SunSirs: On June 13th, the Acetic Acid Market in Shandong Continued to Rise

https://www.chemnet.com   Jun 14,2024 SunSirs

Price trend

On June 13th, the delivery price for acetic acid enterprises in Shandong region was around 3,350 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 main factories in Hebei had shut down for maintenance. The market mentality was optimistic, and downstream entry into the market followed up as needed. The market trading atmosphere was still acceptable.

Market outlook

In the short term, the acetic acid market will continue to be stronger.

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