May 11 News – On May 11, the acetic acid price in Zhejiang Province was around 3,150 RMB/ton ex-works, down 50 RMB/ton. Downstream demand for domestic acetic acid remained need-based, with overall market trading activity being moderate. Producers lowered their quotations, and the acetic acid market is showing a weak trend. Chempricehub's assessment of acetic acid: long-short rating: -1.

On the spot market, the ex-works price of acetic acid in Zhejiang Province on May 11 was reduced by 50 RMB/ton to 3,150 RMB/ton. Downstream domestic buyers only purchased on a need-based basis, resulting in a generally moderate trading atmosphere. Production enterprises lowered their quotations, and the overall market is operating weakly, exerting a generally bearish impact on acetic acid prices.