On May 11, the acetic acid market in South China experienced a price decline, with ex-works prices quoted at approximately 3,150 CNY/ton, a reduction of 25 CNY/ton. Downstream demand remained limited to immediate needs, leading to a lackluster market sentiment and a generally weak performance in the acetic acid market. According to Chempricehub's analysis, the bullish-bearish score for acetic acid stands at -1.
As of May 11, ex-works prices in the South China acetic acid market dropped by 25 CNY/ton to around 3,150 CNY/ton. Downstream buyers only procured on a need-to basis, resulting in sluggish trading activity and an overall weak market trend, exerting a generally bearish influence on spot acetic acid prices.
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