Market situation of glacial acetic acid, ethyl acetate, butyl acetate, soda ash and caustic soda flakes
Glacial acetic acid
Yesterday, the glacial acetic acid market was running higher in some areas, with factories pushing up prices and the market moving in sync. We will pay attention to changes in various regions. It is expected that the glacial acetic acid market may continue to consolidate steadily in the short term.
Ethyl acetate
Yesterday, local transactions in the ethyl acetate market continued to be strong. Restrictions on picking up goods at individual factories have supported the increase in transactions at surrounding factories. Although the inventories of each company are in the process of destocking, the factories still have the need to clear inventory, and downstream demand has not increased significantly. The overall market attitude towards price adjustment is cautious. It is expected that the market price of ethyl acetate will fluctuate strongly today.
Butyl acetate
The market price of butyl acetate remained stable yesterday. There is no strong boost from the news for the time being. The market resistance to high prices of raw material n-butanol has reappeared. The favorable support from the cost side is digested. Downstream companies mostly choose to purchase on demand, and the atmosphere for new order negotiations is slightly average. It is expected that the market price of butyl acetate will remain stable with slight fluctuations today.
Soda ash
Yesterday, the domestic soda ash market trend was weak and stable, and prices fell. The device is operating normally and Heyou expects to stop it today. Downstream demand slowed down, pre-holiday inventory reduction, and transaction volume shrank. Enterprises are waiting for support, and production and sales are basically maintained.
Caustic soda flakes
Yesterday, the domestic caustic soda flake market continued to maintain its previous trend. Traders were still relatively active in entering the market, and manufacturers were still bullish on the market outlook. It is expected that traders' enthusiasm for shipment will weaken as the weekend approaches, but the actual transaction price in the market is still slightly higher than the manufacturer's quotation. Judging from the current market trading and manufacturer's pre-sale situation, the price of new orders from domestic caustic soda flake manufacturers may still rise next week.