SunSirs: On June 14, the Acetic Acid Market Continued to Decline
June 15 2022 14:41:24 SunSirs (John)The latest price (June 14): 5,020 RMB/ton
Analysis review
Today, the market price of acetic acid continued to decline, and the average market price in East China was reduced by 1.95% compared with the previous working day.
In addition to the maintenance of some acetic acid plants in the market, other enterprises were running smoothly. The market supply increased, the enthusiasm of the downstream entering the market was generally low, and the demand was weak. In addition, affected by the price cut by the upstream, the company had a strong intention to ship, and the mentality of the on-site industry was weak, and the quotation of the stockholders continued to decrease.
Market outlook
In the short term, the acetic acid market is weak and running, and pay attention to the market transaction situation.
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