On October 17, the price of acetic acid in East China was 3760.00 yuan/ton, a drop of 0.33% over the weekend. The upstream methanol market declined, the cost support was weak, the downstream demand was light, and a small amount of procurement was followed up as needed. The market trading atmosphere was general, the utilization rate of acetic acid capacity at the supply side was increased, and the enterprise inventory was sufficient. In order to maintain the rhythm of shipment, the focus of market negotiations was shifted downward, and the weak acetic acid market was sorted out, with specific attention paid to the market transaction.
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