Weekend reports on acetic acid and acetate esters, soda ash and caustic soda flakes

Glacial acetic acid
Factory prices stabilized over the weekend, and the current price has fallen to the low level at the end of the year. Traders and downstream companies are buying on demand. It is expected that the price of glacial acetic acid may continue to be weak in the short term.

Ethyl acetate
The ethyl acetate market was dominated by rigid demand transactions over the weekend. The price of raw acetic acid is expected to fall this week, while the decline in the ethanol market may be limited, especially the supply of coal-based factories is relatively tight, and the cost side has no less impact on the market, while the fundamental contradictions may be highlighted. There is an expectation of an increase in local supply, and the downstream will mainly follow the market, and rigid demand still exists. It is expected that prices will consolidate this week, and if the supply side lands, the price will turn to fall.

Butyl acetate
This week, the supply and demand of the butyl acetate market has limited changes, and downstream users may maintain the rhythm of on-demand procurement. The previous shutdown device on the supply side has been restarted, and the factory has a continuous demand for shipments. However, the downward adjustment of raw materials n-butanol and acetic acid is limited, which may affect the enthusiasm of the industry to buy. It is expected that the price center of gravity of butyl acetate will remain weak this week, and the high level will be under downward pressure.

Soda ash
Last week, the domestic soda ash market trend was stable, new orders were generally accepted, and downstream purchase intentions slowed down, mainly on demand. This week, the supply of soda ash was high, inventory was loose, low prices were traded, and high prices were resisted. The market price is low, impacting spot prices, and the trend of soda ash is expected to fluctuate and be weak.

Caustic soda – (Caustic soda flakes)
Last week, the domestic soda ash flake market price continued to rise. The supply circulation in Xinjiang is still limited, and traders are bullish on the market outlook. It is expected that this week, due to the low inventory of major manufacturers and the active market trading atmosphere, the domestic soda ash flake market price will continue to rise. The possibility is still high, and the initial increase is expected to be around 200 yuan/ton.