February 2 News: On February 2, the acetic acid market in South China experienced a decline, with ex-factory prices quoted at approximately 2,640 yuan/ton for self-pickup, down by 25 yuan/ton. The operating rate of acetic acid plants increased, leading to a rise in market supply. Enterprises showed strong intentions to offload inventory, while downstream buyers made purchases based on immediate needs. Trading activity remained subdued, resulting in a weak downward trend in the acetic acid market. Chempricehub Analysis of Acetic Acid, Bull-Bear Score: -1 The article indicates a decline in the acetic acid market, with ex-factory prices dropping by 25 yuan/ton to around 2,640 yuan/ton. The increase in operating rates has led to higher market supply, and enterprises are eager to sell their inventory. However, downstream buyers are only purchasing based on immediate needs, and trading activity remains subdued, contributing to an overall weak downward trend in the market. This suggests an oversupply of acetic acid in the spot market coupled with weak demand, exerting significant downward pressure on prices and negatively impacting the acetic acid spot market.