Weekly Product Market Report (July 3, 2024)

Weekly Product Market Report (July 3, 2024)

Sharp Increase in Market Prices

None.

Slight Increase in Market Prices

  • Ferrous Sulfate
  • Sodium Tetraborate
  • Ethylene Glycol
  • Sodium Lauryl Ether Sulfate
  • Ethylene Glycol Monobutyl Ether
  • Sodium Carbonate

Continued Increase in Market Prices

  • Glycerin
  • Glucose
  • Sodium Gluconate

High Price Plateau

None.

Stable Market Prices

  • Potassium Hydroxide
  • Potassium Carbonate
  • Sulfamic Acid
  • Calcium Chloride
  • Diethylene Glycol
  • Ammonium Persulfate
  • Sodium Persulfate
  • Formic Acid
  • EDTA-2Na
  • EDTA-4Na
  • Diethylene Glycol Butyl Ether
  • Monoethanolamine
  • Triethanolamine
  • Poly Aluminium Chloride

Fluctuating Market Prices

  • Sodium Metasilicate
  • Urea
  • Sodium Metabisulfite
  • Sodium Bisulfite

Sharp Decrease in Market Prices

None.

Slight Decrease in Market Prices

  • Propylene Glycol

Continued Decrease in Market Prices

  • Sodium Bicarbonate
  • Oxalic Acid
  • Linear Alkylbenzene Sulfonic Acid

Low Price Plateau

  • Citric Acid
  • Sodium Citrate
  • Sodium Hydroxide
  • Sodium Thiosulfate

Product Analysis

1. Ferrous Sulfate

  • Market Outlook: Slight increase.
  • Raw Materials: Increase in iron prices.
  • Logistics: None.
  • Supply: Normal production schedule.
  • Demand: Normal sales.

2. Sodium Tetraborate

  • Market Outlook: Slight increase.
  • Raw Materials: None.
  • Logistics: Increase in shipping costs.
  • Supply: Low inventory, high demand.
  • Demand: Increased demand, market supply is less than demand.

3. Ethylene Glycol

  • Market Outlook: Slight increase.
  • Raw Materials: Fluctuation in crude oil prices.
  • Logistics: None.
  • Supply: High inventory at ports.
  • Demand: Strong sales, high operation rate in the polyester industry.

4. Sodium Lauryl Ether Sulfate

  • Market Outlook: Slight increase.
  • Raw Materials: Unstable production of fatty alcohol, leading to tight supply and price increase.
  • Logistics: None.
  • Supply: High production rates.
  • Demand: Moderate sales.

5. Ethylene Glycol Monobutyl Ether

  • Market Outlook: Slight increase.
  • Raw Materials: None.
  • Logistics: None.
  • Supply: Low-cost competition among distributors, tight supply.
  • Demand: Moderate demand.

6. Sodium Carbonate

  • Market Outlook: Slight increase.
  • Raw Materials: None.
  • Logistics: None.
  • Supply: Reduction in production due to maintenance season and cessation of natural soda production in Alxa.
  • Demand: None.

7. Glycerin

  • Market Outlook: Continued increase.
  • Raw Materials: None.
  • Logistics: None.
  • Supply: Normal production.
  • Demand: Weak market demand.

8. Glucose

  • Market Outlook: Continued increase.
  • Raw Materials: Increase in corn prices due to weather.
  • Logistics: Normal.
  • Supply: Normal sales.
  • Demand: Normal sales.

9. Sodium Gluconate

  • Market Outlook: Continued increase.
  • Raw Materials: None.
  • Logistics: Normal.
  • Supply: Increase in raw material prices.
  • Demand: Normal sales.

10. Potassium Hydroxide

  • Market Outlook: Stable.
  • Raw Materials: Tight supply and price increase.
  • Logistics: Normal.
  • Supply: Insufficient production, sales exceeding production, pre-order required.
  • Demand: Normal sales.

11. Potassium Carbonate

  • Market Outlook: Stable.
  • Raw Materials: Tight supply and price increase.
  • Logistics: Normal.
  • Supply: Insufficient production, supplemented by imports, pre-order required.
  • Demand: Weak downstream demand.

12. Sulfamic Acid

  • Market Outlook: Stable.
  • Raw Materials: Prioritize sales.
  • Logistics: Normal.
  • Supply: Normal production, limited production, weak downstream demand.
  • Demand: Weak downstream demand.

13. Calcium Chloride

  • Market Outlook: Stable.
  • Raw Materials: None.
  • Logistics: None.
  • Supply: Normal production, weak sales.
  • Demand: Normal sales.

