The market operation of glacial acetic acid and acetate esters, soda ash and caustic soda

Glacial Acetic Acid

Yesterday, Glacial Acetic Acid prices saw localized increases, and some factories continued to raise prices today. Attention should be paid to changes in market sentiment. Longzhong Information predicts thatglacial acetic acid prices may continue to rise in the short term.

Ethyl Acetate

Yesterday, Ethyl Acetate prices remained stable with localized adjustments. Currently, market willingness to sell is strong, and there are no significant positive factors to boost prices in the short term. Holders are mainly focused on selling, and some factories are reluctant to adjust prices due to low inventory. Downstream demand remains at a just-in-time level, with no significant release of demand. Longzhong predicts thatethyl acetate prices will continue to adjust within a range today.

Butyl Acetate

Yesterday, Butyl Acetate Prices continued to rise. Currently, the market is driven significantly by costs, with the price of raw material n-butanol remaining high, leading to increased costs for factories and improving market sentiment, with some willing to follow suit. Longzhong predicts thatbutyl acetate prices will remain relatively strong today, and attention should be paid to the pace of buying interest following the price increases.

Soda Ash

Yesterday, the domestic soda ash market remained stable with prices holding firm, experiencing a slight upward adjustment from the bottom. Plant operations were normal, output increased, and downstream demand was moderate, primarily driven by immediate needs.

Caustic Soda Flakes

Yesterday, domestic caustic soda flakes producers maintained their previous trend. Traders held a bearish sentiment towards the market outlook, and some manufacturers' actual transaction prices may continue to decline. It is expected that today, with the weekend approaching, the trading atmosphere in the domestic caustic soda flakes market may further weaken, and based on the current market sentiment, new order prices may still decline.