ChemPriceHub, November 6
On November 6, the spot market price of acetic acid in the Shandong region hovered around CNY 4,050/ton, marking a decrease of CNY 50/ton. With upstream methanol prices remaining weak, cost support was moderate. Downstream buyers adopted a wait-and-see approach, purchasing primarily on an as-needed basis. Producers faced sluggish sales, and market sentiment turned bearish, resulting in continued soft trading for acetic acid in the Shandong region.
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