14. Diethylene Glycol

  • Market Outlook: Stable.
  • Raw Materials: Fluctuation in crude oil prices.
  • Logistics: None.
  • Supply: Normal inventory at ports.
  • Demand: Moderate downstream demand.

15. Ammonium Persulfate/Sodium Persulfate

  • Market Outlook: Stable.
  • Raw Materials: Slight increase in sulfuric acid prices.
  • Logistics: None.
  • Supply: Some factories are operating at a loss.
  • Demand: Primarily export orders, moderate domestic demand.

16. Formic Acid

  • Market Outlook: Stable.
  • Raw Materials: None.
  • Logistics: None.
  • Supply: Normal production, balanced production and sales, low prices increasing downstream demand.
  • Demand: Normal demand.

17. EDTA-2Na/EDTA-4Na

  • Market Outlook: Stable.
  • Raw Materials: None.
  • Logistics: None.
  • Supply: Normal production, sufficient inventory.
  • Demand: Moderate demand.

18. Monoethanolamine/Triethanolamine

  • Market Outlook: Stable.
  • Raw Materials: None.
  • Logistics: None.
  • Supply: Normal production.
  • Demand: Moderate downstream demand.

19. Poly Aluminium Chloride

  • Market Outlook: Stable.
  • Raw Materials: Increase in aluminum hydroxide prices.
  • Logistics: None.
  • Supply: Stable inventory, tight supply for some spray drying factories, increased costs.
  • Demand: Competitive downstream market, overall supply exceeds demand.

20. Diethylene Glycol Butyl Ether

  • Market Outlook: Stable.
  • Raw Materials: None.
  • Logistics: None.
  • Supply: Weak downstream market demand.
  • Demand: Weak downstream demand.

21. Sodium Metasilicate

  • Market Outlook: Fluctuating.
  • Raw Materials: Increase in caustic soda prices.
  • Logistics: Normal.
  • Supply: Normal production, no inventory, price adjustment due to caustic soda increase.
  • Demand: Weak downstream demand.

22. Urea

  • Market Outlook: Fluctuating.
  • Raw Materials: Fluctuating and decreasing coal prices.
  • Logistics: None.
  • Supply: Relatively high supply.
  • Demand: Decreased compound fertilizer production, end of demand in the northeast, preparation in North and East China.

23. Sodium Metabisulfite/Sodium Bisulfite

  • Market Outlook: Fluctuating.
  • Raw Materials: None.
  • Logistics: None.
  • Supply: Reduced production due to previous raw material price increase and weak downstream demand.
  • Demand: None.

24. Propylene Glycol

  • Market Outlook: Slight decrease.
  • Raw Materials: None.
  • Logistics: None.
  • Supply: Normal production, sufficient inventory.
  • Demand: Weak downstream demand.

25. Sodium Bicarbonate

  • Market Outlook: Continued decrease.
  • Raw Materials: Prioritize sales.
  • Logistics: Normal.
  • Supply: Continuing downward trend, current low prices, increasing sales.
  • Demand: Weak downstream demand.

26. Oxalic Acid

  • Market Outlook: Continued decrease.
  • Raw Materials: Prioritize sales.
  • Logistics: Normal.
  • Supply: Reduced procurement for pharmaceutical intermediates and mining with the onset of summer.
  • Demand: Weak downstream demand.

27. Linear Alkylbenzene Sulfonic Acid

  • Market Outlook: Continued decrease.
  • Raw Materials: Slight decrease in alkylbenzene prices.
  • Logistics: None.
  • Supply: Normal production.
  • Demand: Moderate downstream demand.

28. Citric Acid/Sodium Citrate

  • Market Outlook: Low price plateau.
  • Raw Materials: Prioritize sales.
  • Logistics: Normal transportation.
  • Supply: Normal production, intense competition.
  • Demand: Weak downstream demand, competitive sales.

29. Sodium Hydroxide

  • Market Outlook: Low price plateau.
  • Raw Materials: Prioritize sales.
  • Logistics: Adjusted freight costs, increased cost.
  • Supply: Weak downstream demand, upward fluctuation in liquid caustic soda prices in Shandong and Inner Mongolia.
  • Demand: Weak downstream demand, competitive sales.

30. Sodium Thiosulfate

  • Market Outlook: Low price plateau.
  • Raw Materials: Prioritize sales.
  • Logistics: Normal.
  • Supply: Reduced production during off-season.
  • Demand: Weak during off-season.
2024-07-09 15:05
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