Glacial acetic acid
Since the weekend, the price of glacial acetic acid factories has risen, and the market trading atmosphere is acceptable. At present, part of the lower reaches of northern China has been making inquiries and taking a small amount of goods. Many traders in the East China region have taken more goods. The main factories in East China have stopped, and the market supply has decreased, which slightly supports the market mentality. It is expected that the price of acetic acid may continue to rise slightly in the short term.
In this period, the stock of glacial acetic acid went down and the price went up. At present, acetic acid companies do not have too much sales pressure. In addition, some equipment maintenance has reduced the overall supply. With the May Day holiday approaching in China, attention should be paid to the actual stocking situation downstream.
Ethyl acetate
Today, the market price of ethyl acetate is stable and partially rising, and the transaction atmosphere is general. The main factories in Shandong are selling by bidding, the starting price is stable, and the transaction is light. At present, the price of raw material acetic acid continues to rise partially, and the cost side supports the bottom price for a long time. The enthusiasm of the downstream to enter the market is not good. However, the low prices in South China have risen, and the market sentiment has improved compared with the previous period. It is expected that the market price of ethyl acetate may maintain a range-bound operation tomorrow.
Butyl acetate
Today, the market price of butyl acetate is stable with partial individual adjustments, and the buying momentum is slightly average. The price of raw material acetic acid continued to rise partially, while the price of n-butanol was mainly stable, the cost side was relatively weak in supporting the market, and the downstream consumption was slow, the market price adjustment power was insufficient, and multi-dimensional stable shipments were the main focus. It is expected that the short-term market price of butyl acetate may be stable and slightly weak, so pay attention to the trend of raw materials.
Citric acid
Today, the market price of citric acid is weak and stable. Downstream demand in the domestic citric acid market is sluggish, downstream food and beverage processing plants are running low, citric acid shipments are slow, and the market buying and selling atmosphere is light. The market has entered the traditional off-season, the demand has weakened, and the contradiction between supply and demand of citric acid is obvious.
The demand for citric acid at home and abroad continues to be weak, and the market has a strong wait-and-see attitude. The citric acid market is more negative than positive. Considering supply, demand and cost factors, it is expected that the price of citric acid will remain weak in the short term. Wait and see the recovery of raw materials and downstream demand.
Post time: Apr-17-2023