April 23 News: On April 23, the acetic acid market in South China experienced a price decline, with ex-factory prices reported at around 3,650 RMB/ton (ex-works basis), down by 100 RMB/ton. The operating rate of acetic acid production has increased, while downstream demand remains sluggish, resulting in a subdued market trading atmosphere and a weak downward trend in acetic acid prices. According to Chempricehub's assessment of acetic acid, the long-short rating stands at -1.5. The article points out that the increase in the acetic acid operating rate has led to a rise in supply, while weak downstream demand has dampened purchasing intentions. The market trading atmosphere is lackluster, with ex-factory prices falling by 100 RMB/ton to approximately 3,650 RMB/ton, indicating a continued weak downward trend. This suggests a deterioration in the supply-demand fundamentals, exerting significant bearish pressure on spot acetic acid prices, and short-term prices are expected to remain under pressure.