Glacial acetic acid
The inventory of acetic acid companies has increased significantly compared with before the holiday. The supply of goods is sufficient. The downstream will gradually return to the market. It will take time for demand to recover. The negotiation atmosphere may be dull for the time being. The acetic acid market is expected to operate smoothly today.
N-butanol
Yesterday, the domestic n-butanol market was firm and consolidated, with average market transaction performance. Downstream and market participants are slowly returning to the market, with demand mainly for replenishing orders. Inventories in production plants remain low and there is little sales pressure. For this reason, n-butanol is expected to stabilize and consolidate.
Dimethyl carbonate
At the beginning of February, the domestic dimethyl carbonate market was generally weak and stable. The downstream stocking of dimethyl carbonate is gradually declining, and the market support for dimethyl carbonate downstream demand is limited. In terms of supply, in January, some dimethyl carbonate devices were opened on the market, and the overall supply side improved. Entering February, there was little adjustment on the dimethyl carbonate supply side.
Isopropyl alcohol
The isopropyl alcohol market declined weakly before the holiday. Although the buying atmosphere was light, some sellers still had the intention to deliver goods at a profit, and the focus of small order negotiations fell. However, as the Spring Festival holiday approaches, the isopropyl alcohol market gradually entered a closed state, and the market price fluctuated. Too stable.
During the holidays, although the crude oil market continued to rise and the macroeconomic atmosphere was good, the raw material acetone was mainly stable and there was no fluctuation for the time being. After the holiday, the raw material acetone had a good start, the cost of isopropanol was boosted, and the strength of positive support was high.
Supply side:
During the holidays, the operating rate of the isopropyl alcohol industry continued to change, fluctuating around 51%. After returning from the holiday, the main factory in Shandong plans to shut down for maintenance in the near future. The 100,000 tons/year isopropyl alcohol unit of Jinzhou Petrochemical plans to shut down for maintenance for around 3 months in mid-March. , the operating rate of the isopropyl alcohol industry is expected to decline in the market outlook, and domestic supply will shrink.
Demand side:
During the holidays, downstream terminal factories were in a bleak mood for replenishment, with some experiencing load reductions and shutdowns, as they mostly digested inventory production. Downstream terminals just need to replenish supplies after the holiday. Boosted by the rising atmosphere, buying enthusiasm increases.
Summarize:
From the analysis of cost and supply and demand, the domestic isopropyl alcohol market will mainly rise after the holiday, and attention will be paid to the terminal sentiment to chase the increase in the market outlook.
Post time: Feb-19-2024