On February 2, the market price of acetic acid in Shandong region was around 2,660 yuan per ton, with a decrease of 35 yuan per ton. The trading atmosphere for acetic acid in Shandong was relatively weak, with downstream buyers purchasing on-demand. The market operating rate increased, and companies showed strong intentions to sell, leading to a downward trend in the transaction focus of acetic acid. PriceSeek analysis of acetic acid, with a bearish score: -1. The article indicates that the spot price of acetic acid in Shandong decreased by 35 yuan per ton to 2,660 yuan per ton, with a weak trading atmosphere. Downstream demand was sluggish, with purchases made only as needed. The increase in market operating rate led to a rise in supply, and companies exhibited strong intentions to sell, resulting in a continuous downward trend in transaction focus. This suggests that the acetic acid spot market is oversupplied, putting downward pressure on prices, and it is expected that prices will continue to face pressure in the short term. Therefore, a general bearish score of -1.0 is assigned.
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