On January 4, the price of acetic acid in the Jiangsu region was around 2,575 yuan per ton, an increase of 25 yuan per ton. The capacity utilization rate in the acetic acid market remains low, with a focus on maintaining shipments. Downstream demand shows little change, and enterprise inventories are relatively low. Market participants hold an optimistic outlook, leading to a strong upward trend in acetic acid prices.
PriceSeek Analysis of Acetic Acid:
Bull-Bear Score: 1.5
The spot price of acetic acid in the Jiangsu region increased by 25 yuan per ton to 2,575 yuan per ton, reflecting tight supply (low capacity utilization and low enterprise inventories) and stable demand support. Market participants are optimistic, expecting prices to remain strong in the short term, with favorable factors dominating. A score of 1.5 indicates strong positive sentiment, as the moderate price increase is accompanied by a sustained positive trend.