Price trend
On June 14th, the acetic acid market in Shandong region operated steadily. On June 14th, the delivery price for acetic acid enterprises in Shandong region was around 3,350 RMB/ton.
Analysis review
The company's quotation was temporarily stable, the manufacturer's inventory was not under pressure, and the market supply was stable. The main factories in Hebei had shut down for maintenance, and the market mentality was optimistic. Downstream entry into the market followed up as needed, and the market trading atmosphere was still acceptable.
Market outlook
In the short term, the acetic acid market is expected to operate on a wait-and-see basis.
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