Market Outlook for Glacial Acetic Acid

  Looking ahead to the final week of September, the Chinese glacial acetic acid market is expected to fluctuate at high levels with a bullish bias, though the momentum for a sharp, sustained rally remains limited. Producers currently hold low inventories, and support from raw material costs, exports, and pre-holiday essential demand is bolstering their resolve to maintain high prices. However, downstream acceptance of high prices is limited, with purchasing largely restricted to immediate needs; additionally, the anticipated restart of previously idled units could exert downward pressure on the market, necessitating caution regarding the risk of a price spike followed by a pullback.