According to the Commodity Market Analysis System of Business Society, the price of chloroacetic acid has continued to rise recently. On March 24th, the price of chloroacetic acid was 3102 yuan/ton, and as of April 2nd, the price of chloroacetic acid was 3198 yuan/ton, with an increase of 96 yuan per ton. Mainly supported by raw materials such as acetic acid/liquid chlorine.

Specifically, in terms of raw material acetic acid, the price of acetic acid has recently bottomed out and rebounded. Subsequently, the inventory of manufacturers has gradually decreased. With the improvement of market trading atmosphere, enterprises have a strong intention to rise, and with the support of mentality, the price of acetic acid continues to rise.

The trend of the raw material liquid chlorine market is upward, and downstream purchasing sentiment is good. Enterprises are adjusting prices one after another, providing strong support for the price of chloroacetic acid.

Business Society Chloroacetic Acid Data Analyst believes that the raw material news is positive, market demand has increased, and market prices may rise. We will pay attention to downstream follow-up in the future.