On April 20, the price of acetic acid continued to decline

Trade name: acetic acid

 

Latest price (April 20): 4810 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 2.63% compared with the previous working day, and the acetic acid price in Shandong has been reduced by 100 yuan / ton. The market trading atmosphere is light, the logistics and transportation are blocked, the freight charges rise, the downstream purchase intention is general, and the on-site supply has accumulated. In order to maintain the quotation of shipping enterprises, the quotation continues to be reduced.

 

Future forecast: the short-term acetic acid market is weak, and the specific attention is paid to the market supply.

PVA