According to the Commodity Market Analysis System of the Business Society, the average market price of acetic acid on November 19th was 3150 yuan/ton, which was the same as the price of 3150 yuan/ton on November 13th, and decreased by 11.89% compared to the previous month.

During the week, the acetic acid market remained stable on the sidelines, with average downstream demand. Purchasing in the market followed up on demand, resulting in a weak trading atmosphere. Acetic acid companies maintained rational inventory and actively shipped, resulting in low overall sales pressure and a strong market price. As of November 17th, the market prices of acetic acid in various regions during the month were as follows:

Region/ November 13th/ November 17th/ Up and down

South China region/ 3125 yuan/ton/ 3125 yuan/ton/ 0

North China region/ 3075 yuan/ton/ 3075 yuan/ton/ 0

Shandong region/ 3050 yuan/ton/ 3050 yuan/ton/ 0

Jiangsu region/ 3050 yuan/ton/ 2975 yuan/ton/ -75

Zhejiang region/ 3150 yuan/ton/ 3075 yuan/ton/ -75

The upstream raw material methanol market first rose and then fell. As of November 19, the average price in the domestic market was 2490.00 yuan/ton, an overall increase of 1.19% compared to the price of 2460.83 yuan/ton on November 13. The coal price has rebounded from a decline, and the macro economy is improving, providing some support for methanol prices. Enterprises and holders have strong quotations, but downstream delivery willingness is average, delivery prices are weak, cost transmission is limited, and the methanol market is fluctuating and consolidating.

The downstream acetic anhydride market is operating weakly. As of November 19, the factory price of acetic anhydride was 5762.50 yuan/ton, an increase of 0.66% compared to the price of 5725.00 yuan/ton on November 13. The upstream acetic acid prices are mainly high, while the cost support for acetic anhydride still exists. The acetic anhydride market is under construction, with a decrease in spot supply and an increase in upward momentum. The prices of acetic anhydride manufacturers have increased.

In the future market forecast, acetic acid analysts from Business Society believe that the overall utilization rate of acetic acid production capacity is relatively high, the market supply is sufficient, the downstream market is weak, the purchasing enthusiasm is average, the trading atmosphere is light, and buyers are mainly bearish. From the perspective of manufacturers, there is currently no pressure on inventory and they maintain a positive shipping attitude. Many factories have a high price mentality, and the market supply and demand are in a game. There is a lack of effective benefits in the future market, and it is expected that acetic acid will remain stagnant and sorted out in the short term, Pay specific attention to downstream replenishment in the future.