Price trend
On December 16th, the acetic acid market in South China remained stable, with a factory price of around 2,775 RMB/ton for self pickup. Compared to the price on December 13th, the price was raised by 50 RMB/ton.
Analysis review
The market supply of goods was stable, factory inventory was not under pressure, shipments were smooth, downstream followed up on demand, and the on-site trading atmosphere was still acceptable.
Market outlook
In the short term, the price of acetic acid is running steadily.
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