April 21st News: On April 21st, Shandong Hualu Hengsheng lowered its acetic acid price by 200 yuan/ton, with the current bulk price at 3,950 yuan/ton. The market sentiment is bearish, and enterprise quotations continue to decline, with actual transaction prices mainly negotiated. Chempricehub's analysis of acetic acid, with a long-short rating of -1.5: The spot price of acetic acid decreased by 200 yuan/ton to 3,950 yuan/ton. The market sentiment is bearish, and enterprise quotations continue to decline, with actual transaction prices mainly negotiated, indicating increased pressure from oversupply or weak demand. It is expected that short-term spot prices will continue to face downward pressure, with significant bearish signals.
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