May 21 News – On May 21, the price of acetic acid in North China declined, with the regional delivered price standing at approximately 2,915 RMB/ton, representing a decrease of 40 RMB/ton. Downstream buyers entered the market for procurement on a demand-driven basis, while enterprise sales performance remained moderate. The overall acetic acid market trended weakly downward. According to Chempricehub’s assessment, the bullish/bearish rating for acetic acid stands at -1. In terms of spot trading, the delivered price of acetic acid in North China on May 21 was lowered by 40 RMB/ton to around 2,915 RMB/ton. Downstream procurement was based on actual demand, and overall sales performance of enterprises was average. The acetic acid market exhibited a weak downward trend, exerting bearish pressure on prices.
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