Enterprise |
Production capacity |
Production status |
Yanzhou Coal and Guotai |
1.2 million tons/year |
Daily output of 3000 tons |
Hualu Hengsheng |
600,000 tons/year |
Daily output of 1500 tons |
On May 9, the market price of acetic acid in Shandong was around 2,590 RMB/ton, and was lowered by 50 RMB/ton on May 7. The acetic acid production capacity utilization rate is high, the market supply is sufficient, the downstream entry into the market follows up on demand, the company ships are average, the market mentality is waiting and the short-term acetic acid market runs smoothly.
In addition, the acetic acid market in North China is stable, with the surrounding delivered price at around 2,590 RMB/ton. On May 7, the price was reduced by 35 RMB/ton. The acetic acid production capacity utilization rate is high, the market supply is sufficient, downstream purchases are made on demand, and companies are in a wait-and-see attitude. In the short term, the acetic acid price is stable.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.