Market Analysis - Monthly Report - June, 2020 - Triacetin

What's hot and trending this month

1) Due to the impact of the epidemic, the weak demand in the downstream is hard to change,

dragging down the spot price of glycerin.

2) Within 6 months, the operating rate of acetic acid industry was at a low level, and the import

volume exceeded the export volume.

This month's market summary

Always present dismal performance in June, glycerine, acetate due to the big maintenance, caused a certain degree of rise, three acetic acid glyceride domestic downstream is not much, most depend on exports, but the epidemic continues to spread abroad, shutdown and negative everywhere, the downstream factory is compressed profit, as far as possible to absorb more orders, save some wiggle room.

Next month market forecast

Summary and views

Always present dismal performance in June, glycerine, acetate due to the big maintenance, caused a certain degree of rise, three acetic acid glyceride domestic downstream is not much, most depend on exports, but the epidemic continues to spread abroad, shutdown and negative everywhere, the downstream factory is compressed profit, as far as possible to absorb more orders, save some wiggle room.