Chempricehub, October 23 Report:
On October 23, the acetic acid market in North China saw a decline. Delivered prices in surrounding areas were around RMB 4,225 per ton, reflecting a decrease of RMB 25 per ton. Support from the raw material methanol remained moderate, while downstream demand was weak. Market participants held bearish sentiments, leading to a continued downward trend in the acetic acid market.
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