**1. Previous Closing Prices in the Mainstream Market**
In the previous trading day, the acetic acid market price edged up with a stable tone. The industry operating rate remained fairly high, and supply was steady, but expectations of reduced supply in the later period supported manufacturers’ sentiment, leading to firming offers with modest increases and a reduction in low-price quotes from intermediaries. However, downstream demand has not shown substantial growth, and buyers continued to purchase on a need-to-know basis, keeping an eye on the fulfillment of acetic acid turnaround plans.
**2. Key Factors Affecting Current Market Price Changes**
- **Demand:** Rigid-demand transactions are expected to remain fairly normal, but whether the atmosphere for spot negotiation can be boosted remains to be seen.
- **Supply:** The industry operating rate is at a moderately high level, though two companies in Northwest China are scheduled for maintenance turnarounds next week. (In the previous trading day, units at Hebei Jiantao, Nanjing Celanese, Henan Shunda, Zhejiang Petrochemical, Jiangsu SOPO, and Shanghai Huayi were running below capacity; Nanjing INEOS and Xinjiang Zhonghe Hezhong units were shut down; other units operated steadily.)
- **Inventory:** Most acetic acid producers held low inventories and faced no pressure.
**3. Trend Forecast**
Acetic acid supply is adequate, and overall operating rates are normal. However, some units are scheduled for maintenance in the near term, which provides some support to manufacturers’ sentiment. Downstream buyers continue to procure on rigid demand, while the spot negotiation atmosphere is somewhat lackluster. The acetic acid market is expected to remain largely stable today. In today’s market survey, 20% of participants expect prices to rise by about RMB 20/ton, while 80% expect prices to remain stable.
Post time: Jul-03-2026