Market situation of glacial acetic acid and acetate esters (2024.08.22)

Glacial acetic acid
The market price of glacial acetic acid fell slightly yesterday. At present, the factory is not under much sales pressure temporarily. The long-term contract is about to end. Pay attention to the shipping sentiment of traders. It is expected that the price of glacial acetic acid may consolidate in the short term.

Ethyl acetate
The ethyl acetate market continued to operate steadily yesterday. Recently, the main factories have increased their transactions, the upstream factories have successfully discharged their warehouses, and the downstream has been stable in receiving goods. However, some factories still have shipping needs, and the downstream is not willing to receive goods, which inhibits the factory’s operation. It is expected that the market price of ethyl acetate will fluctuate in the range today.

Butyl acetate
The focus of local negotiations on butyl acetate weakened yesterday. The market on the raw material side is weak, and the market guidance is not clear for the time being. The downstream purchasing strength is general, the market supply is sufficient, and some factories may make concessions under the shipping demand. It is expected that the market price of butyl acetate will be weak today.

Soda ash
Yesterday, the domestic soda ash market trend was general, the sentiment was not positive, and it was mainly based on demand. The device fluctuated slightly, and the start-up was adjusted narrowly. Enterprises shipped slowly and inventories increased. The current situation of downstream is weak, the expectation is not optimistic, the inventory intention is insufficient, and the consumption volume has declined slightly.

Caustic soda flakes
Yesterday, the domestic caustic sod·a flakes market continued to be weak, the actual transaction price in the market was significantly lower than the manufacturer’s quotation, and the traders’ enthusiasm for entering the market was weak. It is expected that today, as the weekend approaches, the enthusiasm of terminal purchases will weaken, the market will wait and see, and the equipment for early maintenance will gradually resume. The new order prices of some manufacturers in the main production areas may continue to be stable next week.


Post time: Aug-23-2024