On August 13, the benchmark price for acetic acid was 3,046.67 RMB/ton, a decrease of 5.48% compared to the beginning of the month (3,223.33 RMB/ton).
On August 13, the acetic acid market in South China remained stable, with ex-factory prices quoted at approximately 2,925 RMB/ton (ex-works/self-pickup); the price had been lowered by 25 RMB/ton on August 10. Operating rates have risen, while downstream purchasing is primarily driven by immediate needs, resulting in subdued market trading activity. In the short term, the market is expected to remain stable as participants adopt a wait-and-see approach.
On August 13, the price of acetic acid in the Jiangsu region stood at approximately 2,875 RMB/ton, following a 20 RMB/ton reduction on August 10. Downstream demand is following suit on an as-needed basis, and market trading activity remains moderate. With producer quotes holding steady, the acetic acid market is expected to maintain a stable, wait-and-see trend in the short term.
On August 13, the ex-works price of acetic acid in the Zhejiang region stood at approximately 3,075 RMB/ton, following a 20 RMB/ton reduction on August 10. Operating rates have risen, and downstream purchasing is primarily driven by immediate needs; market sentiment remains stable, with the acetic acid market expected to hold a wait-and-see stance in the short term.
On August 13, the market price of acetic acid in the Shandong region stood at approximately 2,910 RMB/ton, following a 10 RMB/ton decrease on August 12. Operating rates have risen, and downstream demand is being met on an as-needed basis; market trading activity remains moderate, and the acetic acid market is expected to operate steadily in the short term.
On August 13, the acetic acid market in North China saw prices rise; delivered prices in the surrounding region stood at approximately 2,910 RMB/ton, marking an increase of 10 RMB/ton. With operating rates at acetic acid plants rising and downstream demand showing signs of improvement, market sentiment remains positive, and the market is trending upward.
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