SunSirs: Market Situation of Acetic Acid in Some Regions of China on April 10th

On April 10th, the acetic acid market in South China remained stable, with a factory price of around 2,750 RMB/ton for self pickup, a decrease of 50 RMB/ton compared to April 7th. The on-site equipment was running smoothly, the market supply of goods was sufficient, downstream purchases were following up on demand, and the trading atmosphere on site was relatively weak. In the short term, the price of acetic acid will remain stable and operate in a wait-and-see manner.

On April 10th, the acetic acid market in North China increased, with delivery prices around 2,750 RMB/ton and a price increase of 25 RMB/ton. Some factories in the region have undergone equipment maintenance, resulting in a decrease in market capacity utilization. The mentality of enterprises has risen, and downstream entry into the market was mainly based on demand. The trading atmosphere on site wa still acceptable, and the price of acetic acid was running stronger.

On April 10th, the market price of acetic acid in Shandong was around 2,780 RMB/ton. Part of the factory equipment was undergoing maintenance, and the market supply of goods has decreased. The mentality of enterprises was quite high, and downstream entry into the market was mainly based on demand. The trading atmosphere on site was still acceptable, and the price of acetic acid has been adjusted upwards.

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