Glacial acetic acid
Most acetic acid factories have no inventory pressure, so they are willing to raise prices. The overall supply of the industry is still at a normal level. The procurement of downstream urgent needs is stable. The mentality of the industry is stable. It is expected that the market price of acetic acid will rise steadily today. The supply of acetic acid in the Beijing-Tianjin-Hebei market is stable, factory inventory is not high, quotations are relatively stable, low prices are decreasing, and market demand is normal.
Butyl acetate
Butyl acetate unit operates stably. The market price of butyl acetate is operating stably. At present, the market prices of raw materials acetic acid and n-butanol are relatively strong. Although the raw material end has certain support for the market, the downstream ink and coating industries mainly require consumption, and the follow-up speed is slow, and demand continues to constrain the market. towards. It is expected that the market price of butyl acetate will fluctuate today.
N-butanol
The price of n-butanol in the domestic market is rising. A certain factory unit was temporarily shut down, and the spot supply in the market was reduced. The n-butanol factory inventory remained low, and there was no spot sales pressure in the short term, which continued to support the strong focus of the octanol market. The overall production of downstream products is maintained and the demand is stable. However, the inventory of downstream raw materials is low, and the procurement of rigid demand is more active, which has certain support for the price of its raw materials.
Ethyl acetate
The market price of ethyl acetate held slightly last week. At the beginning of the week, the market prices of raw materials acetic acid and ethanol were weak. The cost side has not significantly boosted the market for the time being, and the demand level has remained flat. Although some export orders have been intensively executed and some spot circulation is tight, it is difficult to offset the continued domestic sales. There is a certain amount of pressure, and it is difficult for the overall good news in the market to appear, which restricts sellers from adjusting prices. Mainly to continue stable shipments. Subsequently, most industry players considered that the accumulation of acetic acid would definitely boost the market, and the market sentiment was mostly optimistic about the market outlook.
Mainly, there is a certain demand for replenishment in the downstream, which brings certain support to buyers. The transactions of most factories have improved, and the cargo transactions of major factories have once again supported the industry’s mentality towards the market outlook, and the price performance has rebounded.
At present, due to the centralized execution of export orders in many places, upstream inventory levels are low. Sellers have a certain push-up attitude, but considering the lack of substantial improvement in downstream demand, limited purchasing capabilities, lack of willingness to increase stockpiling, and the market prices of raw materials acetic acid and ethanol The consolidation is weak, and the medium and long-term expectations are still insufficient. It is expected that the market price of ethyl acetate may rise this week and then stabilize.
Post time: Nov-28-2023