SunSirs: On September 27, the Price of Acetic Acid Continued to Rise
September 28 2022 10:33:42 SunSirs (John)
Price trend
On September 27, the price of acetic acid in East China was 3,150 RMB/ton, an increase of 0.32% from the previous working day.
Analysis review
The acetic acid plant in the market was in full production, and the supply of goods was sufficient. As the National Day holiday is approaching, the downstream stocking intentions increased, and the holders of the goods had an attitude of supporting high price. The focus of market discussions shifted up, but the downstream demand was limited, and more purchases followed up a in the market based on demand. The acetic acid market outlook was not very bullish.
Market outlook
It is expected that the acetic acid market will wait and see, and the price will fluctuate slightly in the short term. Pay attention to the market transaction situation.
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