1、 Price trend

According to the price monitoring of the business agency, on December 24, the average price of domestic refrigerant R134a was 23166.67 yuan / ton, slightly increased by 0.72% compared with 23000 yuan / ton the previous day. On December 24, the R134a commodity index was 84.76, up 0.61 points from yesterday, down 15.24% from the highest point in the cycle of 100.00 (2019-09-02), and up 2.21% from the lowest point of 82.93 on November 12, 2019. (Note: cycle refers to 2019-09-01 till now)

2、 Market analysis

Product: R134a market of refrigerant market is acceptable in the near future. At present, the supply of R134a is tight, and the inventory is at a low level, resulting in a small increase in the price of R134a. However, the hydrofluoric acid at the raw material end is getting warmer, and the cost support is acceptable. The end of the year is generally stocked, and the demand for refrigerant R134a is not high. According to the price monitoring of the business agency, as of December 24, the quotation of R134a of Jiuzhou Chemical Co., Ltd. in Quzhou is 21500 yuan / ton, that of Zhejiang lengwang technology is 22500 yuan / ton, that of Yuemei Chemical Co., Ltd. is 23000 yuan / ton, that of Longxun trade is 21500 yuan / ton, that of Yumei Chemical Co., Ltd. is 23000 yuan / ton, that of blue planet is 25000 yuan / ton, and that of Yumei Chemical Co., Ltd. is 21000 yuan / ton – 25000 yuan / ton.

Industry chain: the market situation of upstream products in the domestic hydrofluoric acid hydrofluoric acid market has improved, the mainstream price is 9500-11000 yuan / ton, the factory price of some manufacturers in the field is temporarily stable, the domestic hydrofluoric acid manufacturers’ operating rate is average, the supply of goods in the field is sufficient, and the market price in the field is stable. Terminal, air conditioning industry demand is not high, refrigerant R134a price.

3、 Future forecast

According to the refrigerant analyst of business club, R134a is currently in a tight supply and low inventory. It is expected that R134a prices will continue to rise in the short term.

1、 Price trend

The propane market rose broadly this week. At the beginning of the week, the average price of propane market was 4195 yuan / ton, and at the end of the week, the average price was 4950 yuan / ton, up 18% in the week, up 5.6% compared with the same period last year.

2、 Analysis of influencing factors

Product: the domestic propane Market Transaction atmosphere this week is moderate. As of December 20, Shandong Dongming Petrochemical Co., Ltd. stopped using propane for its own use, and Shandong Haiyou Petrochemical Group Co., Ltd. had no propane in stock, so it was not offered temporarily. The ex factory price of propane of Tianjin Bohai Chemical Group supply and marketing company is 5050 yuan / ton, that of Shandong Dongying Hualian Petrochemical Co., Ltd. is 4900 yuan / ton, that of Shandong HSBC Petrochemical Co., Ltd. is 5000 yuan / ton, that of Shandong Hengyuan Petrochemical Co., Ltd. is 5000 yuan / ton, and that of Shandong Binzhou Dayou group is 5000 yuan / ton. The ex factory price of propane of Shandong Zhonghai Fine Chemical Co., Ltd. is 5000 yuan / ton, and that of Sinopec Qingdao Refining Chemical Co., Ltd. is 4900 yuan / ton.

Propane rose broadly in Shandong this week, ranging from 700-1000 yuan / ton, breaking new highs in the year. The main influence factor of this rise is driven by the sharp rise in the intake. At present, the shortage of international spot resources, the increasing cost and the decrease of propane flowing into China have led to the wide rise of domestic port price, which has led to the sharp rise of refining price. Downstream buy up mentality under the active market, manufacturers shipping smoothly, low inventory. In the later period, the import gas fell back, and the market continued to rise with insufficient momentum, and gradually recovered.

Saudi Aramco’s December CP announced a slight increase in propylene butane. Propane rose to $440 / T, up $10 / T from last month; butane $455 / T, up $10 / T from last month.

Industry: according to the price monitoring of the business agency, in the 50th week of 2019 (12.16-12.20), there are 18 kinds of commodities rising month on month in the list of commodity prices in the chemical sector. The top three commodities are epichlorohydrin (4.13%), maleic anhydride (2.23%) and propane (2.06%). There are 24 kinds of commodities falling on a month on month basis, with 2 kinds of commodities falling by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top three products falling are sulfur (- 6.98%), chloroform (- 5.13%), isopropanol (- 4.55%). This week’s average was – 0.39%.

