According to the Commodity Market Analysis System of Shengyishe, the price of chloroacetic acid fell in February, with a price of 3175 yuan/ton as of February 29th. At the beginning of the month, the average price of chloroacetic acid was 3275 yuan/ton, but decreased by 100 yuan/ton within the month, a decrease of 3.05%, and a price drop of 10.1% compared to the beginning of the year.

Affected by the decline in upstream acetic acid prices, the price of chloroacetic acid has shown a weak downward trend.

Affected by rainy and snowy weather, logistics and transportation in the northern region are restricted, and acetic acid factories have poor shipments. Enterprise inventory has accumulated, and the market trading atmosphere is weak, resulting in a downward trend in acetic acid market prices.

Future analysis

At present, the trading atmosphere inside the chloroacetic acid market is light, and the shipping pace is average. However, as logistics transportation gradually recovers, the low inventory of upstream acetic acid will provide some support to the chloroacetic acid market, and the weak situation will be alleviated. In the short term, the chloroacetic acid market will mainly operate steadily, and specific trends still need to pay more attention to changes in supply and demand news.