The price trend of acetic acid was stable this week. As of the 25th, the average market price of acetic acid was 2,350 yuan/ton, which was the same as the price of 2,350 yuan/ton on July 18, and a decrease of 5.62% compared with the beginning of the month. The domestic acetic acid market was weak and consolidated. The acetic acid equipment on the supply side was running stably, the market supply was sufficient, and the companies had a clear intention to ship. However, on the demand side, the downstream market was flat, the enthusiasm for entering the market was not high, and the inventory in some regions was accumulated. The industry sentiment was bearish, and the acetic acid quotation was lowered. The game of supply and demand in the market was mainly weak.
The upstream methanol market fluctuated upward. As of the 25th, the average price in the domestic market was 2,481 yuan/ton, up 4.11% from the price of 2,383 yuan/ton on July 18. Boosted by macroeconomic policies, the port methanol market trend was strong, which supported the spot market. In addition, the inventory in the production area was low, some equipment was being renovated, and there was still demand for external procurement of olefins, which led to an increase in the domestic methanol market price.
The downstream acetic anhydride market was weak and stable. The average ex-factory price of acetic anhydride on July 25 was 4092.50 yuan/ton, which was the same as the price of 4062.50 yuan/ton on July 18. The upstream acetic acid market was weak and the cost support of acetic anhydride was general. The downstream market purchased on demand. The market trading atmosphere was weak. The price of acetic anhydride was stable and wait-and-see during the cycle.
As for the future market forecast, the domestic acetic acid production capacity utilization rate will remain high, enterprises will face great pressure to ship goods, the downstream market conditions will be general, the market transactions will be flat, and the on-site situation will be one of oversupply. It is expected that the short-term acetic acid market will continue to be weak, and attention will be paid to the downstream follow-up in the future market.
Post time: Jul-28-2025