On March 16 – Amine Catalysts

On March 16, the Domestic Butyl Acetate Market Rose Slightly

admin — Fri, 17 Mar 2023 09:33:54 +0000

　　Price trend

　　According to the monitoring of SunSirs, the market of butyl acetate rose slightly on March 16, up 1.37% from the previous day. The mainstream quotation range was 7,300-7,500 RMB/ton.

　　Analysis review

　　The rise was mainly driven by the cost side. According to the monitoring of SunSirs, the price of n-butanol, the upstream product, rebounded this week, with a weekly increase of 1.86%. The rise in raw materials led to a rise in downstream butyl esters. However, the supply and demand fundamentals were still weak, and the market transactions were not good. The enthusiasm of downstream market entry was not high, and the consumption rate in the region was slow, and the supply and demand remained relatively balanced.

　　Market outlook

　　The cost side is good in the short term or can be realized, but the supply and demand fundamentals are weak and difficult to change. It is expected that butyl acetate will lack power to continue to push up. In the later stage, butyl acetate may continue to maintain the adjustment pattern.

On March 16, the Price of Domestic Hydrochloric Acid Rose 7.95%

admin — Fri, 17 Mar 2023 09:25:10 +0000

　　On March 16, the domestic market price of hydrochloric acid was 190.00 RMB/ton, 14 RMB/ton higher than that on March 15, a sharp increase of 7.95%, and 44.32% lower than the same period last year.

　　Analysis review

　　The recent market of upstream liquid chlorine had risen sharply, the cost support had increased, the market of downstream PAC had declined slightly, the market of ammonium chloride had consolidated at a high level, and the purchase intention of downstream was general.

　　Market outlook

　　In the near future, the domestic market price of hydrochloric acid may rise slightly, with the average market price of about 200 RMB/ton.

On March 16, the Spot Market Price of Glass Was Stable and Rose

admin — Fri, 17 Mar 2023 09:16:47 +0000

　　On March 16, the spot market price of glass was 18.76 RMB/square meter, which was stable and rose.

　　Analysis review

　　The overall production and sales of Shahe in North China were fair, and the spot price of some glass rose slightly. The market trading and investment situation in East China was general, and the market price was mainly stable. Downstream and traders replenishment was just in needed. The overall production and sales in Central China were OK, the market was stable and rising, and the downstream and traders replenishment was just in needed. The spot trading of glass in South China were good, and the downstream and traders were more active in taking goods.

　　Market outlook

　　In the short term, the glass spot market is stable and improving.