Acetic acid Q4-2026 price outlook (China FOB)

China FOB acetic acid (CAS 64-19-7) baseline + 30-day forward, validated against three Yangtze-delta exporter quotes and the latest Sinopec turnaround calendar.

TL;DR

China FOB acetic acid is trading USD 365–410/t in early Q4 2026, +6% quarter-on-quarter as Yangzi turnarounds tighten supply. We expect the baseline to rebase to USD 380–425/t by mid-Q4 once two of the three planned BP / Sinopec maintenance windows close.

What moved the baseline

  • Sinopec Yangzi 600 kt/yr unit — turnaround 14 Sep – 02 Nov 2026
  • BP Nanjing 1.0 Mt/yr unit — turnaround 22 Oct – 18 Nov 2026
  • Methanol feedstock CFR China up 8% Q3 → Q4 (winter heating draw)
  • VAM downstream demand resilient (paint + adhesive seasonality)

Recommended buyer action

  1. Lock 2026-Q4 tonnage now if your forward cover is < 6 weeks — spot offers will widen as Nov/Dec maintenance hits.
  2. Hedge methanol exposure with a 60-day forward; methanol is the #1 driver of acetic acid CFR.
  3. Audit your supplier's RFCC slate — three of the Yangzi exporters source from the same fluid catalytic cracker; a single outage can suspend 35% of merchant supply.

Methodology

Quotes solicited 12-25 May 2026 from three exporters (>50 kt/yr each) for 200 t FOB Shanghai. Forward curve uses methanol-CFR + naphtha-CFR regression with 18-month rolling fit (R² 0.81).

Frequently asked

Is the Q4 2026 outlook bullish or bearish for acetic acid?

Mildly bullish — we expect FOB to rebase ~5% higher (USD 380–425/t) by mid-Q4 once Yangzi turnarounds peak in late October.

Why is methanol so important to the acetic acid baseline?

About 60% of merchant Chinese acetic acid is made from methanol via the Cativa/Monsanto carbonylation route, so methanol CFR moves the floor price more than any other input.

Can I source from a non-Yangzi region to avoid the turnaround dip?

Shandong and Inner Mongolia capacity exists but with a 6-8 USD/t freight premium to Shanghai port. We can quote on FOB-Qingdao if logistics matter more than headline price.

What's the typical FCL minimum for acetic acid orders?

20 t in 200-kg HDPE drums (one 20' container) or 22 t bulk in an ISO tank. Below 20 t we route via groupage with 5-7 day extra lead time.