3、 Future forecast

Propane analysts believe that: the current price is relatively high, the downstream capacity is limited, more delisting wait-and-see, mainly cautious. However, in the early stage, the manufacturer delivered goods well. At present, the inventory is not under pressure, and the mentality is relatively strong. It is expected that the trend will be high consolidation next week.

1、 Price trend

Take the rutile titanium dioxide produced by sulfuric acid process, which has a large volume in the domestic market, as an example. According to the data in the bulk list of business agencies, the price of titanium dioxide is stable this week, with an average price of 15300 yuan / ton.

2、 Market analysis

Product: the market price of titanium dioxide this week is generally stable. The price of domestic rutile titanium dioxide is 14600-15800 yuan / ton, that of anatase titanium dioxide is 12800-14000 yuan / ton, and that of chlorination titanium dioxide is 18500-20000 yuan / ton. As the end of the year approaches, titanium dioxide enterprises are affected by the routine maintenance and environmental protection at the end of the year. The downstream stock starts to increase, and the enterprise’s stock is much better than that at the earlier stage. In addition, titanium ore price is firm. Although the market is in the off season, titanium dioxide market has also been stable, and the market price is single.

Industry chain: this week, the market price of titanium ore in Panxi region was basically stable, the supply of medium ore was tight, and some market quotations were slightly increased. At present, the price of 38 titanium ores excluding tax in Panxi area is 830-860 yuan / ton, 46, 10 titanium ores excluding tax is 1270-1320 yuan / ton, 47, 20 titanium ores are 1300-1350 yuan / ton. At the end of the year, there will be a lot of goods in the downstream, the supply of titanium ore will be tight, and the price of titanium ore will continue to run at a high level.

3、 Future forecast

Titanium dioxide analysts believe that: this week domestic titanium dioxide market price stability. Near the end of the year, the downstream stock began to increase, and the enterprise’s stock taking was better than that in the earlier stage. In the short term, the market price of titanium dioxide has been stable, and the actual operation is a single discussion.

1、 Price trend of epichlorohydrin:

According to the data in the business club’s large list, the market price of epichlorohydrin rose on December 18, the average price of enterprises on December 16 was 12100 yuan / ton, the average price of enterprises on December 18 was 12600 yuan / ton, and the three-day increase of epichlorohydrin was 4.13%. In a three-month cycle, it fell 4.30% year-on-year.

2、 Market analysis:

Product: market of epichlorohydrin rose recently. On the 16th, the main quotation of epichlorohydrin market was around 11800-12500 yuan / ton, the downstream just need to buy increased, and the focus of market negotiation increased. On the 17th, the average price of epichlorohydrin enterprises was 12166.67 yuan / ton. Due to the unstable production of some plant units, the spot supply in the field was tight, the manufacturers were reluctant to sell at a high price, and the willingness to ship at a low price was not strong. On the 18th, the market price of epichlorohydrin rose again Yang, the average price of the enterprise is 12600 yuan / ton, the industry is cautious in market participation, and the market is full of wait-and-see mood. At present, the mainstream price of the domestic epichlorohydrin market is around 11800-13000 yuan / ton.

Industrial chain: the market of propylene in Shandong Province was flat on the 18th. At the beginning of December, influenced by the “Black Friday” international crude oil market, the price began to decline. The price has fallen by about 400 yuan / ton this month. After that, the price remained stable. On the 18th, all prices were stable. At present, the market turnover is still around 6670-7050 yuan / ton, and the mainstream price is between 6670-6700 yuan / ton. On the 18th, the downstream epoxy resin was supported by the cost of raw materials, which reduced the supply of low-cost goods.

Industry: according to the price monitoring of the business agency, there are 9 kinds of commodities in the rise and fall list of bulk commodity prices on December 18, 2019, among which epichlorohydrin (3.56%), propane (1.53%) and styrene (0.90%) are the top three commodities. There are 11 kinds of commodities decreased on a month on month basis, and 1 kind of commodity decreased by more than 5%, accounting for 1.2% of the number of commodities monitored in this sector; the top three products decreased were chloroform (- 5.13%), acetone (- 2.63%) and butadiene (- 2.26%). The 18 day average rose or fell by – 0.09%.

