According to the Commodity Market Analysis System of the Business Society, the price trend of acetic acid in July first rose and then fell. At the beginning of the month, the average price of acetic acid was 2883.33 yuan/ton, and at the end of the month, the price was 3100.00 yuan/ton. The overall increase during the month was 7.51%, and the price decreased by 11.74% year-on-year.

During the month, the acetic acid market was initially strong and then weak, with prices continuing to rise in the first half of the month. Affected by the maintenance and production reduction of acetic acid plants, market supply decreased, and manufacturers had no pressure on inventory. The quotation for acetic acid continued to rise; In the latter half of the year, the maintenance equipment resumed, and the supply of goods increased. At the same time, the downstream main equipment was shut down, resulting in low capacity utilization, resulting in insufficient downstream demand. Acetic acid companies were unable to ship smoothly, and the business owners were pessimistic. In order to promote the downward shift of the focus of shipping acetic acid transactions, due to the large increase in the early stage, the overall price at the end of the month increased compared to the beginning of the month.

The raw material methanol market fluctuated and rose, with an average domestic market price of 2281.67 yuan/ton at the end of the month, an overall increase of 4.66% compared to the price of 2180.00 yuan/ton on July 1st. The price of raw coal fluctuates and rises, with positive cost support; The recovery of excess methanol units on the supply side has reduced production, resulting in an increase in capacity utilization, which has a negative impact; On the demand side, the increase in demand due to negative downstream devices has a positive impact on methanol. In a multi-party game, methanol prices fluctuate and operate.

The downstream acetic anhydride market improved in July, with a price of 5087.50 yuan/ton at the end of the month, an increase of 1.75% compared to the price of 5000.00 yuan/ton at the beginning of the month. The price of raw material acetic acid has increased, and the cost support for acetic anhydride is positive. Some acetic anhydride enterprises have shut down or reduced production within the month, resulting in a decrease in market supply and an increase in acetic anhydride prices. In the latter half of the month, on-site acetic anhydride enterprises have resumed operations, but downstream demand has not followed up enough. In order to promote the reduction of shipping prices, the acetic anhydride market has been weakened and lowered.

Analysts from the Business Society believe that the operation of acetic acid enterprises is stable, with sufficient market supply, low demand side capacity utilization, slow shipment of acetic acid manufacturers, weak downstream support, and a lack of effective market benefits. In the event of oversupply, it is expected that the acetic acid market will operate weakly in the future, with specific attention paid to changes in supplier equipment.