January 13th News
On January 13th, Shandong Hualu Hengsheng Chemical Co., Ltd. quoted the bulk acetic acid price at 260 yuan/ton, an increase of 20 yuan/ton. Actual transaction prices are subject to negotiation.
Chempricehub Analysis of Acetic Acid
Bull-Bear Score: +1
The article indicates that Shandong Hualu Hengsheng Chemical Co., Ltd. quoted the bulk acetic acid price at 260 yuan/ton, an increase of 20 yuan/ton compared to the previous period, representing a rise of approximately 7.7%. This suggests tight supply or increased demand in the acetic acid spot market. The company proactively raised its quotation, and actual transactions require negotiation, but overall, this is favorable for spot prices. A score of +1 indicates a generally positive impact, as the increase is moderate and not driven by major events, potentially boosting downstream procurement expectations.