Prices of Acetic Acid: During the second quarter of 2023 | ChemAnalyst
Chemanalyst04 Aug, 2023Business
The prices of Acetic Acid have shown a sharp decline at the beginning of the quarter and then prices have declined with slower rate during the second half of Q2. This was mostly due to economic uncertainty amid high inflation and rising interest rate to control inflation which led to a decrement in demand from the downstream industries like VAM, Acetate, and Anhydride.
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