ChemPriceHub, October 21 Report
On October 21, the acetic acid market in South China experienced a downward adjustment. The ex-works price for self-pickup was reported at approximately RMB 4,425 per ton, reflecting a decrease of RMB 125 per ton. With methanol prices weakening upstream and downstream procurement activity remaining subdued, traders faced challenges in moving inventory, causing the acetic acid market to continue its trend of weak downward movement.
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