3、 Future forecast:

Epichlorohydrin analysts of the business association believe that the price of propylene in the near future is generally stable, which has little impact on epichlorohydrin. The supply side is tight. Although high price raw materials inevitably cause conflicts among downstream users, manufacturers are willing to support the market, and low price is hard to find. It is expected that epichlorohydrin will increase slightly in the short term. More attention should be paid to the information guidance of upstream and downstream mainstream manufacturers.

1. Trade name: silicon metal (441 × 3)

2. Latest price (December 17, 2019): 11858.33 yuan / ton

The price of 441 × silicon in each region is as follows:

The price range of metal silicon in Fujian is 11300-11400 yuan / ton, in Sichuan is 11600-11800 yuan / ton, in Kunming is 11600-11800 yuan / ton, in Shanghai is 12400-12600 yuan / ton, in Tianjin port is 11900-12000 yuan / ton, in Huangpu port is 11900-12000 yuan / ton 。

3. Analysis points:

On the supply side, affected by the low water period, the operating rate in Yunchuan region has moved down from the same period, with a range of 8-10%. The production increase in Xinjiang, Fujian, Hunan and Shaanxi regions is not large. Generally speaking, the supply is tight.

On the demand side, aluminum alloy is affected by weak vehicle sales, which leads to poor demand and lower operating rate; recently, the price of organosilicon has risen, but at the end of the year, it is planned to maintain more production capacity, mainly purchase on demand and reduce demand; polysilicon volume and price have fallen together, which is short-term negative, and the overall demand of the three downstream metal silicon is weak.

In terms of import and export, there are not many new orders near the end of Christmas and New Year holidays. Most of the port shipments are centralized shipments based on the year-end goods preparation orders in the early stage, and the outbound quantity of the port warehouse in December may have a significant increase on a month on month basis.

4. Future market forecast: supply and demand are weak, and the future market is mainly waiting for the change of downstream demand. It is expected that the short-term stable operation of silicon metal is the main thing.

I. price trend

Monoammonium phosphate has continued to decline since the winter, according to the data in the business club’s large list. On December 16, the average ex factory price of powdered monoammonium in China was 1916 yuan / ton, which was 1.71% lower than that on December 15 (1950 yuan / ton). On December 16, the monoammonium phosphate commodity index was 64.16, down 1.11 points from yesterday, down 36.37% from the highest point in the cycle of 100.84 (2011-09-13), and up 3.33% from the lowest point of 62.09 on September 19, 2017. (Note: cycle refers to 2011-09-01 to now)

II. Market analysis

Product: at present, the operating rate of monoammonium phosphate is about 40%. The factory quotation of 55% powdered ammonium in Anhui Province is 1850-2000 yuan / ton, and the commencement is stable. In Hubei Province, 55% of powdered ammonium is quoted from 1800 yuan to 1950 yuan / ton, and 60% of mainstream powdered ammonium is quoted from 1950 to 2100 yuan / ton. Some enterprises are in charge of equipment maintenance. The market in Henan Province has maintained stable operation. The ex factory quotation of 55% ammonium powder is 1800-1950 yuan / ton. The price of 55% powdered ammonium in Shandong Province is 1850-2000 yuan / ton, which is stable. The factory quotation of 55% powdered ammonium in Sichuan is 1850-2000 yuan / ton.

Industry chain: the upstream domestic sulfur market is flat, the atmosphere is cold, and generally enters the wait-and-see mood. The industry is bearish on the future market. At present, the reference price of particles in Yangtze River port is 525 yuan / ton. In the near future, the phosphorus chemical industry market has also entered the most slack season of the year. The phosphorus ore market continues to be consolidated and operated. The market is still weak. Many mining enterprises have limited production and quoted prices. Before the year, the prices were not adjusted, and a small part of the mine prices fluctuated slightly. The 30% grade phosphorus ore quotation was reduced by 10-40 yuan / ton, with the overall market still running smoothly. The demand of downstream compound fertilizer enterprises is not good.

