Trade name: acetic acid
Latest price (June 15): 4700 yuan / ton
Key points of analysis: today’s acetic acid market price trend has been significantly reduced, and the average market price in East China has been reduced by 6.37% compared with the previous working day. Except for the maintenance of some acetic acid devices, other enterprises in the field are running smoothly, the market supply has increased compared with the previous period, the downstream demand is weak, and the enthusiasm for entering the market is general. Due to the resistance to high price acetic acid, the trading atmosphere in the field is light, and the enterprises have strong intention to ship. In order to maintain the pace of shipment, The quotation continues to decline, the mentality of the floor operators is weak, and the market situation is weak.
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Aftermarket forecast: the short-term acetic acid market will continue to operate in a weak position, with specific attention to market transactions.