Commodity Market: According to the Commodity Market Analysis System of Shengyishe, the market trend of sodium acetate trihydrate was narrow and weak this week, with a price of 2383 yuan/ton on March 13th, a decrease of 0.69% compared to February 13th.

In terms of raw material soda ash: According to the commodity market analysis system of Business Society, the domestic light soda ash price on March 13th was 2046 yuan/ton, a decrease of 13.65% compared to February 13th. The supply of spot soda ash has started to fluctuate at a high level, and the inventory of enterprises continues to accumulate. In terms of downstream demand, procurement is not active, and multi-dimensional support is needed to replenish inventory. The price of soda ash is operating in a weak market.

Regarding raw material acetic acid: According to the commodity market analysis system of Shengyishe, the domestic acetic acid price on March 13th was 3115 yuan/ton, a decrease of 6.05% compared to February 13th. The operating rate of acetic acid enterprises is relatively high. In March, acetic acid manufacturers have no maintenance plans, and the market supply of goods may be mainly high. Downstream product demand is weak, and there is limited purchasing of acetic acid. There is a lack of favorable conditions on site, and the market price of acetic acid has been lowered one after another.

Analysts from Business Society believe that the overcapacity and price decline of upstream products have led to a weakening of the price of sodium acetate trihydrate, and it is expected that sodium acetate trihydrate will operate in a weak market in the future.