On March 12, the benchmark price for acetic acid, as reported by SunSirs, stood at 2,993.33 RMB/ton—an increase of 7.03% compared to the beginning of the month (2,796.67 RMB/ton).
On March 12, acetic acid prices in the North China region rose, with delivered prices in surrounding areas hovering around 2,910 RMB/ton—an increase of 25 RMB/ton. Driven by rising upstream costs and strong market sentiment favoring further gains, manufacturers continued to raise their quoted prices, resulting in a firm and upward-trending acetic acid market.
On March 12, the market price for acetic acid in the Shandong region hovered around 2,900 RMB/ton, marking an increase of 30 RMB/ton. Driven by strong upstream pricing, acetic acid producers maintained a bullish sentiment; with market trading primarily driven by immediate demand, the acetic acid market trend continued its upward trajectory.
On March 12, acetic acid prices in the Zhejiang region stood at approximately 3,025 RMB/ton (ex-works), marking an increase of 15 RMB/ton. Domestic acetic acid plant operating rates remained stable, while upstream market trends trended upward; with a predominantly bullish market sentiment, the acetic acid market is expected to continue its upward trajectory.
On March 12, acetic acid prices in the Jiangsu region hovered around 2,815 RMB/ton, marking an increase of 5 RMB/ton. Operating rates at acetic acid production facilities remained stable, while upstream market trends trended upward; supported by a firm market sentiment, the acetic acid market was undergoing a phase of consolidation.
On March 12, the acetic acid market in South China remained temporarily stable, with ex-factory prices quoted at approximately 2,900 RMB/ton (ex-works basis)—an increase of 50 RMB/ton compared to March 10. Acetic acid production rates remained steady, while upstream market trends continued their upward trajectory; consequently, market sentiment remained firm, and the acetic acid market was operating in a wait-and-see mode.
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