On April 16, the benchmark price for acetic acid, as reported by SunSirs, stood at 4,490.00 RMB/ton—an increase of 8.45% compared to the beginning of the month (4,140.00 RMB/ton).
On April 16, acetic acid prices in the North China region declined, with delivered prices in surrounding areas hovering around 4,275 RMB/ton—a reduction of 75 RMB/ton. Market enthusiasm for acetic acid procurement remained low, and the overall trading atmosphere was subdued; as manufacturers continued to lower their quoted prices, the acetic acid market is currently trending downward.
On April 16, the market price for acetic acid in the Shandong region hovered around 4,270 RMB/ton, marking a price reduction of 70 RMB/ton. Operating rates for acetic acid production remained low, and manufacturers faced minimal inventory pressure; however, as downstream market conditions soften and demand from buyers entering the market remained sluggish, the overall trading atmosphere was subdued, and the downward trend in acetic acid prices continued.
On April 16, acetic acid prices in the Jiangsu region hovered around 4,150 RMB/ton, marking a decrease of 100 RMB/ton. Operating rates at acetic acid production facilities remained low, and inventory pressure on manufacturers was manageable; however, downstream market demand was sluggish, and the overall market sentiment was subdued, causing the acetic acid market to continue its downward trend.
On April 16, acetic acid prices in the Zhejiang region stood at approximately 4,350 RMB/ton (ex-works), marking a downward adjustment of 100 RMB/ton. Domestic acetic acid plant operating rates remained low, and manufacturers face limited inventory pressure; however, downstream market demand was sluggish, and the overall market sentiment has weakened, causing acetic acid prices to continue their downward trend.
On April 16, the acetic acid market in South China experienced a decline. Ex-factory prices were quoted at approximately 4,250 RMB/ton (ex-works), representing a downward adjustment of 200 RMB/ton. Operating rates for acetic acid production remained low, and inventory pressure on manufacturers was manageable; however, downstream demand remained sluggish, and market trading activity was lackluster, causing the downward trend in acetic acid prices to persist.
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