Glacial acetic acid, ethyl acetate, caustic soda, isopropyl alcohol and glycerin market conditions

Glacial acetic acid
Yesterday, the price of glacial acetic acid factory was reduced, and the market fell simultaneously. At present, the capacity utilization rate of the device is gradually recovering. Pay attention to the factory inventory situation before the holiday. It is expected that glacial acetic acid factory prices may continue to decline in the short term.

Ethyl acetate
Yesterday, the trading volume of ethyl acetate market was still flat. Downstream players are cautious about the market outlook, and some terminals consume slowly, pre-holiday purchasing intensity is less than market expectations, and the raw material acetic acid is in a downward channel, which affects market buying to a certain extent. It is expected that the market price of ethyl acetate may weaken today.

Caustic soda
Yesterday, the domestic caustic soda market continued to maintain a good trend, and most traders were highly motivated to enter the market. It is expected that today, the market transaction price will still be slightly higher than the manufacturer’s quotation, and the enthusiasm for purchasing some terminals is still high. With the inventory pressure of manufacturers reduced, the market outlook will be more bullish, focusing on the transactions of major traders and the procurement of non-aluminum terminals.

Isopropyl alcohol
Yesterday, the isopropyl alcohol market in Jiangsu region focused upward. The rise in raw material prices has boosted market confidence in isopropyl alcohol, with active trading on the market and more downstream inquiries. It is expected that the isopropyl alcohol market will consolidate and run on the strong side in the short term.

Glycerin
The domestic glycerin market is operating smoothly. The market price of raw material palm oil has declined. The downstream epichlorohydrin market is still sluggish, and there is no good news for on-demand procurement. The domestic glycerol market demand is weak, and downstream purchases are in urgent need. In addition, imported glycerin has a strong willingness to raise prices, which is supported by high costs. It is expected that the glycerol market price will be mainly stable in the near future.


Post time: Apr-25-2024