Weekly trend of the domestic acetic acid market　

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Last week, the ex-factory price of acetic acid rose slightly. The 600,000-ton production facility in Jiangsu Supor is not operating at full capacity; manufacturers are able to sell their products smoothly with low inventory levels. The current price is around 3,100–3,200 yuan per ton, an increase of 100 yuan per ton compared to a week ago, although the actual transaction prices remain low. The 300,000-ton/year acetic acid plant in Wujing, Shanghai is operating normally, with decent sales performance. The ex-plant price is 2,900–3,000 yuan per ton, remaining unchanged from a week ago, though the actual transaction prices are slightly lower. The 300,000-ton old acetic acid production facility of Shandong Yankuang is operating smoothly; sales by the manufacturer are normal. The price for the main product range from 3,050 to 3,100 yuan per ton, remaining unchanged from a week ago ； The 200,000-ton acetic acid production facility at Daqing Oil Chemical is operating normally; the products are mainly sold locally, with the prevailing price ranging from 2,950 to 3,000 yuan per ton, an increase of 50 yuan per ton compared to a week ago. The acetic acid production plant of Shijiazhuang Xinyu Sanyang is operating at 50% capacity, mainly producing edible acetic acid, which is sold in the surrounding area at a price of 5,800 yuan per ton. The load on Jilin Petrochemical’s acetic acid production unit is around 30%. The local ex-plant price is 3,300 yuan per ton, remaining unchanged from a week ago. Sales volume is limited, with supplies mainly going to contract customers. The acetic acid production unit at Yutianhua in Shaanxi is operating at around 80% of its capacity; there is little inventory available. Export sales are limited, and the price for delivery to nearby areas remains at 3100–3300 yuan per ton, unchanged from a week ago. The acetic acid market saw slight fluctuations this week; the market in East China remained stable with only minor price changes. Due to slightly tight available stock from acetic acid manufacturers and low inventory levels in the market, coupled with low purchasing volume by buyers, the trading atmosphere remains rather sluggish. Traders are shipping goods at normal levels, with little change in quotes. Currently, the mainstream price in the East China market is 2,850–3,000 yuan per ton, with premium grades being 50 yuan per ton higher than a week ago. In the Jiangsu region, the mainstream price is 2,850–2,900 yuan per ton, while in the Ningbo region it is 2,905–3,000 yuan per ton. In the Shandong acetic acid market, the mainstream delivery price is 2,900–3,000 yuan per ton, while the premium grade is 50 yuan per ton higher than it was a week ago. The acetic acid market in South China is showing stable trends, with prices remaining steady; the prevailing price range is 2,900–2,950 yuan per ton, unchanged from a week ago. Production at downstream factories is not high, market demand is relatively weak, and with shipments arriving at ports in the future, the trading atmosphere is not active. However, due to the low level of existing inventory in the market, traders are adopting a wait-and-see attitude, resulting in slow shipments. The acetic acid market in North China remains stable, with slight price fluctuations. Overall production at downstream factories is moderate; market demand is growing slowly, end-users show little interest in making purchases, and spot supply is tight. Traders remain calm; shipments are proceeding as usual, and prices have stayed stable. The prevailing price range is 2,950–3,050 yuan per ton (the higher end price includes delivery costs), remaining unchanged from a week ago. Regarding the future market: The domestic acetic acid market is relatively stable. The tight supply side effectively boosted market sentiment, but downstream demand remained somewhat weak, resulting in a lack of activity in market transactions. Given that some large-scale acetic acid plants are still shut down, the supply of new products in the market is relatively limited. At the same time, overseas market conditions also provide some support for market prices; as a result, the market is expected to remain stable in the near term.