Chempricehub, October 20 Report:
On October 20, Shandong Hualu Hengsheng lowered its acetic acid price by CNY 100/ton. The current bulk delivery price stands at CNY 4,500/ton. With raw material costs declining and downstream purchasing enthusiasm weakening, market sentiment remains bearish. Consequently, acetic acid producers have adjusted their quoted prices downward to reflect the weak market conditions, with actual transaction prices primarily determined through negotiation.
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