1.Previous Closing Prices in Mainstream Markets
On the last trading day, butyl acetate prices remained stable in most regions, with slight declines in some areas. Downstream demand was weak, leading some factories to lower their offer prices. However, due to the current high production costs, most traders maintained a wait-and-see approach, prioritizing price stability.
2.Key Factors Influencing Current Market Price Changes
Cost:
Acetic Acid: The acetic acid industry is operating normally, with sufficient supply. As the maintenance period for Shandong facilities has not yet approached, market participants are largely adopting a wait-and-see stance, purchasing based on immediate needs. Market negotiations are subdued, and acetic acid prices are expected to remain weak and stagnant.
N-Butanol: Due to fluctuations in plant operations and improved downstream acceptance, there is currently no bearish sentiment in the market. Although the low price spread between butanol and octanol has dampened confidence, butanol plants are not under pressure. N-butanol prices are expected to remain largely stable, with potential for slight increases in some regions.
Supply: Industry operations are normal, and some factories are fulfilling export orders.
Demand: Downstream demand is recovering slowly.
3.Trend Forecast
Today, with high industry costs and weak downstream demand, market conditions are mixed. Prices are expected to continue consolidating.
Post time: Feb-27-2025