Market Forecast of Glacial Acetic Acid, Formic Acid, Dimethyl Carbonate and Caustic Soda

Glacial acetic acid
Looking at today, most manufacturers have no inventory pressure, the tight spot situation has not yet recovered, and the downstream cost pressure is obvious, and there is resistance to the price increase of acetic acid. It is expected that the acetic acid market will be mainly consolidated today.

The supply of glacial acetic acid in the North China market area is still tight, but users are also facing cost pressures, and there is no news of large volume of new orders.

Formic acid
Recently, the domestic industrial-grade 85% formic acid market has been running smoothly, the price of raw sulfuric acid has risen steadily, the market for raw material methanol has risen, and the cost support has been strengthened. The downstream pharmaceutical, rubber, leather, pesticide and other industries purchase goods according to the market demand. The overall market trading atmosphere is mild, and the holders ship goods as they go, and the price focus is mainly stable. It is expected that 85% of the domestic industrial-grade formic acid market may consolidate in a short period of time.

Formic acid

Dimethyl carbonate
The domestic dimethyl carbonate market as a whole showed a weak trend and went down. Recently, the operating rate of dimethyl carbonate plants in some parts of the country has increased, and the overall supply of dimethyl carbonate market has increased. There is a certain supply pressure on the supply side, and the overall performance of the downstream demand side is average. It is flat, and the demand support for dimethyl carbonate is limited. Under the situation of weak supply and demand, the domestic dimethyl carbonate market is generally weak and moving downwards, and some factories and suppliers have lowered the price of dimethyl carbonate within a narrow range.

Dimethyl carbonate

Caustic soda
The price of caustic soda in Hebei region is consolidating, and the market trading atmosphere is general. The downstream demand is mostly purchased on demand, and the wait-and-see is the main trend.
The supply of caustic soda has narrowed slightly, and the inventory has declined. In terms of downstream alumina, it has recovered compared with the previous period, and the purchase is more active than the previous period, and the price of caustic soda has a basis for rising. It is generally expected that caustic soda will run better in the later period, depending on the downstream market demand.

Caustic soda


Post time: Aug-23-2023