According to the commodity market analysis system of Business Society, the market price of liquid sodium acetate hit bottom and rebounded in mid May. As of May 13th, the price of 25% liquid sodium acetate was 787 yuan/ton, which is the lowest price of the year, up 25 yuan/ton from 762 yuan/ton on May 1st.

In terms of raw materials: After the holiday, the market price of acetic acid continued to rise. As of May 13th, the price of acetic acid was 3397 yuan/ton, an increase of 192 yuan/ton from the beginning of the month, which was 3205 yuan/ton. The downstream PTA and EVA demand for acetic acid, as well as the export volume of acetic acid, have increased simultaneously. Under the resonance of supply and demand, the price of acetic acid has risen.

Before the May Day holiday, the raw material soda ash market was strong and upward, and soda ash will enter the traditional maintenance season. Domestic supply is expected to decrease, but imported soda ash still has plans to arrive at the port, and the supply gap of soda ash may be limited. It is expected that the market will maintain a volatile operation.

Analysts from Shengyishe Sodium Acetate Data believe that the cost side is supported by bulls, which is driving the recovery of sodium acetate prices. It is expected that the sodium acetate market will be mainly strong in the short term.