On December 17th, the benchmark price of acetic acid according to SunSirs was 2,660.00 RMB/ton, an increase of 4.31% compared to the beginning of the month (2,550.00 RMB/ton).

On December 17th, acetic acid prices in North China remained stable, with delivered prices in surrounding areas around 2,530 RMB/ton, an increase of 20 RMB/ton compared to December 12th. Acetic acid production rates were low, and company inventories were also low, leading to firm pricing. Downstream buyers purchased according to their needs. The acetic acid market is expected to be wait-and-see in the short term.

On December 17th, the market price of acetic acid in Shandong province was around 2,520 RMB/ton, an increase of 15 RMB/ton compared to December 12th. Acetic acid prices in Shandong remained stable, with downstream buyers purchasing on an as-needed basis. Inventories at companies were not high, and market sentiment was positive. In the short term, the acetic acid market is expected to remain stable with a wait-and-see approach.

On December 17th, the acetic acid market in South China remained stable, with ex-factory prices quoted at around 2,525 RMB/ton (self-pickup), an increase of 50 RMB/ton compared to December 9th. Acetic acid production levels were not high, the market sentiment was positive, and downstream demand remained steady. Companies were adopting a wait-and-see approach. In the short term, acetic acid prices are expected to remain stable.

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.