Market Analysis of Glacial Acetic Acid and Acetates

Glacial Acetic Acid
Yesterday, the price of glacial acetic acid continued to decline in some areas, with varying pressure on factory shipments and weak downstream demand. Longzhong Information predicts that the price of glacial acetic acid may continue to decline in some areas in the short term.

Ethyl Acetate
Yesterday, the price of ethyl acetate remained stable with some local declines. Currently, the market supply and demand are weak, with ample spot supply, but downstream purchasing activity is poor, and actual demand is slow to be consumed. Meanwhile, the recent weakness in the prices of raw materials acetic acid and ethanol is affecting market sentiment. Longzhong predicts that the price of ethyl acetate will remain stable to slightly weak today.

Butyl Acetate
Yesterday, the price of butyl acetate continued to decline, with poor trading activity. Currently, the prices of raw materials acetic acid and n-butanol are weak, and market participants lack confidence in the future market. Short supply continues to put pressure on prices. In terms of demand, downstream factories are maintaining only essential restocking, and the wait-and-see attitude remains. Longzhong predicts that the trading focus of butyl acetate will continue to be weak today.

soda ash
Yesterday, the domestic soda ash market was stable, with prices relatively firm. The plant's operation fluctuated within a narrow range, with output hovering at a high level. Downstream demand was moderate, with most purchases made on an as-needed basis and in moderate quantities.

caustic soda flakes

Yesterday, the actual transaction price of caustic soda flakes from some domestic manufacturers continued to decline slightly, and the market remained relatively weak. Traders maintained a bearish sentiment towards the market outlook. It is expected that today, end-user purchasing will remain cautious, and traders will be more willing to sell off their stock, which will also contribute to the decline in transactions for some goods. The focus in the near term will be on the actual transaction situation in major regional markets.