SunSirs: Market Situation of Acetic Acid in Some Regions of China on October 17th

https://www.chemnet.com   Oct 18,2024 SunSirs

On October 17th, the price of acetic acid in Jiangsu region was around 2,750 RMB/ton for self pickup, and the market price was lowered by 50 RMB/ton. Downstream factories and traders had weak demand, and the market trading atmosphere was weak. Enterprises had poor shipments, accumulated inventory, and the market transaction center shifted downwards. The acetic acid market was consolidating and declining.

On October 17th, the acetic acid market in North China continued to decline, with delivery prices around 2,900 RMB/ton and a price reduction of 50 RMB/ton. Downstream factories and traders' demand continued to be weak, market trading atmosphere was sluggish, enterprise shipments were not smooth, inventory continued to increase, and the short-term acetic acid market will continue to operate weakly.

On October 17th, the acetic acid market in the South China region remained stable, with a factory price of around 2,875 RMB/ton for self pickup. On October 16th, the price dropped by 50 RMB/ton, and downstream market entry enthusiasm was not high. The market trading atmosphere was light, and enterprise shipments were poor, with accumulated inventory. The market transaction center was low, and the short-term acetic acid price market will remain stable.

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