Market prices of glacial acetic acid, ethyl acetate, butyl acetate, soda ash, and caustic soda fluctuate

Glacial Acetic Acid

After rebounding last week, the Glacial Acetic Acid market price gradually stabilized, with supply and demand locked in a tug-of-war. Attention should be paid to changes in market sentiment. Longzhong Information predicts thatglacial acetic acid prices may remain stable in the short term.

Ethyl Acetate

Yesterday, the ethyl acetate market price remained stable. The substantial positive factor for the market this week lies in the release of the maintenance schedules for major plants. These maintenance shutdowns will drive a temporary improvement in market buying. However, considering the weak fundamentals are unlikely to reverse fundamentally, demand may be mainly driven by short-term buying, and the raw material acetic acid market may remain stable to weak, resulting in weak cost support. Longzhong predicts that the ethyl acetate market price may trade within a range with a slight upward bias in the short term.

Butyl Acetate

Yesterday, the butyl acetate market price remained stable. The current raw material n-butanol market is relatively stable, and costs will support plant quotations. However, downstream buyers are relatively rational due to ample spot market supply. Substantial positive factors for the market still await support from the release of maintenance news from major plants. Longzhong predicts that the butyl acetate market price will increase within a range this week.

soda ash

Last week, the domestic soda ashmarket stabilized, with prices fluctuating narrowly and transactions negotiable. Plant operations were stable, with only a few plants undergoing maintenance. Downstream demand was moderate, primarily driven by immediate needs. This week, more soda ash plants are scheduled for maintenance, leading to an expected decrease in supply. Downstream demand remains lukewarm, with restocking at lower prices being the main focus, and spot prices are expected to adjust narrowly.

Caustic Soda

Last week, while new order prices for domestic caustic soda flakes remained stable, actual transaction prices for some products were slightly lower than manufacturer quotes. Limited transportation capacity resulted in low trading activity among traders. This week, based on market activity, a slight decline in new order prices for some manufacturers is likely. Closer monitoring of market transactions in major regions is crucial in the near term.