drove Up the Price of Chloroacetic Acid
- 2024-05-09 SunSirs: Chloroacetic Acid Was Weakly Operating in Early May
- 2024-04-17 SunSirs: In Mid April, Downstream Demand Surged, and Demand for Chloroacetic Acid Began to Release
- 2024-04-09 SunSirs: The Chloroacetic Acid Market Remained Stable in Early April
- 2024-04-07 SunSirs: Adequate Cost Support, the Market for Chloroacetic Acid Was Stronger and Rising
