Trade name: acetic acid
Latest price (April 18): 5020 yuan / ton
Key points of analysis: today’s acetic acid market is weak and downward. The average market price in East China has been reduced by 1.57% compared with the previous working day, and the price of acetic acid in Shandong has been reduced by 150 yuan / ton. Affected by public health events, logistics and transportation are blocked, freight rates rise, downstream purchase intention is general, and enterprises have difficulties in delivering goods. In order to maintain the shipment, the manufacturer’s quotation has been reduced.
Future forecast: the short-term acetic acid market will continue to be weak, with specific attention to the market supply.
| sulphamic acid |