Glacial acetic acid
The factories in the North China glacial acetic acid market area are not stable, and the quotations have no obvious fluctuations. The market is mainly organized, and the downstream receives goods according to rigid demand.
Looking at this week, some glacial acetic acid plants that have been parked and started unstable may recover, and most downstream companies have completed replenishment, and the market is mainly based on rigid demand. It is expected that the market of glacial acetic acid will be mainly in sideways this week.
The short-stop glacial acetic acid plant in North China is recovering, the overall downstream enthusiasm for receiving goods is average, and production companies are still facing certain cost pressures. It is expected that the glacial acetic acid market will be stable today.
Citric acid
Shandong Linyi Qixing Lemon Technology Co., Ltd. Citric acid monohydrate, citric acid anhydrous, and sodium citrate, please discuss the specific transaction. Manufacturers are producing normally, with a slight accumulation of inventory.
The quotation of Weifang Ensign Industrial citric acid has risen, citric acid monohydrate, anhydrous citric acid, and sodium citrate (salt) include tax in cash, and the actual order can be negotiated. The manufacturer is in normal production, and orders are available from stock.
Last week, the quotations of some citric acid companies continued to rise, the enthusiasm for signing orders downstream was effectively mobilized, and the industry’s inventory declined. The main reason is that citric acid companies have no room for profit at the current price, the production cost pressure remains high, and the upstream has a certain intention to transfer costs. Considering the supply and demand situation and production cost, it is expected that the market price of citric acid will rebound slightly this week.
After the Spring Festival, the pre-sale contract orders of upstream production enterprises remained high, which had a strong boost to the industry, and the industry’s inventory level continued to be low.
Post time: Feb-06-2023