On September 17, the benchmark price of acetic acid on SunSirs was 2,540.00 RMB/ton, up 4.96% from the beginning of this month (2,420.00 RMB/ton).
On September 17th, acetic acid prices rose in North China, with the delivered price around 2,400 RMB/ton, an increase of 40 RMB/ton. The acetic acid market was strong, with suppliers optimistic about the outlook and downstream companies entering the market in line with demand. Companies were facing minimal inventory pressure, and acetic acid prices were trending upward.
On September 17, the market price of acetic acid in Shandong Province was around 2,420 RMB/ton, a 20 RMB/ton increase. The domestic acetic acid market was strong, with optimistic supplier expectations, limited inventory pressure for companies, and downstream companies replenishing stocks on demand, leading to a strong upward trend in the acetic acid market.
On September 17, the price of acetic acid in Jiangsu Province was around 2,445 RMB/ton, an increase of 20 RMB/ton. The acetic acid market sentiment was relatively strong, with suppliers optimistic about the market outlook. Downstream suppliers were replenishing stocks on demand, and companies were facing minimal inventory pressure. The industry continued to support price increases, and the acetic acid market continued to rise.
On September 17, the price of acetic acid in Zhejiang Province was around 2,625 RMB/ton ( delivery), with a 25 RMB/ton increase from the price on September 16. The domestic acetic acid market was strong, with downstream companies entering the market to replenish stocks on demand. Factories faced minimal inventory pressure, and manufacturers were optimistic. The acetic acid market is expected to be strong in the short term.
On September 17, the acetic acid market in South China remained stable, with the ex-factory price at around 2,425 RMB/ton for self-pickup. This price increased by 35 RMB/ton from the price on September 11. The domestic acetic acid market remained strong, with some fluctuations in supply capacity. Downstream suppliers were entering the market based on demand, and companies were facing minimal inventory pressure. Operators were generally cautious. In the short term, the acetic acid market will run smoothly.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.