Industry: according to the price monitoring of the business agency, in the 49th week of 2019 (12.9-12.13), there are 24 kinds of commodities rising month on month in the chemical industry sector, including 4 kinds of commodities rising by more than 5%, accounting for 4.7% of the number of commodities monitored in the sector; the top three commodities are glycol (17.59%), crude benzene (7.07%) and aniline (6.81%). There are 28 commodities with a decline of more than 5% on a month on month basis, accounting for 1.2% of the number of commodities monitored in the sector; the top three products with a decline are hydrochloric acid (- 6.41%), chloroform (- 4.55%), and bisphenol A (- 3.62%). This week’s average was 0.07%.

III. future forecast

According to analysts of monoammonium phosphate of business association, at present, the deep winter has come, the raw material market is cold, the terminal demand is not strong, the downstream is ready to use, and the new orders are rare. It is expected that the decline of monoammonium phosphate will be hard to change in the later period, and the weak operation will continue to prevail. It is suggested to pay attention to the real-time market trends.

I. price trend

According to the price monitoring of the business agency, the ex factory price of calcium carbide in Northwest China rose slightly this week. This week, the average ex factory price of mainstream carbide manufacturers increased from 2676.67 yuan / ton at the beginning of the week to 2693.33 yuan / ton at the end of the week, an increase of 0.62%, down 1.77% year-on-year from the same period last year. On the whole, carbide market rose slightly this week, with the carbide commodity index at 70.57 on December 13.

II. Trend analysis

(I) products:

The ex factory price of calcium carbide in Northwest China this week slightly increased: the price of oveganeng calcium carbide this weekend is 2590 yuan / ton, which is temporarily stable compared with the beginning of the week; the price of Shaanxi coal industry this weekend is 2450 yuan / ton, which is temporarily stable compared with the beginning of the week; the price of Neimenggu Zhonglian calcium carbide this week is 2790 yuan / ton, which is temporarily stable compared with the beginning of the week; the price of Ningxia Xingping calcium carbide this weekend is 2700 yuan / ton, which is temporarily stable compared with the beginning of the week Compared with that, the price is up 50 yuan / ton.

This weekend, the actual transaction price of carbide in Northwest China is about 2400-2800 yuan / ton: the mainstream transaction price of carbide in Shaanxi is about 2400-2600 yuan / ton; the mainstream transaction price of carbide in Ningxia is about 2700 yuan / ton; the mainstream transaction price of carbide in Inner Mongolia is about 2800 yuan / ton, and the actual transaction price is mainly negotiated.

(II) industrial chain:

Upstream raw material Market: the ex factory quotation of coke this week was temporarily stable, with the quotation of 1666.67 yuan / ton, down 18.83% year-on-year compared with the same period last year. The price of raw materials in the upper reaches was lower and consolidated. Compared with last year, the price dropped a lot and the cost support was insufficient, which had a negative impact on the price of calcium carbide.

Downstream market: PVC factory price fell slightly this week. PVC price decreased from 7062.50 yuan / ton at the beginning of the week to 7040.00 yuan / ton at the end of the week, a decrease of 0.32%, up 7.07% year on year. The downstream PVC market fell slightly, but compared with last year, the price is higher, and downstream customers have a higher enthusiasm for purchasing calcium carbide. As a whole, this week’s PVC market has a positive impact on the price of calcium carbide.

III. future forecast

After the adjustment in November, the capital return of each plant is in good condition, the equipment maintenance is completed, and the production capacity is increased. The price of raw materials in the upstream is low and consolidated. Compared with last year, the price has dropped a lot and the cost support is not enough. However, the PVC market in the downstream is better, and the downstream customers are more active in purchasing calcium carbide. The aftermarket forecasts that the price of calcium carbide in Northwest China may rise in the middle of December.

In recent years, the price of domestic rare earth has continued to rise. Since November 6, the price of domestic heavy rare earth has increased by 13.52%. Supported by the price of domestic heavy rare earth market, the market price of light rare earth has increased correspondingly. The price trend of some domestic rare earth products

In recent years, the market price of heavy rare earth in China has increased significantly, with a monthly increase of 13.5%. As of the 12th day, the price of dysprosium oxide is 1.72 million yuan / ton, with a monthly increase of 13.52%; the price of dysprosium ferroalloy is 1.67 million yuan / ton, with a monthly increase of 11.55%; the market price of some light rare earth in China has also increased, with a price of 293500 yuan / ton, with a monthly increase of 2.8%; the price of praseodymium neodymium alloy is 366500 yuan/ The price of praseodymium neodymium oxide was 291500 yuan / ton, with a monthly increase of 2.82%. In recent years, the domestic price of heavy rare earth has increased substantially, and the market price of light rare earth has increased correspondingly. Affected by favorable national policies, the domestic rare earth market has improved.

