On May 7th, the acetic acid market in North China decreased, with delivery prices around 2,590 RMB/ton and a price reduction of 35 RMB/ton. The utilization rate of acetic acid production capacity was relatively high, the market supply was sufficient, the downstream purchasing enthusiasm was not high, the enterprise mentality was weak, and the focus of acetic acid transactions was weakly lowered.

On May 7th, the market price of acetic acid in Shandong was around 2,590 RMB/ton, a decrease of 50 RMB/ton. The utilization rate of acetic acid production capacity was relatively high, the market supply of goods was sufficient, downstream market entry was mainly based on demand, enterprise shipments were average, the market mentality was bearish, and the focus of acetic acid transactions had shifted downwards.

On May 7th, the acetic acid market in South China remained stable, with a factory price of around 2,625 RMB/ton for self pickup. Compared to the price on April 30th, it was lowered by 25 RMB/ton. The utilization rate of on-site equipment production capacity was relatively high, the market supply of goods was sufficient, downstream procurement followed up on demand, the market trading atmosphere was average, and the price of acetic acid is running steadily in the short term. 

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.