
On February 8th, the acetic acid market in North China remained stable, with delivery prices around 2,800 RMB/ton. On February 7th, the price was lowered by 35 RMB/ton. The market supply of goods was stable, the inventory pressure of enterprises was still acceptable, and the downstream market enthusiasm was not high, mainly consuming inventory. The price of acetic acid will remain stable in the short term.
On February 8th, the price of acetic acid in Zhejiang region was around 2,925 RMB/ton for self pickup, and compared to the price on January 6th, it increased by 50 RMB/ton. The market supply of goods was stable, factory inventory was not under pressure, downstream news was quiet, and follow-up was needed when entering the market. The price of acetic acid will remain stable in the short term.
On February 8th, the acetic acid market in South China remained stable, with a factory price of around 2,875 RMB/ton for self pickup. Compared to the price on December 30th, the price was raised by 50 RMB/ton. The market supply of goods was stable, factory inventory was not under pressure, and shipments were maintained as the main focus. Downstream news was quiet, and follow-up was needed when entering the market. In the short term, the price of acetic acid will remain stable and operate in a wait-and-see manner.
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