On May 13, Shandong Hualu Hengsheng lowered the acetic acid price by 100 RMB/ton, with the bulk price now at 3,100 RMB/ton. Market sentiment is weak, prompting the company to reduce its quotation. Actual transaction prices are subject to negotiation.
Chempricehub’s assessment of acetic acid: Bullish/Bearish Score: -1
On May 13, Shandong Hualu Hengsheng reduced the acetic acid bulk price by 100 RMB/ton to 3,100 RMB/ton. Current market trading sentiment is sluggish, leading the company to proactively lower its quotation, which exerts a moderately bearish impact on spot acetic acid prices. Actual transaction prices remain negotiable. Going forward, attention may be directed toward downstream demand and changes in quotations from other producers.
Comments
0