SunSirs: On July 25th, the Acetic Acid Market in North China Remained Stable

https://www.chemnet.com   Jul 26,2024 SunSirs

Price trend

The acetic acid market in North China was running steadily, with delivery prices around 3,225 RMB/ton. On July 24th, the price was lowered by 100 RMB/ton.

Analysis review

The market capacity utilization rate was relatively high, manufacturers in North China had sufficient inventory, downstream demand was limited, inventory digestion was the main focus, on-site trading was average, the market in Northwest China was weak, and the market mentality was bearish, coupled with sufficient domestic supply.

Market outlook

In the short term, the acetic acid market in North China is weakly consolidating and operating.

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