On January 16, the acetic acid market in Shandong region showed a strong upward trend.

Production Capacity 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 January 16, the market price of acetic acid in the Shandong region was around 2,750 yuan/ton, representing an increase of 20 yuan/ton. Acetic acid quotations in the Shandong region continued to rise steadily, supported by stable downstream demand, low enterprise inventories, and positive market sentiment. The acetic acid market exhibited a strong upward trend.