Analysis of the Downward Trend in the South China Acetic Acid Market on October 14

ChemPriceHub, October 14 Report:

On October 14, the acetic acid market in South China softened. Ex-factory prices were quoted at approximately RMB 4,750/ton (ex-works basis), down by RMB 25/ton. Inventory pressure on producers remained moderate. Upstream methanol prices weakened, while downstream buyers maintained a cautious stance, purchasing primarily based on immediate demand. Traders faced sluggish sales, and market sentiment turned bearish, leading to a generally weak trend in the acetic acid market.