Glacial acetic acid
Looking at today, there is no clear fluctuation news on the supply and demand side, and the overall balance is relatively balanced. The production companies are supported by the cost side and are willing to raise prices. The buying and selling atmosphere is relatively general. It is expected that the market trend of glacial acetic acid will stabilize today.
In the short term, the market is intertwined with long and short, and while the cost is negative, it may usher in an improvement in demand. On the one hand, there is still downward pressure on upstream costs, which will bring negative effects to the downstream acetic acid industry chain. But at present, the operating rate of enterprises is generally low, and social inventory is not high. In the later period, with the continuous improvement of terminal demand, there is a high probability that the prices of downstream ethyl esters, butyl esters and other products will rise moderately.
Soda ash
The domestic soda ash market was stable yesterday, and the market trading atmosphere was tepid. The operating load rate of soda ash manufacturers remained at a high level, and there were not many manufacturers for maintenance and reduction. The inventory of soda ash manufacturers is small, the supply of heavy ash is tight, and the downstream demand for light ash is weak. Some manufacturers mainly receive orders and deliver goods flexibly. End-users are not very enthusiastic about purchasing goods, and traders are more cautious and wait and see the market. It may be difficult to have major changes in the domestic soda ash market in the short term.
Propylene glycol
Yesterday, the domestic propylene glycol market rose in a range, and the supply-side market was running smoothly. Individual pre-orders were delivered, and the overall inventory was controllable and temporarily unpressurized. Raw materials are stable and relatively strong, and the support of the cost side is stronger. Propylene glycol passively follows the rise, waiting for further follow-up of demand.
In the short-term today, it is expected that the domestic propylene glycol market range will be relatively strong, and we will continue to pay attention to the follow-up situation on the demand side.
Post time: Mar-07-2023