According to the Commodity Market Analysis System of Shengyi Society, as of May 25th, the average price of acetic acid was 2700 yuan/ton, an increase of 30 yuan/ton or 1.12% compared to the price of 2670 yuan/ton on May 19th.
This week, the acetic acid market has been running strongly, and enterprise quotations have risen. On the supply side, the acetic acid plant is operating steadily, and the market capacity utilization rate remains high. From a regional perspective, most enterprises have lower inventories, and manufacturers have a clear intention to increase prices. Downstream inventory is not high, and market purchasing sentiment is good. The focus of acetic acid transactions has shifted upward.

As of May 25th, the market prices of acetic acid in various regions are as follows:
Region /May 19th /May 23rd /Rise and fall
South China region /2525 yuan/ton /2550 yuan/ton / 25
North China region /2540 yuan/ton /2565 yuan/ton / 25
Shandong region /2570 yuan/ton /2580 yuan/ton / 10
Jiangsu region /2440 yuan/ton /2460 yuan/ton / 20
Zhejiang region /2640 yuan/ton /2660 yuan/ton / 20
The upstream methanol market is running weakly. From May 19th to 25th, the average price in the domestic market decreased from 2362 yuan/ton to 2303 yuan/ton, with an overall decline of 2.49%. The expectation of incremental supply in the methanol market has strongly suppressed prices. Although downstream external mining and downstream equipment start-up have provided some support to the market, the overall support is weak, and the domestic methanol market is under pressure to decline.
The downstream acetic anhydride market is operating weakly. On May 25th, the average ex factory price of acetic anhydride was 4442.50 yuan/ton, a decrease of 1.55% compared to the price of 4512.50 yuan/ton on May 19th. The upstream acetic acid market is relatively strong, the cost of acetic anhydride is increasing, downstream demand is insufficient, the market trading atmosphere is light, the profit of acetic anhydride is decreasing, and the price of acetic anhydride is weakly declining during the cycle.
According to the forecast for the future, the acetic acid analyst from Shengyi Society believes that currently, there is no pressure on the inventory of acetic acid enterprises, and the manufacturers’ mentality is strong. At the same time, some domestic factories have maintenance plans to release, and the utilization rate of acetic acid production capacity will be reduced. Downstream demand will follow steadily. Under the guidance of the news, it is expected that the acetic acid market will be steadily adjusted upwards in the short term, and specific attention will be paid to changes in equipment and downstream follow-up situations.