On October 23, the acetic acid market in North China saw a decline, with the surrounding delivered price at around 4,225 yuan per ton, a reduction of 25 yuan per ton. The support from raw material methanol is general, the downstream demand is relatively weak, and market participants hold a bearish attitude, leading to the continued downward trend of the acetic acid market.

On October 23, the acetic acid market in South China saw a downward trend. The ex-factory price was around 4350 yuan/ton for ex-warehouse, with a reduction of 25 yuan/ton. The upstream methanol has limited support, downstream procurement is limited, and traders are facing difficulties in shipping. The acetic acid market continues its weak trend.

The lithium iron phosphate plant of Song滋 Stanley Yihua New Materials Technology Co., Ltd. is currently operating stably, with a high product qualification rate. The current price of sulfuric acid has decreased, and the lithium iron phosphate project is generating good profits. Limited by the existing conditions of the plant, the project's load will remain at the current level within the year, and it is planned to be further increased through technological transformation in the future.