On December 11, the rare earth index was 341, unchanged from yesterday, 65.90% lower than the cycle’s highest point of 1000 (2011-12-06), and 25.83% higher than the lowest point of 271 on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).

In recent years, the price of rare earth in the market has risen sharply. The domestic supply policy of heavy rare earth market, the export of heavy rare earth have improved, and the domestic market of heavy rare earth is very good. In addition, the demand for permanent magnet has increased recently, the market trend of praseodymium and neodymium series products has rebounded, the on-site supply is normal, the demand for light rare earth in the near future is general, and the market price has not increased much. The price fluctuation of rare earth market is related to the national environmental protection supervision. Rare earth production has particularity, especially some products have radiation hazards, which makes the environmental protection supervision more strict. Under the strict inspection of environmental protection, the manufacturer reasonably controls the sales, but the downstream demand has not changed much in the near future, and the price trend of most rare earths is mainly stable.

Recently, Geng Shuang, spokesman of the Ministry of foreign affairs, said that China is the world’s largest country in rare earth reserves and production, and plays an important role in the global rare earth industry chain. China has been adhering to the principle of openness, coordination and sharing, promoting the development of domestic rare earth industry, and is willing to meet the legitimate needs of the development of all countries in the world with rare earth resources and products, so as to promote China’s economy and the world Economic development plays an active role. China’s rare earth production accounts for 73% of the world’s total, ranking first in the world and playing an important role in the game between big countries. Rare earth PR nd and Dy TB are mainly used in NdFeB magnetic steel. Recently, the Ministry of industry and information technology and the Ministry of natural resources jointly issued a notice to release the total amount control indicators of rare earth mining and smelting separation and tungsten mining in 2019. The Ministry of industry and information technology of China announced that the total amount of rare earth mining and smelting separation in 2019 was 132000 tons and 127000 tons respectively, while the quota of rare earth mining in 2018 was 120000 tons, an increase of 12000 tons, and the data in 2019 It’s the highest year since 2014. In addition, the Ministry of industry and information technology, together with relevant departments, drafted the development plan of new energy vehicle industry (2021-2035). After 15 years of continuous efforts, China’s core technology of new energy vehicles will reach the international leading level. By 2025, the proportion of new energy vehicle sales will reach about 25%. Driven by national policies, the supply and demand pattern of rare earth industry is expected to further improve, and China’s domestic demand is expected to further improve The price of rare earth in the domestic market has increased.

Rare earth analysts of business agency expect that the recent domestic environmental protection scrutiny will not be reduced, coupled with favorable support for the export of rare earth industry in China, and the supply and demand pattern is improving in a good way. It is expected that the price of heavy rare earth in the rare earth market will continue to rise, and the price of light rare earth will also rise slightly.

I. price trend

According to the data in the bulk list of the business agency, the average ex factory price of powdered monoammonium on December 1 was 1950 yuan / ton, and the average ex factory price of powdered monoammonium on December 11 was 1950 yuan / ton, with the same price. On December 11, the monoammonium phosphate commodity index was 65.27, unchanged from yesterday, down 35.27% from the highest point in the cycle of 100.84 (2011-09-13), and up 5.12% from the lowest point of 62.09 on September 19, 2017. (Note: cycle refers to 2011-09-01 to now)

According to the data of the business club’s large scale list, the average ex factory price of 64% diammonium on December 1 was 2255 yuan / ton, while the average ex factory price of 64% diammonium on December 11 was 2250 yuan / ton, down 0.22%. The diammonium phosphate commodity index on December 11 was 67.11, unchanged from yesterday, a new low in the cycle, 34.83% lower than the highest point of 102.98 on October 8, 2011. (Note: cycle refers to 2011-09-01 to now)

II. Market analysis

Monoammonium: since December, the domestic monoammonium phosphate Market is still in a downturn, and the enterprise operating rate is about 40%. The factory quotation of 55% powdered ammonium in Anhui Province is 1850-1950 yuan / ton, and the commencement is stable. In Hubei Province, the factory price of 55% powdered ammonium is 1850-1950 yuan / ton, and that of 60% powdered ammonium is 2000-2100 yuan / ton. The market in Henan Province has maintained stable operation, and 55% of ammonium powder has been quoted at about 1850 yuan / ton, with stable start-up. The ex factory quotation of 55% powdered ammonium in Shandong Province is 1900-2050 yuan / ton, and the price is stable. The ex factory quotation of 55% powdered ammonium in Sichuan is about 1900 yuan / ton.

