Glacial acetic acid
This week, the supply of glacial acetic acid is relatively sufficient, and downstream users mainly receive goods according to their rigid needs. The spot market or atmosphere is flat, and manufacturers are still facing certain cost pressures. It is expected that the glacial acetic acid market will be mainly organized this week. Lunan Chemical’s glacial acetic acid plant was shut down for maintenance on October 29, and the restart time is to be determined.
Citric acid
The citric acid market has been weak and consolidated recently. The foreign trade market has gradually entered the regular peak season, which has a certain supporting effect on the industry, and the industry inventory is digested quickly. The industry started to maintain at a more rational level. The price of raw material corn rose slightly, and the production cost provided a certain bottom support for the price of citric acid. Taking into account the supply and demand situation and the mentality of upstream and downstream, it is expected that the purchase and sales of citric acid market will improve this week, and the price will be mainly adjusted.
Ethyl acetate
The ethyl acetate market fluctuated in a narrow range last week. The main factories in Shandong have suspended shipments, and the spot supply in the market has decreased. It is expected that the price may increase in a narrow range.
Butyl acetate
On October 28, the butyl acetate market was mainly consolidated. Driven by the improvement of the n-butanol market during the weekend, the butyl acetate market is expected to run warmer.
Soda ash
Last week, the domestic soda ash market did not change much, and the market trading atmosphere was mild. Recently, the operating load of soda ash manufacturers has remained at a high level, and the supply of goods is sufficient. Most soda ash manufacturers have sufficient orders. At present, most of the pre-orders are executed, and the inventory of soda ash manufacturers remains at a low level. The prices of soda ash manufacturers in Shandong have been raised, and the prices of light soda ash in other regions have not changed much. Downstream demand is weak, and end users are not very motivated to buy goods, so they should be more cautious and watch the market. In the short term, the domestic soda ash market may be mainly sorted in a narrow range.
Caustic soda
Last week, the overall shipment situation of the caustic soda market was flexible, market participants were cautious, and the logistics and transportation conditions of the Northwest factories were average. The enthusiasm for receiving goods downstream is tepid, the social inventory is still not much, and the price of short-term caustic soda is still running at a high level.
Dimethyl carbonate
Last week, the domestic industrial grade dimethyl carbonate market fell weakly. At present, the demand for some terminals has turned weak, and the downstream maintains just-needed procurement, and the pressure on the supply side still exists. It is expected that the price of the domestic DMC market will advance at a low level today.
Maleic anhydride
This week, the excess pressure of maleic anhydride may continue to increase, exerting further downward pressure on market prices. On the supply side, the pre-maintenance, about 120,000 tons of equipment has a start-up plan, and the output of maleic anhydride will stop falling and rebound, gradually turning from slightly tight to loose;
On the demand side, the terminal demand is expected to be weak, and the downstream resin companies are under pressure to sign new orders. The overall start-up load or inventory may decline, and the ability to receive maleic anhydride may continue to weaken. In the short term, it is difficult to reduce the resistance of maleic anhydride transactions in various places, and sellers have further motivation to exchange profits for volume.
Post time: Oct-31-2022