On March 24, the acetic acid market was sorted upward

Trade name: acetic acid

 

Latest price (March 24): 5110 yuan / ton

 

Key points of analysis: today’s acetic acid price is relatively upward, and the average market price in East China has increased by 2.82% in a single day. Due to the maintenance of Nanjing acetyl and Shanghai Huayi acetic acid plants, the tight supply in East China has boosted the mentality of the industry, the quotation in other parts of China has increased, the downstream demand has been followed up rationally, the mentality of the industry is optimistic, and the market atmosphere is mainly wait-and-see.

 

Future forecast: the short-term acetic acid market will wait and see consolidation or rise slightly, with specific attention to the market supply.

POLYVINYL ALCOHOL