April 23 News – On April 23, the price of acetic acid in the Jiangsu region was approximately 3,450 RMB/ton, representing a decrease of 240 RMB/ton. The operating rate of acetic acid plants has increased, while downstream demand remains sluggish, leading to inventory accumulation among holders. Market sentiment is bearish, and the acetic acid market is experiencing a weak downward trend.

According to Chempricehub’s analysis of acetic acid, the bullish-bearish score is -1. The article indicates that the increased operating rate of acetic acid units boosts supply, while weak downstream demand reduces consumption. Inventory has built up among traders, and with a bearish market sentiment, prices have declined by 240 RMB/ton to 3,450 RMB/ton. These factors collectively weigh on spot prices, driving a weak downward trend. The rating is generally bearish (-1), reflecting the negative impact of a short-term supply-demand imbalance.