On July 16th, the market price of acetic acid in Shandong was around 2,250 RMB/ton, with a price reduction of 10 RMB/ton. The operating rate of domestic acetic acid plants increased, the supply of market goods increased, the mentality of operators had weakened, downstream demand was dominant, the market trading atmosphere was weak, and the acetic acid market was weakly consolidating and operating.
On July 16th, the price of acetic acid in Jiangsu region was around 2,310 RMB/ton for self pickup, with a price reduction of 20 RMB/ton. The operating rate of acetic acid plants increased, the supply of market goods increased, and the mentality of operators weakened. Downstream demand followed suit, and the trading atmosphere in the market was weak, resulting in a weak operation of the acetic acid market.
On July 16th, the price of acetic acid in Zhejiang region was around 2,510 RMB/ton, with a decrease of 40 RMB/ton. The domestic device operating rate increased, the market supply of goods increased, factories were actively shipping, downstream demand was the main focus, and the mentality of operators was poor. The acetic acid market is weakly declining.
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