On May 6, the acetic acid market in South China showed a firm trend, with ex-works prices reported around 3,200 yuan/ton (self-pickup), up by 50 yuan/ton. Downstream buyers are following demand, and the market trading atmosphere is fairly active. Enterprises are primarily raising their quotations, supporting a consolidating acetic acid market.
Chempricehub's assessment of acetic acid – Bullish/Bearish Rating: 1
In the spot market, on May 6, the acetic acid market in South China strengthened, with ex-works prices rising by 50 yuan/ton to approximately 3,200 yuan/ton (self-pickup). Downstream buyers purchased as needed, the market trading atmosphere was moderate, and enterprises mainly adopted firming quotations, providing positive support to acetic acid prices.
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