Acetic acid prices fell initially in June before rising. As of June 29, the average market price had increased by 33.34 yuan/ton compared to the beginning of the month, representing a monthly increase of 1.10%.
Acetic acid prices in June initially fell before rising. At the beginning of the month, constrained by demand, acetic acid prices continued their downward trend from May. Later, due to temporary shutdowns of major plants in Shandong province, coupled with current acetic acid operating rates below 80%, companies adopted a bullish outlook, leading to a price rebound. In the second half of the month, although overall inventory pressure for acetic acid companies was not high, downstream purchases were mainly for immediate needs, limiting further price increases. Under this supply-demand dynamic, the acetic acid market maintained a stable and firm position.
The methanol market experienced weak and volatile trading in June. As of June 29th, the average market price had fallen by 10.98% compared to the beginning of the month. In the first ten days of the month, supported by geopolitical conflicts and low inventory levels, methanol prices fluctuated upwards. In the latter half of the month, geopolitical conflicts eased somewhat, methanol imports were expected to increase, and domestic demand remained weak due to the traditional off-season, leading to a strong bearish sentiment in the market and a decline in methanol prices from their highs. Support from the raw material side for acetic acid was limited, restricting a significant increase in acetic acid prices.
Market Outlook: Acetic acid operating rates have increased significantly since the beginning of the month, and companies’ demand for shipments has also increased. However, downstream demand remains mainly driven by immediate needs, resulting in a moderate market trading atmosphere. Meanwhile, the impact of raw material prices on acetic acid is limited, and there is a lack of positive factors in the market. It is expected that acetic acid prices will fluctuate within a narrow range in July. Specific market supply and demand changes should be closely monitored.
Post time: Jul-02-2026