On August 13th, acetic acid prices in North China remained stable, with the delivered price around 2,245 RMB/ton. With high acetic acid production capacity utilization and ample supply, manufacturers maintained active shipments, and downstream suppliers entered the market to purchase on demand. The acetic acid market will be stable in the short term.
On August 13, the market price of acetic acid in Shandong Province was around 2,270 RMB/ton, with a 30 RMB/ton price reduction from the price on August 4. Domestic acetic acid plant utilization rates were high, and the market supply was ample. Companies were actively shipping, and downstream companies were purchasing on demand, resulting in a favorable market trading atmosphere. The acetic acid market is expected to remain stable in the short term.
On August 13, the acetic acid market in South China remained unchanged, with the ex-factory price at around 2,375 RMB/ton (self-pickup), a decrease of 25 RMB/ton from the price on July 31. Domestic acetic acid plant utilization rates remained high, and the market supply was ample. Companies were actively shipping, and downstream companies were purchasing on demand, resulting in a favorable market trading atmosphere. In the short term, acetic acid prices will remain stable and wait-and-see.
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