Trade name: acetic acid
Latest price (February 16): 5346 yuan / ton
Key points of analysis: the price of acetic acid continued to decline today, and the average market price in East China decreased by 1.55% compared with the previous working day. The domestic market is weak, the acetic acid enterprises are operating stably, the downstream demand is general, the market transaction atmosphere is light, the inventory of acetic acid enterprises is accumulated, the market supply is sufficient, the quotation of goods holders is reduced, the competition for shipment is dominated, and the acetic acid market is weak.
Future forecast: the short-term acetic acid market will continue to be weak, with specific attention to the market supply.
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