On October 8, the price of acetic acid rose

On October 8, the price of acetic acid in East China was 3462.50 yuan/ton, an increase of 4.83% compared with that before the National Day. The price of methanol in the upstream was higher, and the cost support was good. The demand in the downstream was fair during the National Day, and the enterprise was optimistic. The quotation was raised during the National Day, and the focus of market negotiation was moved up. However, on the whole, the market supply and demand were deadlocked, and the downstream demand was limited. It was expected that the short-term acetic acid market would wait and see to sort out and operate, and the price would rise slightly. The specific focus was on market transactions.

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