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Acetic Acid prices elevated in domestic market

This week the domestic market of Acetic Acid had opened with trend at Rs. 52/Kg  for Kandla and Mumbai ports, respectively. However, on 28th February, 2018 the prices of Acetic Acid at Kandla port increased by at drop down by Rs. 2.5/Kg to Rs. 54.5/Kg, whereas prices at Mumbai port sustained a steady trend and were assessed at the rate of Rs54/Kg. This hike has been basically due to limited supply in the domestic market.