SunSirs: On September 21, the Price of Acetic Acid Was Slightly Lowered
September 22 2022 13:41:28 SunSirs (John)
Price trend
On September 21, the price of acetic acid in East China was 3,132.50 RMB/ton, up 0.40% from the previous working day.
Analysis review
In terms of market start-up, the factory's acetic acid plant was operating normally, and the market supply increased. On the downstream side, there was no significant improvement in demand purchases for the time being, and downstream factories mostly followed up on demand, and the overall market transaction was average. In the market, the supply was strong and the demand was weak, and the stockholders had a wait-and-see attitude. In order to maintain the pace of shipments, the focus of the negotiation was slightly lowered, and the acetic acid rose weakly.
Market outlook
It is expected that the acetic acid market will wait and see, and the price will be temporarily stable. Specifically, it is needed to pay attention to the market transaction situation.
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