Soda ash
The price of soda ash futures fluctuated weakly on Tuesday. The sentiment in the spot market further eased, and the price of heavy alkali in the southwest and northwest regions increased. The supply side is relatively stable. There is no new company maintenance plan in the near future, and the industry’s start-up is stable at 89.96%. The downstream just needs to advance, and some traders and downstream enterprises have made inquiries at the beginning of the month, purchased and restocked, which has led to an increase in the order volume of the alkali plant to be issued, and the shipment has improved, and the enterprises have a strong attitude of holding up prices. With the continuous implementation of corporate orders, corporate inventories may further decline this week.
The futures market has relatively limited drivers, and there are no favorable factors fermenting in the short term. It is expected that the market will still be dominated by wide-range shocks. In the medium term, pay attention to the progress of new production capacity in the industry, the extent of seasonal maintenance, and the pace of downstream replenishment. The long-term soda ash surplus pattern is a high probability event, and the downward price center is the main direction.
Dimethyl carbonate
At present, the overall trading atmosphere in the domestic dimethyl carbonate market is mild, the supply side of dimethyl carbonate is relatively stable, and the downstream demand side is generally stable and slightly increased. In the short term, the domestic dimethyl carbonate market will mostly be stable and relatively strong, and the specific trend needs to pay more attention to the news changes on the supply and demand side.
Isopropanol
The trading atmosphere in the isopropanol market is light. Traders and downstream users are more on the sidelines and cautious in actual orders. The market confidence is low and the center of gravity shifts downward. It is expected that the isopropanol market will operate weakly and steadily in the short term.
Glacial acetic acid
Although the glacial acetic acid industry as a whole is currently not operating at a high rate, some production companies have high inventory levels, and downstream users may still be less active in negotiating purchases. It is expected that the glacial acetic acid market will be weak and stalemate today.
The price of glacial acetic acid has mostly stabilized. At present, the overall shipment sentiment of factories may be better than yesterday, but the overall enthusiasm for purchasing goods from downstream is average, and there is little inquiry sentiment in the market. Longzhong Information predicts that the price of glacial acetic acid may stabilize in the short term.
Post time: Jun-07-2023