Glacial acetic acid, butyl acetate, isopropyl alcohol, and propylene glycol market conditions

Glacial acetic acid
Although many acetic acid companies have no inventory pressure and still intend to stabilize prices, the rigid demand has decreased, some users have gone on vacation in advance, and the atmosphere of spot negotiations is also weakening. It is expected that acetic acid will run stably to weakly today.、

Butyl acetate
The market price of butyl acetate continues to be stable. The market for raw material acetic acid has generally remained stable, with some n-butanol transaction prices rising. Although the cost has provided certain support to the market, it is difficult to drive the overall price trend. Downstream consumption weakened significantly. It is expected that the market price of butyl acetate will be stable and within a narrow range today.

Isopropyl alcohol
The market price of isopropyl alcohol increased in January. In the first ten days of the month, the market price of acetone rose rapidly, confidence in isopropyl alcohol increased, the market improved, corporate inquiries increased, and manufacturers’ quotations were relatively strong and upward. In the middle of the year, market trading slowed down and isopropyl alcohol prices temporarily stabilized. In the second half of the year, the isopropyl alcohol market trend was strong and upward, and downstream companies were restocking at the end of the year and were just in need of orders.
As the end of the year approaches, downstream and traders have increased their replenishment at the end of the year, and the market trading situation is good. It is expected that the isopropyl alcohol market will stabilize and operate in the short term near the end of the year.

Propylene glycol
The domestic propylene glycol market in Shandong is mainly operating smoothly. Propylene glycol on-site supply-side shipments are average, and downstream demand is mostly for urgent stocking. Specific orders require actual order negotiation, and transactions are the main focus.

 


Post time: Jan-31-2024