Glacial acetic acid
Today, there is no inventory pressure on acetic acid production companies, while some users are mainly waiting and watching, and their enthusiasm for purchasing spot goods has declined. It is expected that the acetic acid market will remain in a stalemate today, and some areas may experience negative prices.
Chloroform(Trichloromethane)
Chloroform prices continue to rise. As of September 18, the price of chloroform bulk water in Shandong increased by 4.08% compared with last week. The price of raw material methanol increased, and the price of liquid chlorine first rose and then fell, and the cost of chloroform was generally supported; the overall inventory of chloroform enterprises was low, and the supply of goods in the closure market of a certain factory in the region was tight. Although the downstream operation was low, it was currently in a period of economic growth. During the pre-stocking period, companies are more willing to raise prices and increase ex-factory prices.
Isopropyl alcohol
The market price of isopropyl alcohol has increased recently. The market prices of raw materials acetone and propylene have risen one after another, and the raw materials have strong support. Internationally, the foreign trade orders of isopropyl alcohol are good, and isopropyl alcohol factories mainly issue foreign trade orders. Domestically, there is less supply on the market and prices are rising. Downstream, please wait and see, operate cautiously, and focus on demand. It is expected that the isopropyl alcohol market will continue to operate strongly in the short term.
Formic acid
Recently, the domestic industrial grade 85% formic acid market has been operating weakly. Recently, the price of raw material sulfuric acid has been running smoothly, and the raw material methanol market has fluctuated and consolidated. The cost support is average, the supply side has sufficient supply, and the downstream inquiry and purchasing atmosphere is weak. It is necessary to wait and see and follow up. The inventories of some enterprises are under pressure, and the formic acid market has a downward trend in transaction focus. At present, the cost support is limited and the supply side is sufficient. The downstream is in urgent need of procurement, and the holders are mainly active in shipping. It is expected that the domestic industrial grade 85% formic acid market may operate weakly and stably in the short term. More attention needs to be paid to the downstream pre-holiday stocking needs.
Post time: Sep-20-2023