Chempricehub, October 26 Report
On October 26, the spot market price of acetic acid in Shandong Province stood at approximately CNY 4,400 per ton, reflecting an increase of CNY 100 per ton. With upstream methanol prices stabilizing after a decline, cost support remains robust. Downstream buyers are primarily purchasing on demand, while producers report satisfactory sales volumes. Market sentiment is bullish, driving the acetic acid market to trade strongly.
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