March 12th news: On March 12th, the price of acetic acid in the Zhejiang region was around 3,025 yuan/ton ex-works, with an increase of 15 yuan/ton. Domestic acetic acid production remained stable, upstream market conditions rose, and market sentiment was predominantly bullish, leading to a continued upward trend in acetic acid prices. Chempricehub analysis of acetic acid, with a long-short score of 1.5, indicates that spot prices in the Zhejiang region have increased by 15 yuan/ton to 3,025 yuan/ton. The rise in upstream market conditions has driven up costs, and although domestic production is stable, the market sentiment is strongly bullish, with prices continuing to trend upward. This suggests that supply-side support has strengthened, demand expectations are optimistic, and there is a strong positive impact on spot prices of acetic acid. It is expected that prices may continue to rise moderately in the short term.