Chinese Acetic acid Market in short supply

Affected by the tight supply of acetic acid, the domestic acetic acid market continues to rise。At present, the domestic acetic acid market as a whole is high and strong, and the spot supply exceeds the demand. The downstream market has a positive performance in preparing goods before the Spring Festival holiday, and the trade is active. Due to the shutdown and overhaul of some devices in North of China, the market supply is in short supply. And it is difficult to make up the supply side gap in a short time.

The present domestic acetic acid market is under a strong operation, and the favorable demand side is expected to continue until the Spring Festival holiday. In addition, the logistics and transportation costs are increasing, so it is expected that the acetic acid market will still be strong in the near future.