On January 29, the market price of acetic acid in the Shandong region was around 2,695 yuan per ton, down by 30 yuan per ton. The trading atmosphere for acetic acid in Shandong weakened, with downstream demand following up only on a rigid basis. Enterprises' shipments were average, and the acetic acid market trend was weak and declining. PriceSeek's analysis of acetic acid indicates a bearish score of -1. The spot price of acetic acid in the Shandong region decreased by 30 yuan per ton to 2,695 yuan per ton, with a weakening trading atmosphere. Downstream demand followed up only on a rigid basis, and enterprises' shipments were average, leading to a weak and declining market trend. This suggests weak market demand and relatively sufficient supply, putting pressure on prices in the short term. This constitutes a generally bearish impact on acetic acid spot prices, and it is expected that prices may continue to operate weakly.
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