Price trend
On June 22, the market price of acetic acid rose slightly. The average market price in East China was 4,000 RMB/ton, up 0.95% from the previous working day.
Analysis review
In the early stage, the price of acetic acid continued to fall, and the price in some areas fell to the vicinity of the cost line. The downstream inquiries increased, the trading atmosphere in the market improved, and the industry was positive. However, due to the limited support from the favorable downstream demand, the price of acetic acid did not fluctuate much, and the offer rose slightly.
Market outlook
In the short term, the acetic acid market may rise slightly, and please pay attention to the market transaction situation.
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