Analysis of glacial acetic acid and acetate, soda ash and flake caustic soda industry
Glacial acetic acid
Yesterday, the glacial acetic acid market was mostly stable, and most factories executed long-term contracts, while traders and downstream companies mostly waited and watched. Longzhong Information predicts that the price of glacial acetic acid may be stable in the short term.
Ethyl acetate
Yesterday, mainstream factories in Shandong bid for a wide premium. The current market is in a weak balance between supply and demand, and mentality has a clear dominance in the market. Based on the release of new production capacity on the supply side, some downstream companies are not in a good mood to chase the rise, and they mostly choose to follow up with just-needed buying orders. The demand side will continue to suppress factory operations. Longzhong predicts that the market price of ethyl acetate will be relatively strong today.
Butyl acetate
Yesterday, the local low price of butyl acetate market rose slightly. The current market supply and demand contradictions are still significant, and factory shipments have been unsmooth. At the same time, Qianxin Jingmen's unit has been put into production. The supply side affects the mentality of downstream receiving goods, and the terminal consumption rate is slow, and entry into the market is not active for the time being. Longzhong predicts that the market price of butyl acetate may be weak in the short term.
soda ash
Yesterday, the domestic soda ash market trend was weak, the price was hovering at the bottom, the downstream demand was general, the overall performance was weak, the purchasing enthusiasm was not high, and it was mainly based on demand. Enterprises received new orders slowly, and there was price competition. It is expected that the short-term trend will fluctuate.
Flake caustic soda
Yesterday, the domestic flake caustic soda market continued to maintain the previous trend. The market trading atmosphere was relatively active. The enthusiasm of traders to enter the market was still relatively high, but it was difficult for the actual transaction price in the market to rise. It is expected that today, the sharp decline in the purchase price of liquid caustic soda by alumina enterprises in Shanxi and Henan regions will still need further attention for the impact on the flake caustic soda market. Today, the market will still maintain yesterday's trend.