On August 6, the market price of acetic acid in Shandong Province was around 2,270 RMB/ton, having dropped by 30 RMB/ton compared to the price on August 4. Domestic acetic acid plant utilization rates were high, the market supply was ample, and companies were actively shipping. Downstream demand was moderate, and market trading sentiment was subdued. In the short term, the acetic acid market is expected to remain stable and adopt a wait-and-see approach.

On August 6, the acetic acid market in South China remained stable, with the ex-factory price at around 2,375 RMB/ton (on-demand), a decrease of 25 RMB/ton compared to the price on July 31. Domestic plant utilization rates were high, and the market supply was ample. Companies were actively shipping, and downstream companies were following suit based on demand, resulting in a generally positive market trading atmosphere. Acetic acid prices will be stable in the short term.

On August 6, acetic acid prices in North China remained stable, with the delivered price around 2,245 RMB/ton, a decrease of 15 RMB/ton compared to the price on August 4. Acetic acid production capacity utilization was high, market supply was ample, companies were actively shipping, and downstream demand was moderate. In the short term, the acetic acid market is expected to remain stable and wait-and-see.

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