Market Analysis of Glacial Acetic Acid, Ethyl Acetate, Butyl Acetate, Soda Ash, and Caustic Soda Flakes on the 31st
Glacial Acetic Acid
Yesterday, the price of glacial acetic acid declined in some areas, with trading activity decreasing and downstream buyers purchasing at lower prices. 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. Current cost prices are unfavorable, lacking effective market support. Downstream users showed insufficient interest in inquiries, while holders focused on selling off inventory, resulting in low-price sales. Market participants were clearly observing the market. Longzhong predicts that the domestic ethyl acetate market price may fall today.
Butyl Acetate
Yesterday, the price of butyl acetate continued to decline. Current raw material prices for acetic acid and n-butanol are weak, providing limited support to the butyl acetate market. Substantial demand from downstream users is unlikely to improve, and companies may offer discounts to move inventory. Attention should be paid to downstream willingness to enter the market after prices fall to low levels. Longzhong predicts that the butyl acetate market price will continue its weak trend in the short term.
soda ash
Yesterday, the domestic soda ash market was weak, with prices fluctuating. Plant operations were stable, with no maintenance shutdowns and some increased loads. Downstream demand was moderate, with most purchases made on an as-needed basis. Towards the end of the month, companies were primarily accepting orders, and prices hovered at the bottom.
caustic soda flakes
Yesterday, the domestic caustic soda flake market remained weak, with traders holding a bearish outlook. End-user purchases were mainly based on immediate needs. It is expected that today, as the weekend approaches, market activity will further weaken, and actual transaction prices for some manufacturers' goods may see a slight decline. The focus in the near term will be on the procurement negotiations of major downstream liquid caustic soda suppliers.


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