According to the Commodity Market Analysis System of Business Society, the domestic price of chloroacetic acid has decreased this month. As of April 22, the price of chloroacetic acid was 3175 yuan/ton, and on April 1, the price of chloroacetic acid was 3200 yuan/ton, a decrease of 0.77%.

Upstream aspect:

Upstream acetic acid: In April, the acetic acid market continued to be strong. In the early stage, the failure and shutdown of the Jiangsu Sopu unit, as well as the decrease in the load of the Tianjing unit, led to a significant decrease in the utilization rate of on-site production capacity, a decrease in manufacturer inventory, and a sustained increase in the strong acetic acid quotation. As downstream restocking continues, the demand for purchasing in the market gradually stabilizes, and the trading atmosphere in the market weakens. The acetic acid price runs steadily, and the overall on-site market is on the high side of observation.

Upstream liquid chlorine: The liquid chlorine market continued to decline in April. The market supply and demand in central China are running steadily, and some chlor alkali enterprises in Dongying have stopped exporting liquid chlorine. However, the demand side has poor purchasing sentiment, and prices continue to decline.

Downstream aspect:

In April, the price of indigo dye remained stable, and external demand in the clothing market was better than domestic demand. The operating rate remained above 90%. However, there was significant pressure from the domestic demand market, and dye enterprises actively reduced their inventory.

Business Society Chloroacetic Acid Analyst believes that in the cost composition of chloroacetic acid, liquid chlorine is not suitable for storage and transportation, which has a significant impact on the cost price of chloroacetic acid. In the future, attention should also be paid to the trend of liquid chlorine and downstream demand.