Trade name: acetic acid
Latest price (March 28): 5190 yuan / ton
Key points of analysis: today’s acetic acid price is relatively upward, and the average market price in East China has increased by 0.78% in a single day. For the maintenance of acetic acid manufacturers in East China, the market supply is tight, which boosts the mentality of the industry. The quotation in other regions keeps rising, the epidemic affects the transportation, and the supply in some regions is tight, resulting in a slight increase in the market quotation.
Future forecast: the short-term acetic acid market will wait and see consolidation or rise slightly, with specific attention to the market supply.
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