Acetic acid market price rose sharply on May 9

Trade name: acetic acid

 

Latest price (May 9): 4690 yuan / ton

 

Key points of analysis: today, the market price trend of acetic acid has risen sharply. The average market price in East China has increased by 7.57% compared with the previous working day. At the weekend, various enterprises have adjusted the price sharply, and the price of acetic acid in Shandong has increased by 600 yuan / ton. At present, due to the tight market supply of individual acetic acid enterprises due to device maintenance and low load operation, the downstream market purchase is active, the market trading atmosphere is mainly wait-and-see, the mentality of operators is strong, and the quotation of enterprises has been adjusted and increased.

 

Future forecast: the short-term acetic acid market is bullish, and pay attention to the market supply.

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