On March 6th, the acetic acid market in North China remained stable, with delivery prices around 2,800 RMB/ton. Compared to the price on March 5th, the price was raised by 25 RMB/ton. The market supply of goods was stable, the mentality in the market was strong, and enterprises were actively shipping, with downstream market entry following up as needed. The price of acetic acid will remain stable in the short term.
On March 6th, the market price of acetic acid in Shandong region was around 2,850 RMB/ton, with a market price increase of 50 RMB/ton. The on-site installation has started steadily, and the sales pressure of the enterprise was still acceptable. The bidding price of the Northwest factory was high, and the on-site mentality was quite high. Downstream market entry followed up on demand, and the price of acetic acid is running stronger.
On March 6th, the acetic acid market in South China remained stable, with a factory price of around 2,975 RMB/ton for self pickup. On March 5th, it was raised by 25 RMB/ton. The on-site equipment was running stably, and the sales pressure of the factory was still acceptable. The bidding price in the northwest region was high, and there was a strong intention to raise prices in other regions. Downstream market entry followed up as needed. The price of acetic acid will remain stable in the short term.
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