Acetic acid and acetate, caustic soda flakes and soda ash yesterday’s market

Glacial acetic acid
Yesterday, the glacial acetic acid market fell in some areas, the factory delivery price fell, and the overall market trading atmosphere was general. It is expected that in the short term, the price of glacial acetic acid may fall in some areas.

Ethyl acetate
Yesterday, the market price of ethyl acetate was still stable. The factory prioritized volume under the demand for delivery. There were some orders from the downstream at a certain stage, but the purchase volume was not ideal. The supply and demand were balanced in a short time, and the price of raw material acetic acid may weaken in the later period. The mentality was suppressed to a certain extent, and the market price adjustment motivation was also insufficient. It is expected that the market price of ethyl acetate will be stable but weak in recent days.

Butyl acetate
Yesterday, the market price of butyl acetate continued to fall. The price of raw material n-butanol weakened widely, and the cost side continued to affect the mentality of downstream market entry. Purchases mostly maintained the execution of rigid demand consumption orders, and the factory delivery demand still existed. It is expected that the market price of butyl acetate may still fall in recent days.

Caustic soda flakes
Yesterday, the domestic caustic soda flakes market continued to maintain the previous trend. Merchants had certain confidence in the future market price increase, but the actual transaction price in the market did not fluctuate significantly. It is expected that today, the domestic caustic soda flake market will continue to maintain the previous trend. Next week, some caustic soda flake units in Inner Mongolia will enter maintenance, which will boost the market price to a certain extent. Recently, we will focus on the purchase and negotiation of liquid caustic soda by alumina enterprises in July.

Soda ash
Yesterday, the domestic soda ash market price continued to be low, and the transaction center of gravity moved down. The operation of the caustic soda plant equipment was relatively stable, the supply side hovered at a high level, the company’s new orders were not received well, and the inventory continued to accumulate. Some companies had maintenance expectations around the end of the month. Downstream demand was mediocre, procurement was cautious, and most transactions were made at low prices.


Post time: Jun-28-2024