On April 22nd, the market price of acetic acid in Shandong was around 2,780 RMB/ton. The factory equipment was increasing its load, and the market supply of goods had improved. Enterprises were adopting a wait-and-see attitude, and downstream companies were following up as needed. The market trading atmosphere was still acceptable. The acetic acid prices are stable and operating under observation in the short term.
On April 22nd, the price of acetic acid in Jiangsu region was around 2,555 RMB/ton for self pickup, with a price reduction of 25 RMB/ton. The utilization rate of acetic acid production capacity had improved, the market supply of goods was sufficient, factories actively ship, downstream market purchases were average, and the trading atmosphere in the market was weak, resulting in a weak operation of the acetic acid market.
On April 22, the acetic acid market in North China remained unchanged, with delivery prices around 2,765 RMB/ton. On April 14, the price increased by 15 RMB/ton. The maintenance equipment has been partially restarted, and the company's quotation was temporarily stable. The enthusiasm for downstream market purchases was average, and the trading atmosphere on site was relatively weak. The price of acetic acid will remain stable in the short term.
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