Trade name: acetic acid
Latest price (March 1): 4292 yuan / ton
Key points of analysis: the price of acetic acid continued to decline today. The average market price in East China decreased by 1.38% in a single day. The price of acetic acid in domestic areas decreased again, with a decline range of about 50-100 yuan / ton, and the weakness of the market slowed down. The operating rate of acetic acid industry is on the high side, the enterprise inventory is accumulated, the market supply is sufficient, the downstream demand is weak, the atmosphere of new order transaction in the market is light, and the acetic acid enterprises maintain the reduction of shipment quotation.
Future forecast: the short-term acetic acid market is weak, and the specific attention is paid to the market supply.
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