Glacial acetic acid
The market price of glacial acetic acid continued to rise yesterday, and the market trading atmosphere was still good. Pay attention to the factory’s push for price increases. In the short term, the price of glacial acetic acid may rise.
Hualu Hengsheng Glacial Acetic Acid Dezhou’s price today is 3350 yuan/ton for acceptance and delivery, and Hubei Jingzhou’s price today is 3350 yuan/ton for delivery. Dezhou’s 600,000 tons/year acetic acid unit is operating normally, and Hubei Jingzhou’s 1 million tons/year unit is operating normally.
Yankuang Lunan Glacial Acetic Acid Price is 3350 yuan/ton for acceptance and delivery, and the 1.2 million tons/year glacial acetic acid unit is operating normally.
As of press time, the market price of glacial acetic acid in Shandong region is 3180-3300 yuan/ton for delivery, and Shandong Hualu is expected to be overhauled in early August. Acetic acid is expected to rise in the short term. Factory prices rise, the market follows, and downstream replenishes on demand.
Ethyl Acetate
Yesterday, the market price of ethyl acetate rose, and the market performance was still good. The pressure of inventory decline in some factories has eased, but the market sentiment of chasing up is still cautious. However, the continued rise in the price of raw material acetic acid will boost the market sentiment. Supported by multiple market factors, it is expected that the price of ethyl acetate will still rise today.
Butyl acetate
Yesterday, the market price of butyl acetate fell. At present, the trends of the two raw materials are different. Among them, the wide-range weakening of the raw material n-butanol affects the market sentiment. The downstream purchasing strength is not good, and there is a certain concern about the future market. There may be replenishment after the market becomes clear. Longzhong expects that the market of butyl acetate will continue to be weak today.
Flake caustic soda
Yesterday, the domestic flake caustic soda market continued to maintain a weak trend. The actual transaction price of most sources was slightly lower than the manufacturer’s quotation, and the turnover speed of traders was slow. It is expected that today, the market transaction atmosphere may further weaken as the weekend approaches, but the possibility of a decline in the market transaction price is small. Judging from the current market trading and manufacturer inventory, the manufacturer’s quotation is likely to remain stable next week.
Soda ash
Yesterday, the domestic soda ash market trend was weak and stable, the sentiment was not good, and the transaction slowed down. The equipment is running normally, the company’s shipments are OK, supported by previous orders, and the recent pressure is small, but the market sentiment after the new orders has affected the transactions, and the transactions are scattered. Downstream demand is tepid, mainly on demand.
Post time: Jul-12-2024