Market Analysis - Monthly Report - July, 2020 - Triacetin
What's hot and trending this month
1) Crude glycerin runs weakly and stably, with general cost surface support.
2) The core support of the oil price rebound weakens and the risk of peaking is increased.
This month's market summary
In July, refined glycerin and crude glycerin all maintain weak stable operation, cost surface support is general, acetic acid large factory overhaul is completed, certain inventory accumulation, drive certain export sales, but the overall acetic acid export is still sharply compared with the same period last year. Main manufacturers of triacetate glyceride maintain a certain inventory, but I heard that some low-price goods into the market, as a whole, the market fluctuation in July is not big, small shock.
Next month market forecast
|
Factors affecting the |
Run trend |
Impact to the |
|
glycerin |
The market is expected to be stable |
→ |
|
Factors affecting the |
Run trend |
Impact to the |
Acetic acid |
The overall supply of the market is greater than the previous level, acetic acid is expected to continue to fall in the market. |
↓ |
|
The factory profit |
Maintain normal |
↑ |
|
starts |
The main factory maintains a balance between production and sales |
→ |
|
Downstream demand |
Demand is expected to remain stable with little impact from the outbreak. |
→ |
|
To predict |
Exports are expected to rise in August, but the cost side needs to be closely watched. |
|
Summary and views
In July, the raw material level was largely unchanged and is expected to remain unchanged in August. At present, the downstream demand has basically recovered to the pre-epidemic level, maintaining rigid demand and stable shipment.
Looking for chemical products? Let suppliers reach out to you!
You May Interested In
2026-07-20
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Recommend Reading
-
Shipping Pressure Continues, ABS Market Prices Still Decline
-
Moving Average Bearish Signal Strengthens—Acrylic Still Has Downside Potential in the Future
-
Recent Dramatic Fluctuations in Lithium Carbonate Prices in China
-
Supply and Demand Loosening—Shandong Cyclohexanone Market Operates Weakly After the Holiday
-
Shandong Cyclohexanone Market Has Experienced Volatile Movements Since November
-
Key Reactions and Uses of Lithium Aluminum Hydride
-
Evonik Achieves Successful Trial Production at Shanghai Polyamide Plant
-
Premium Global Chemical Sourcing Requests (8-12 Dec 2025)
-
EU Blocks Entry of Chinese Food Supplement Due to Unauthorized Ingredient
-
Lanxess Reports Challenging Third Quarter Amid Weak Global Demand and Geopolitical Uncertainty