Soda ash, glacial acetic acid, methylene chloride market analysis

Soda ash
Yesterday, the domestic soda ash market was stable and fluctuated. The market transactions were moderate, the fluctuations were not large, and high-price transactions were cautious. Preliminary maintenance equipment has gradually recovered, the comprehensive operating rate has increased, and the supply side has increased. Corporate inventories continue to remain low, and orders to be shipped remain unchanged. Downstream demand is good, and there is a certain need to replenish the inventory. In the short term, soda ash is expected to be stable and fluctuate.

Glacial acetic acid
The glacial acetic acid market continued to rise yesterday. Currently, the northwest region is operating stably, and other regions are following suit. It is expected that the price of glacial acetic acid may continue to rise in the short term.
Yankuang’s Lunan glacial acetic acid 1.2 million tons/year unit is operating normally.
The supply and demand of North China’s glacial acetic acid market fluctuates little, the focus of market negotiations is still shifting upwards, and downstream rigid demand procurement is stable. Acetic acid companies followed the market trend, and their quotations rose. The focus of market discussions shifted accordingly, and users maintained their rigid need to purchase.

Dichloromethane
Last week, the dichloromethane market fluctuated and rose slightly. The price of raw material methanol is consolidating at a high level, the price of liquid chlorine continues to fall slightly, and the cost support of methylene chloride weakens slightly; domestic methane chloride production is around 7.60%, and corporate inventories are at medium to low levels. There is some support for the price of methylene chloride; currently in the off-season for air conditioners, the demand for refrigerants is insufficient, and the market for refrigerant R32 is basically stable. The start-up of equipment remains low, and the demand side is generally supported. The demand side support for methylene chloride is average, and the cost side support has weakened slightly. However, there is not much pressure on the supply side in the methylene chloride area. Overall, it is expected that the methylene chloride market will consolidate at a high level in the short term.

Dichloromethane

 


Post time: Sep-13-2023