In October, the benzoic acid market was hot and cold, and the exportdemand was not as expected, but due to the shutdown of the factory and the parkingand maintenance of other factories, The price of benzoic acid and relatedproducts will fluctuate greatly in November.
Recently, the price trend of raw material ethylene is weak, the price of acetic acid is strong, the profit of the ethylene method is still acceptable, but the profit of the calcium carbide method is still in a state of loss, the market wait andsee sentiment is obvious, the heating season is coming, but the market spot resources are still tight. It is expected that vinyl acetate next month. The market may be volatile.
In November, styrene fundamentals are still good, support for pure benzene can be, the main adipate factory release November high closure news, concerned about cost pressure, at the end of the middlemen do not ship sealed, reported inventory significantly increase dexpectations. It is expected that the domestic adipic acid market will continue to rise next month.
Next market forecast: the currentsupplier's inventory is not under pressure, and there is no lack of follow-up to continue to increase expectations. At the same time, the factory maintenance and restart operations next month are relatively intensive, and the supply situation in the field will continue to be tight. Therefore, the strong supplier operation is expected to further explore the BDO market and pay attention to the change of mentality of downstream buying follow up.
