According to the Commodity Market Analysis System of Shengyi Society, as of September 28th, the average market price of acetic acid was 2640 yuan/ton, an increase of 20 yuan/ton or 0.76% compared to the price of 2620 yuan/ton on September 22nd. This week, the domestic acetic acid market continued to operate strongly, with some maintenance equipment on the supply side not yet restored. The utilization rate of acetic acid production capacity has decreased, and downstream pre holiday restocking has been steadily followed up. The market trading atmosphere is positive, and companies are actively shipping. Inventory is maintained at a low level, and the fundamental performance is mainly positive. The mentality of operators has risen, and the price of acetic acid has been raised again.

The raw material methanol market has been fluctuating this week. As of the 28th, the average price in the domestic market was 2263 yuan/ton, an increase of 0.35% compared to the price of 2255 yuan/ton on September 22nd. Recently, the import volume has been high, and the accumulation of methanol in ports is still the main factor. Downstream purchases at low prices continue to suppress the spot market, and the overall market performance is still weak, with narrow fluctuations being the main trend.
The downstream acetic anhydride market is operating steadily, with an average ex factory price of 4212.50 yuan/ton from September 22nd to 28th. The upstream acetic acid market is running at a high level, supporting the optimistic atmosphere of the acetic anhydride market. Downstream replenishment before the holiday is following up on demand, and enterprise shipments are still acceptable. The price of acetic anhydride is stable and waiting to be seen during the cycle.
Market forecast: Business Society’s acetic acid analyst believes that the utilization rate of domestic acetic acid production capacity has decreased month on month, enterprise inventory has declined, downstream stocking is nearing completion, market trading is following up on demand, and currently there is less supply and more demand on site. It is expected that the acetic acid market will continue to operate strongly in the later stage, and the market supply situation will be closely monitored in the future.