Price trend

The acetic acid market in North China remained stable and under observation on August 7th, with delivery prices around 3,275 RMB/ton. Compared to the price on August 2nd, the price was raised by 50 RMB/ton.

Analysis review

The inventory pressure of manufacturers in North China was still acceptable, downstream companies were following up on demand, and enterprise shipments were relatively smooth. The market was adopting a wait-and-see attitude.

Market outlook

In the short term, the acetic acid market in North China is running smoothly.

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