The acetic acid market was mainly consolidating yesterday. Many units experienced shutdowns and load reductions during the day, but the boost to demand was not obvious yet. The overall negotiation atmosphere was still relatively normal. Most quotations from acetic acid factories remained stable, and some supply sources offered discounted shipments. Industry players mainly waited and watched.
Key factors affecting current market price changes
Demand: Pre-holiday stocking is still not obvious, the overall buying and selling atmosphere is average, and businesses maintain buying as needed.
Supply: Some devices have experienced short-term load reductions and shutdowns, and the actual reduction in spot volume remains to be seen.
Mentality: The bullish and bearish mentality of the industry is not obvious, and they mainly wait and see.
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