Diammonium: since December, the domestic diammonium phosphate Market has continued to be weak, with an enterprise operating rate of about 40%. At present, 64% of the mainstream of diammonium in Hubei Province offers 2200-2300 yuan / ton, 64% of the mainstream of diammonium in Shandong Province 2250-2350 yuan / ton, 64% of the mainstream of diammonium in Yunnan Guizhou Province 2300-2450 yuan / ton, and 64% of the mainstream of diammonium in Anhui Province 2300-2450 yuan / ton.

Industry chain: in the near future, the overall stable and weak operation of phosphorus ore market is the main factor. Affected by upstream and downstream demand and on-site inventory, the price may fluctuate slightly to stimulate the atmosphere on the site. The domestic sulfur market is weak in downward consolidation, the downstream demand is weak, the terminal purchase enthusiasm is weak, there is no news on the external market, the port inventory continues to increase, the consumption is slow, the industry is bearish on the future market, and the negotiation is mainly stalemate. The domestic liquid ammonia market continued the trend of last week, and continued to explore the high slightly. At present, the local ammonia volume is still tense, and there is no pressure for enterprises to ship, but the manufacturers with large ammonia volume mainly stabilize the price.

Industry: according to the price monitoring of the business agency, in the 48th week of 2019 (12.2-12.6), there are 17 kinds of commodities in the list of commodity prices rising and falling, including 1 kind of commodity with an increase of more than 5%, accounting for 1.2% of the number of commodities monitored in the chemical sector; the top three commodities are R22 (5.77%), liquid ammonia (3.72%) and organosilicon DMC (3.17%). There are 26 kinds of commodities with a decline in the month on month ratio, and the top three products were propylene (- 3.85%), isopropanol (- 3.63%) and polysilicon (- 3.34%). This week’s average was – 0.26%.

III. future forecast

Analysts of business association ammonium phosphate think that since winter, the market of ammonium phosphate has been in a downturn. The trend of raw materials is not good, the cost support is weak, the downstream demand is insufficient, and the trading volume is weak. It is expected that the weak trend of ammonium phosphate market will be hard to change in the later period, and the low consolidation will continue to be the main trend. It is suggested to pay attention to the change of raw material price and terminal demand.

I. price trend

According to the monitoring data of business agency, as of December 10, the average price of domestic ethanol market was 5530 yuan / ton, 1.28% higher than that of the same period last month, and 1.78% higher than that of the same period last year. The domestic ethanol market continued to rise, and the market in some regions was strong.

II. Market analysis

Products: in some areas of the ethanol market, the price of the lower inventory of enterprises continues to rise due to the centralized purchase in the lower reaches of Henan Province; in East China, the price of large factories goes up, and the products of popular devices have been produced; in Northeast China, the price of small factories falls slightly due to the limitation of logistics, and the stock of large factories in the centralized port is not high; in South China and Guangxi, the start-up of enterprises is not high, and the price is supported by the favorable supply Upstream.

Industry chain: corn: some areas of the ethanol market are up, Henan Province is subject to centralized procurement in the lower reaches, and the inventory price of enterprises continues to rise; large factories in East China are up, and popular devices have already produced products; small factories in Northeast China are subject to logistics restrictions, and the centralized port inventory of large factories is not high; enterprises in South China and Guangxi are not high in starting work, which is favorable for the supply side Keep up the price.

Ethyl acetate: the domestic market of ethyl acetate is temporarily stable. After the early replenishment, the downstream market continues to digest the main source of goods, and the new orders in the market are insufficient. The supplier’s inventory is accumulating continuously, and the decline of raw material acetic acid aggravates the downstream wait-and-see mentality, and all parties in the market are weak. In the short term, the stock of each manufacturer keeps accumulating, and the market trend of ethyl acetate is weak in stages.

III. future forecast

Business alcohol analysts predict that in the short term, the domestic ethanol market may be at a high level, and in the long term, it may be weak as supply increases.