Production Capacity Status of Enterprises
Yankuang Cathay: 1.2 million tons/year, daily output of 3,000 tons
Hualu Hengsheng: 600,000 tons/year, daily output of 1,500 tons
On February 2, the market price of acetic acid in the Shandong region was approximately 2,660 RMB/ton, representing a decrease of 35 RMB/ton. The trading atmosphere for acetic acid in the Shandong region remained subdued, with downstream buyers making purchases based on demand. Market operating rates have increased, and enterprises are showing strong intentions to offload inventory. As a result, the trading focus for acetic acid has shifted downward with a weakening trend.
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