Our new website is under construction, Sorry for the inconvenience, for more information, please Email info@hiseachem.com
Blogs
Home » Blogs » Blogs » Acetate: "Golden Nine" is coming, the market atmosphere is not improved for the time being

Acetate: "Golden Nine" is coming, the market atmosphere is not improved for the time being

Views: 0     Author: Site Editor     Publish Time: 2022-09-01      Origin: Site

Acetate: "Golden Nine" is coming, the market atmosphere is not improved for the time being


September, the arrival of the traditional demand season "golden nine silver ten", the mood of the field has a certain good boost, due to the previous market atmosphere is not good, the industry to the arrival of the "golden nine" with greater expectations, hoping that the market atmosphere can be improved, however However, it was not what they wished for, as the downstream purchasing sentiment was still weak, and they mostly maintained just demand operation.


I. Ethyl acetate


In East China market, for example, the market price dropped by 22.65% on the 9th day of this year; at the beginning of the month, the price of acetic acid rose narrowly, and the cost support of ethyl acetate rose slightly, and the auction transaction of the main factory in Shandong was acceptable, which had a certain positive boost to the market. However, acetic acid prices were slightly weakened in the late stage, the cost side was not supported by the positive, and the downstream procurement was mostly just demand, the market transaction atmosphere was light, and the market attitude was mainly wait-and-see.


Second, butyl acetate


The price of raw material n-butanol is declining, the price of acetic acid is stable in the early stage, the cost side has certain support, the price of butyl acetate is firm, the price of acetic acid is declining in the late stage, the cost side is not enough good support, the price of butyl acetate is lowered, the market negotiation center of gravity is falling, under the influence of bearish sentiment on raw materials, the industry's mentality is not good, more cautious operation, and downstream procurement according to the order, the market transaction atmosphere is general, in East China market, for example, this year, the market price is 7,000-7,100 yuan. Market prices fell by 47.58%.


In the future, raw material acetic acid is expected to weaken, ethanol and n-butanol are expected to move up, it is expected that the short-term acetate market or tentative stability, but with the arrival of the seven-day holiday, the downstream is also about to start a new round of replenishment, the acetate market may have some upward space, later still need to pay more attention to the trend of raw materials, manufacturers device dynamics and downstream receiving situation, it is recommended that the industry is cautious operation.





Leave a Message
Free Consultation

0086-532-85708217

0086-532-85708218

Road No.1#, Port Chem Logistics Park, Qingdao, China
About us
Qingdao Hisea Chem Co., Ltd located in the east part of China, which is the largest salt farm in China, the potassium related chemicals production ranked fourth in the world. The main products of...

Quick links

Subscribe

 
Sign up for our newsletter to receive the latest news.
 
 
Copyright © 2021 Qingdao Hisea Chem Co., Ltd. Support By Leadong | Sitemap