Formic acid, acetic acid, isopropyl alcohol, methylene chloride post-holiday market

Glacial acetic acid
The mainstream intended transaction price of acetic acid in the Beijing-Tianjin-Hebei market is 3,000-3,150 yuan/ton. The buying and selling atmosphere has not been significantly improved, spot trading is mediocre, some factory quotations are still lowered, and the market is weak.

Formic acid
The formic acid market price is mainly stable after the holidays, and individual companies can flexibly adjust their quotations according to their own conditions. After the holiday, the upstream sulfuric acid market price is stable, the upstream methanol (2508, 17.00, 0.68%) market is consolidating within a narrow range, the cost support is acceptable, the downstream demand is gradually recovering, inquiries and purchases are mainly followed up, and the market transactions are orderly.
At present, the impact on costs is not significant, market transactions are mainly based on demand, and cargo holders are actively shipping. It is expected that the domestic industrial grade 85% formic acid market may be stable in the short term.

Isopropyl alcohol
The market price of isopropyl alcohol increased by 4.53% from the beginning of this month. Recently, the price of raw material acetone has risen, and the raw material support is strong. Internationally, the foreign trade orders of isopropyl alcohol are good, and isopropyl alcohol factories mainly issue foreign trade orders. Domestically, market confidence is good, and the isopropyl alcohol market has increased market prices following the raw materials after the holidays. The isopropyl alcohol market is expected to be strong in the short term.

Dichloromethane
The price of raw material methanol fluctuates within a narrow range, the price of liquid chlorine runs at a low level, and the cost support of methylene chloride is weak.
During the holidays, merchants replenished their inventories, resulting in low inventory and no pressure on methylene chloride manufacturers. However, there was no significant increase in downstream construction after the holiday. End customers’ demand for goods was not active, and support for methylene chloride gradually weakened.
Although the current inventory of enterprises is low, the terminal demand is weak, and merchants are willing to continue to replenish their stocks after replenishing their stocks during the holidays. On the whole, it is expected that the methylene chloride market will mainly consolidate after the market rises.


Post time: Feb-23-2024