On February 5th, the benchmark price of acetic acid according to SunSirs was 2,753.33 RMB/ton, a decrease of 2.71% compared to the beginning of the month (2,830.00 RMB/ton).
On February 5th, acetic acid prices in North China remained stable, with delivered prices in surrounding areas around 2,595 RMB/ton, a decrease of 10 RMB/ton compared to February 4th. Acetic acid capacity utilization fluctuated slightly, and manufacturers showed a clear intention to ship goods. However, downstream demand was limited, and market transactions followed a need-based approach. In the short term, the acetic acid market is expected to remain stable.
On February 5th, the acetic acid market in South China remained stable, with ex-factory prices quoted at around 2,575 RMB/ton (self-pickup), a decrease of 50 RMB/ton compared to February 4th. Acetic acid production rates remained largely unchanged, and manufacturers showed a strong willingness to sell. Downstream buyers mainly purchased based on immediate needs, resulting in a generally moderate trading atmosphere. The acetic acid market is expected to remain stable in the short term.
On February 5th, the market price of acetic acid in Shandong province was around 2,600 RMB/ton, a decrease of 40 RMB/ton compared to February 4th. Transactions in the Shandong acetic acid market were mainly based on negotiation, with weak demand from downstream buyers and average sales volume for manufacturers. In the short term, acetic acid prices are expected to remain stable.
On February 5th, the price of acetic acid in the Zhejiang region was around 2,700 RMB/ton (ex-works), a decrease of 40 RMB/ton compared to February 3rd. Domestic acetic acid production rates were relatively high, while downstream demand was limited, leading to companies negotiating sales. The acetic acid market is expected to remain stable in the short term.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.