Chempricehub, October 20 – On October 20, the market price of acetic acid in the Shandong region stood at approximately CNY 4,450 per ton, reflecting a decrease of CNY 100 per ton. The softening trend in upstream methanol prices, coupled with weak downstream demand and sluggish trading volumes among distributors, has fostered bearish sentiment among market participants. Consequently, the acetic acid market is expected to remain weak in the short term.
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