The domestic acetic acid market is operating on a wait-and-see basis, and there is currently no pressure on enterprise inventory. The main focus is on active shipments, while downstream demand is average. The market trading atmosphere is still good, and the industry has a wait-and-see mentality. Supply and demand are relatively balanced, and the price trend of acetic acid is weak and stable.
As of May 30th, the average price of acetic acid in East China was 3250.00 yuan/ton, a decrease of 1.02% compared to the price of 3283.33 yuan/ton on May 22nd, and an increase of 0.52% compared to the beginning of the month. As of May 30, the market prices of acetic acid in various regions in the week were as follows:

The upstream raw material methanol market is operating in a volatile manner. As of May 30th, the average price in the domestic market was 2175.00 yuan/ton, a decrease of 0.72% compared to the price of 2190.83 yuan/ton on May 22nd. Futures prices fell, raw coal market continued to be depressed, market confidence was insufficient, downstream demand was weak for a long time, social inventory in the methanol market continued to accumulate, coupled with the continuous influx of imported goods, the methanol spot market price range fluctuated.
The downstream acetic anhydride market is weak and declining. As of May 30, the factory price of acetic anhydride was 5387.50 yuan/ton, a decrease of 1.69% compared to the price of 5480.00 yuan/ton on May 22. The upstream acetic acid price is relatively low, and the cost support for acetic anhydride is weak. Downstream procurement of acetic anhydride follows up on demand, and market negotiations operate, resulting in a decrease in the price of acetic anhydride.
In the future market forecast, acetic acid analysts from Business Society believe that the supply of acetic acid in the market remains rational, with enterprises actively shipping and low downstream production capacity utilization. Purchasing in the market follows up on demand, and the market trading atmosphere is acceptable. The operators have a wait-and-see mentality, and it is expected that the acetic acid market will operate within a certain range in the future. Specific attention will be paid to downstream follow-up.