May 22 News - On May 22, the acetic acid market in South China saw a price decline, with ex-factory prices reported at around 2,925 RMB/ton (ex-works), down 25 RMB/ton. Downstream demand for acetic acid remained weak, and market trading sentiment was generally subdued, leading to a consolidating downward trend in acetic acid prices. Chempricehub rates acetic acid with a long-short score of -1.
In the spot market, as of May 22, the ex-factory price of acetic acid in South China decreased by 25 RMB/ton, settling at approximately 2,925 RMB/ton (ex-works). Currently, downstream demand for acetic acid is weak, with overall market trading activity being lackluster. The market is undergoing a general consolidation with a downward bias, and short-term prices remain under pressure.
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