Glacial acetic acid, Citric acid, Dimethyl carbonate market conditions

Glacial acetic acid:

The supply side has limited support for the market, and the cost is the main upward driving force at present. The demand fluctuation is not yet obvious. The rigid demand supply side has limited support for the market.

It is expected that the market price of glacial acetic acid will rise steadily today, and the goods will be received in general.

Citric Acid, Sodium Citrate:

The market price of citric acid is running smoothly. Upstream companies have received more orders in the foreign trade market recently, and the industry inventory is digested quickly, and the upstream has a certain intention to stop falling. The industry started to maintain a reasonable level, and the industry supply pressure eased. The downstream wait-and-see mentality has weakened, and there is an intention to build positions one after another. Taking into account the supply and demand situation and the mentality of upstream and downstream, it is expected that the short-term citric acid market will be weak and stable, the purchase and sales will improve, or it may rise slightly.

Weifang Yingxuan Industry’s citric acid monohydrate, anhydrous citric acid, and sodium citrate manufacturers are producing normally, with relatively abundant supply and strong enthusiasm for shipments

The price of lemon biochemical citric acid is stable, the factory is operating normally, and the mentality is stable.

Jiangsu Guoxin Xielian’s citric acid monohydrate, anhydrous citric acid, and sodium citrate manufacturers are operating normally.

Dimethyl carbonate:

The domestic industrial grade dimethyl carbonate market is on the strong side. At present, the supply and demand in the market are facing each other, and the downstream demand is stable. It is expected that the domestic DMC market price will be mainly sorted out today.

Haike Xinyuan dimethyl carbonate currently has a dimethyl carbonate plant with a production capacity of 60,000 tons/year in normal operation, and the transaction is negotiated.

Wells Chemical (55,000 tons/year) dimethyl carbonate plant is running stably. At present, the manufacturer’s quotation for dimethyl carbonate is based on actual negotiation.


Post time: Oct-10-2022