February 28 News: On February 28, the price of acetic acid in North China fell, with the delivered price in surrounding areas around 2,670 yuan/ton, a decrease of 30 yuan/ton. Acetic acid companies experienced poor shipments, downstream demand remained weak, and the market trading focus shifted downward, indicating a weak operating trend for acetic acid. Chempricehub analysis of acetic acid, with a bullish-bearish score of -1: The price of acetic acid dropped by 30 yuan/ton to around 2,670 yuan/ton. Companies faced poor shipments, downstream demand was weak, and the market trading focus shifted downward, reflecting oversupply and sluggish demand. This generally exerts bearish pressure on the spot price of acetic acid.
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