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Market Analysis - Monthly Report - May, 2020-Triacetin

 ECHEMI 2020-06-01

What's hot and trending this month

1) in May, the prices of glycerin and acetic acid were adjusted at a high level, with little change.

2) In May, the factory maintained the quotation, and the countries resumed work and production, and the downstream demand increased.

6.1-1

This month's market summary

In may, the price of glycerin experienced a sharp rise and became stable. The domestic refined glycerin price was adjusted to a high level, which to some extent supported the price of glycerin triacetate. The price of acetic acid was affected by the re-opening of the main factory in late may. The supply increased and the price slightly decreased. In the domestic market, except for plasticizing in tobacco factories, the amount of casting resin and other USES has been affected by the epidemic and the demand has decreased. At present, the production and inventory of glycerin triacetate still maintain a balance and no significant decrease has been observed.

Next month market forecast

6.1-2

6.1-3

Summary and views

In may, the epidemic situation in China was basically completely under control. Foreign countries actively promoted the resumption of work and production. The downstream demand increased, the upstream raw materials were stable, the factory started well and the profit was good, which was as stable as the price of taishan mountain.

Glycerine

Glacial Acetic Acid

 Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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Market Analysis - Monthly Report - May, 2020-Triacetin

India invented edible fruit coating, can extend the shelf life

End of peak season! Ammonium chloride fell slightly in May

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