Market Analysis of Monthly Report - September, 2020

Triacetin: https://www.echemi.com/cms/122880.html

In September, affected by the National Day the goods, the factory inventories low, order more, but due to raw material, the factory have risen in price, downstream and traders buy or not to buy up factors, positive margin, caused a certain degree of marketing hype, but the whole, the main downstream still maintain normal work, just need to purchase, outbreaks can be largely ignored, on the basis of the traditional peak season coming, the price cannot return to low.

Isopropanol: https://www.echemi.com/cms/122881.html

Look next month, isopropanol market operation trend will maintain downward. In October, acetone market was not good enough, so there was a high risk of falling back. However, domestic isopropanol factories were mostly kept in normal operation, and there was also a lack of good supply. In addition, export demand will continue to be a key driver of the isopropanol market, with current industry confidence in a subsequent recovery in demand generally poor, so the overall isopropanol market in October may be hard to find a positive.

Maleic Anhydride: https://www.echemi.com/cms/122882.html

October maleic anhydride market high callback, raw material regular butane gradually into the peak season, expected weak rebound, and crude benzene-hydrogenated benzene finishing mainly, cost end to maleic anhydride market guidance is limited. October maleic anhydride market still need to focus on the supply side, the early stage of the parking equipment is expected to return to work and I have heard the new device to save the related line plan, increase supply is expected in October, the downstream resin is still at the traditional peak season, but demand growth is limited, and the company parking more negative reduction during National Day, holiday inventory demand is limited, therefore, the market supply and demand pressure, October market is expected to pressure descending, gradually return to a normal price range.

Benzoic Acid: https://www.echemi.com/cms/122904.html

After many aspects of the epidemic in the first half of the year, the price of benzoic acid fell to the lowest point in history. With the gradual control of the epidemic situation, especially the recovery in China, the downstream demand of benzoic acid was strong. Lead to the return of prices to water before the epidemic. As a result of the rapid rise in prices, some traders still have a small amount of low-price hoarding, downstream according to demand can buy, replenish inventory.

Vinyl Acetate: https://www.echemi.com/cms/122905.html

Looking at the market outlook, October is still the traditional peak season, the market mentality is still optimistic, the downstream or the willingness to replenish the stock after the festival, and the market still has a bullish sentiment.

Adipic Acid: https://www.echemi.com/cms/123823.html

Looking at October, "Golden September and Silver October" is expected to continue to boost market confidence, and driven by the high end of the month of the factory at the end of September and the launch of the new month, the holders have no short-term intentions to lower, but overall supply and demand under the loose situation, the market still has the possibility of upward movement.

BDO: https://www.echemi.com/cms/123824.html

At present, the supplier’s inventory is no pressure, and there is no shortage of subsequent increases in expectations. However, the downstream market after this round of market. The demand is expected to be overdrawn in advance, and later buying may gradually weaken. The supply-demand game is rare. It is expected that the market may have further upward prospects in October, but the downward trend in the downstream situation may be difficult to increase.