January 29th News On January 29th, acetic acid prices in North China declined, with the delivered price in surrounding areas around 2,700 yuan per ton, down by 30 yuan per ton. The utilization rate of acetic acid production capacity increased, leading to a rise in market supply. Downstream buyers made purchases based on demand, resulting in a subdued trading atmosphere. Enterprises experienced weaker sales, and the acetic acid market trended downward weakly. Chempricehub Analysis of Acetic Acid, Bull-Bear Score: -1 The article notes that acetic acid prices in North China fell by 30 yuan per ton to around 2,700 yuan per ton, primarily due to increased production capacity utilization, which led to a rise in market supply. Downstream demand remained limited to on-demand purchases, resulting in a subdued trading atmosphere and weaker sales for enterprises. The market trended downward weakly. This indicates that oversupply and weak demand are exerting significant downward pressure on spot prices. Prices are expected to remain under pressure in the short term, reflecting a generally bearish impact.