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SunSirs: The Acetic Acid Market in East China Was on the Sidelines on August 8th
August 09 2024 13:42:09SunSirs(John)

On August 8th, the price of acetic acid in Zhejiang region was around 3,300 RMB/ton for self pickup, an increase of 25 RMB/ton compared to the market price on August 5th. The on-site equipment was operating normally, and the inventory pressure of the enterprise was still acceptable. Downstream market entry followed up as needed, and the enterprise's shipments were relatively smooth. The market mentality was mainly wait-and-see. In the short term, the price of acetic acid in Zhejiang region is consolidating.

On August 8th, the price of acetic acid in Jiangsu region was around 3,200 RMB/ton for self pickup, an increase of 25 RMB/ton compared to the market price on August 5th. The on-site equipment was operating normally, and the inventory pressure of the enterprise was still acceptable. Downstream market entry followed up as needed, and the enterprise's shipments were relatively smooth. The market mentality was mainly wait-and-see. In the short term, the price of acetic acid in Jiangsu region is consolidating.

On August 8th, the delivery price for acetic acid to surrounding areas of enterprises in Shandong was around 3,325 RMB/ton, an increase of 50 RMB/ton compared to August 2nd. The on-site equipment was operating normally, and downstream market entry was following up as needed. There was temporarily no pressure on the manufacturer's inventory, and shipments were relatively smooth. The market mentality was wait-and-see. The acetic acid market is running steadily in the short term.

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