SunSirs: Acetic Acid Market in Some Regions of China on February 7th

On February 7th, the acetic acid market in North China decreased, with delivery prices around 2,800 RMB/ton and a price reduction of 35 RMB/ton. The market supply of goods was stable, the inventory pressure of enterprises was still acceptable, and the enthusiasm of downstream market entry was not high, mainly consuming inventory. The price of acetic acid has been adjusted downward.

On February 7th, the market price of acetic acid in Shandong region was around 2,810 RMB/ton, and the market price was lowered by 50 RMB/ton. The supply of goods on site was stable, and the inventory pressure of enterprises was still acceptable. The enthusiasm of downstream market entry was not high, mainly consuming inventory. The price of acetic acid has been adjusted downward.

On February 7th, the acetic acid market in the South China region 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 was stable, and factory inventory was not suppressed, with shipments being the main focus. Downstream news was quiet, and entry into the market was followed up as needed. In the short term, the price of acetic acid will be stable.

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