In February 2018, the export volume of Chinese chloroacetic acid List shrank to 1,558.66/mt, down 37.25% month on month. Unstable prices in the Chinese market influenced the negotiation sentiments in trading.
In February 2018, the export volume of chloroacetic acid was 1,558.66mt, down 37.25% month on month and down 10.88% year on year. The average export price was $964.08%, being equivalent to RMB 6,555/mt. The overall trading in the Chinese chloroacetic acid market was not active influenced by the Spring Festival holiday. Mainstream prices moved down obviously. Exporters saw high profits. buy Chloroaceticacid - Industrial Grade
Russia and Turkey are the major export destination of China’s chloroacetic acid.
As for the producers, Shandong Minji was still the major exporter. Moreover, the proportion of exported goods from Henan and Jiangsu increased.
Restricted by the high prices, foreign users purchased chloroacetic acid cautiously. Pesticide Intermediates Meanwhile, the production cost was high and many Chinese chloroacetic acid producers may face losses. Chinese exporters won’t make long-term orders without careful consideration. It is predicted that the export volume in March and April will decline.
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