According to the Commodity Analysis System of Business Society, in mid April, the price of chloroacetic acid was 3187 yuan/ton, a decrease of 13 yuan/ton from 3200 yuan/ton at the beginning of April, basically unchanged.
On the demand side, downstream glyphosate has recently bottomed out and rebounded. Although the domestic trade market has performed poorly, the demand in the foreign trade market is steadily releasing, and the market demand is developing well. Some companies have already filled their orders in April and are expected to perform positively in the future.
Business Society analysts believe that the downstream demand for chloroacetic acid has surged, providing strong support for its price, and the recent market may mainly fluctuate and rise.
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