SunSirs: On June 19th, the Acetic Acid Market in North China Was Weak and Declining

https://www.chemnet.com   Jun 20,2024 SunSirs

Price trend

On June 19th, the acetic acid market in North China was weak and declining, with a delivery price of around 3,225 RMB/ton and a price reduction of 75 RMB/ton.

Analysis review

Enterprises in North China had no inventory pressure, manufacturers maintained active shipments, and downstream market entry enthusiasm was not high. Purchasing was mainly based on demand, and the market trading atmosphere was limited.

Market outlook

In the short term, the acetic acid market is weak and consolidating.

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