According to the commodity market analysis system of Business Society, as of January 28, the average market price of acetic acid was 2,873.33 yuan per ton, a decrease of 30 yuan per ton or 1.03% compared to the price of 2,903.33 yuan per ton on January 21. Recently (January 21-28), domestic acetic acid prices have been consolidating and declining. On the supply side, the capacity utilization rate of acetic acid has slightly increased, leading to a rise in market supply, with strong sales intentions in some regions. On the demand side, downstream purchases are primarily based on immediate needs, resulting in a decline in market trading activity. Enterprise inventories have risen, and acetic acid quotations have slightly softened, leading to a weak downward adjustment in the acetic acid market during the week.

Recently, the price of raw material methanol has been fluctuating upward. As of January 28, the average domestic market price was 2,288 yuan per ton, an increase of 3.16% compared to the price of 2,218 yuan per ton on January 21. The methanol market at ports is expected to see a reduction in imports, with a stronger price trend, providing some support to spot prices. In some domestic methanol markets, trading activity has been moderate, with a relatively balanced supply and demand, leading to a strong upward trend in the methanol market. However, the impact of cost factors on acetic acid remains limited.

The downstream acetic anhydride market has been operating weakly. From January 21 to 28, the average ex-factory price of acetic anhydride decreased from 4,622.50 yuan per ton to 4,590.00 yuan per ton, a decline of 0.70%. On the supply side, the operating rate of acetic anhydride has remained largely unchanged. The decline in upstream acetic acid prices has weakened cost support, while downstream demand is limited. With fewer favorable factors in the market, enterprises have adopted a bearish outlook, leading to a weak downward adjustment in acetic anhydride prices during the period.

Looking ahead, the acetic acid analyst at Business Society predicts that domestic acetic acid plant operating rates will remain at medium to high levels, with manageable inventory pressure for enterprises. The recovery of maintenance facilities in the market is slow, providing some support to market sentiment. However, downstream market conditions are weakening, and demand has decreased. It is expected that acetic acid prices will fluctuate and consolidate in the near term. Future market developments will depend on supply conditions.