On June 19th, the acetic acid market in North China remained unchanged, with delivery prices around 2,400 RMB/ton. Compared to the price on June 12th, the price was lowered by 10 RMB/ton. The operating rate of the acetic acid plant had slightly decreased, and the pressure on market supply had weakened. Downstream demand followed suit, and the market trading atmosphere was still acceptable. The price of acetic acid will remain stable in the short term.
On June 19th, the market price of acetic acid in Shandong was around 2,450 RMB/ton, and compared to June 18th, the price was raised by 10 RMB/ton. The on-site acetic acid plant had undergone changes in operation, and the pressure on market supply had weakened. Downstream procurement was following up on demand, and companies were adopting a wait-and-see attitude. The acetic acid market was running steadily in the short term.
On June 19th, the acetic acid market in South China remained stable, with a factory price of around 2,475 RMB/ton for self pickup. Compared to June 17th, the price was raised by 25 RMB/ton. The on-site installation changed, and the pressure on market supply had weakened. Enterprises were adopting a wait-and-see attitude, and downstream demand was the main focus. The market trading atmosphere was still acceptable. In the short term, the price of acetic acid will remain stable and operate in a wait-and-see manner.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com
