ChemPriceHub, October 29 Report
On October 29, the spot market price of acetic acid in Shandong province was approximately RMB 4,350 per tonne, reflecting a decrease of RMB 50 per tonne. Weakening upstream methanol prices have reduced cost support. Downstream demand remains limited to essential purchases, with moderate shipment rates from producers. Market sentiment is bearish, and the acetic acid market continues to trade weakly.
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