SunSirs: On June 11th, the Acetic Acid Market in Shandong Province Was Consolidated Upward

https://www.chemnet.com   Jun 12,2024 SunSirs

Price trend

On June 11th, the delivery price for acetic acid enterprises in Shandong region was around 3,250 RMB/ton, and the enterprise's quotation was increased by 50 RMB/ton.

Analysis review

The manufacturer's inventory was under pressure, the market supply was stable, and the acetic acid market had equipment for shutdown and maintenance. The manufacturer's mentality was optimistic, and downstream entered into the market and followed up as needed. The market trading atmosphere was still good, and the acetic acid market was consolidating and rising.

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