Glacial acetic acid
Looking at today, the supply of glacial acetic acid is basically normal, and there is no clear guidance on the demand side. Downstream users may still be more active in negotiations. It is expected that the glacial acetic acid market will be weak today.
Soda ash
The domestic soda ash market weakened and declined, and the market trading atmosphere was light. It is reported that Henan Junhua’s soda ash plant will be reduced for maintenance. It is estimated that within 7 days, the Zhongyanhong Sifang soda ash plant will be shut down for maintenance today, and the Shuanghuan coal gasification equipment is still under maintenance. The futures market fluctuated weakly, the spot market transactions were sluggish, and the center of gravity of market transactions moved down.
Isopropanol
In the first quarter, China’s isopropanol spot market fluctuated upwards. In the second quarter, it is expected that the market for isopropanol will remain weak as a whole, and the possibility of a periodic increase cannot be ruled out. Favorable factors: With the loss of isopropanol for a long time, the supply of some devices has been reduced or the shutdown plan exists, and the supply has shrunk. It is expected that acetone will show a cautious and stable trend, and the possibility of a weak decline is not ruled out, but the support for the cost of isopropanol still exists. Negative factors: reduced demand for disinfectants and slow recovery of domestic demand.
Citric acid
In the first quarter, citric acid manufacturers had normal production and stable supply. The operating rate of the industry has always remained at a medium-to-high level.
Signed contracts in the citric acid foreign trade market decreased, and the export volume dropped sharply, which was also negative for the citric acid market. Traders are highly motivated to ship goods, and the quotations keep falling. However, the downstream demand continued to be weak, and the market was slow to deliver goods. The profit of upstream production enterprises is gradually decreasing, and the inventory is gradually accumulating. It is expected that in the second quarter, the factories may adjust their start-up according to the inventory situation.
Post time: Apr-06-2023