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Acetic Acid drops heavily in domestic market

There has been significant slowdown in domestic values for Acetic Acid in domestic market. Since past few prices surged up due to limited supply on back of winter season issues. Now the market has suddenly changed its position. Last few weeks prices were hovering in the range of Rs.50-52/Kg for Kandla and Mumbai port.

Yesterday prices declined to the level of Rs.47/Kg for both ports, reduced by Rs.5/Kg for bulk quantity.