Trade name: acetic acid
Latest price (May 23): 5080 yuan / ton
Key points of analysis: the market price trend of acetic acid rose slightly today, and the average market price in East China increased by 0.40% compared with the previous working day. The impact of the epidemic situation in Shanghai was weakened, the market trading was smooth, the enterprise inventory was not under pressure, the downstream market was mainly purchased on demand, and the market trading operated smoothly. In addition, the market was informed that the 1 million ton acetic acid plant of Shandong Yankuang will be shut down for maintenance in the latter ten days, the market supply will be reduced, and the quotation of acetic acid may be increased.
Future forecast: the short-term acetic acid market is mainly on the sidelines, and it may rise in the future. Pay attention to the market supply.
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