According to the Commodity Market Analysis System of Business Society, from March 1st to March 19th, 2024, the price of liquid sodium acetate increased by 37 yuan/ton, with 812 yuan/ton on March 1st and 849 yuan/ton on March 19th.

In terms of raw material acetic acid: Recently, the acetic acid market has been relatively strong and rising. The factory’s shipment is smooth, the enterprise’s inventory has decreased, and with the resumption of upstream and downstream operations, there has been an increase in replenishment in the market. The market trading atmosphere is good, and the quotation of acetic acid manufacturers has been raised.

On the downstream side, after the holiday, various industries resumed work and production, and the demand for sewage treatment increased. The price of sodium acetate factories rose, and the market began to rebound.

In the future market forecast, analysts from Shengyishe Sodium Acetate believe that both the supply and demand sides are favorable, and it is expected that the focus of the sodium acetate market will remain stable in the short term, with narrow consolidation as the main trend.