April 15th News — On April 15th, the acetic acid market in South China experienced a decline, with ex-factory prices quoted at approximately 4,450 RMB/ton on a self-pickup basis, down by 100 RMB/ton. The operating rate of acetic acid plants remains low, while inventory pressure at enterprises is manageable. Downstream demand is subdued, and market trading activity is moderate, leading to a weak downward trend in acetic acid prices.
Chempricehub Analysis on Acetic Acid — Bull-Bear Score: -1
The spot price of acetic acid has dropped by 100 RMB/ton to around 4,450 RMB/ton on a self-pickup basis, primarily due to weak downstream demand. Although the operating rate is low, inventory pressure at enterprises remains manageable, ensuring relatively stable supply. Market trading activity is moderate, with insufficient demand driving the weak downward trend. In the short term, prices are expected to remain under pressure, with a generally bearish outlook (score: -1).
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