SunSirs: On April 11, the market price of ethyl acetate rose
April 12 2022 09:22:55On the 11th, the domestic ethyl acetate Market rose steadily. The high price of raw acetic acid has obvious support for the downstream ethyl ester. Shandong's main auction was changed to retail, and the transaction was good, which boosted market confidence. The price of East China manufacturers increased on Monday, driving the market atmosphere to pick up. However, at present, the market is still affected by the epidemic, the shipment in East and North China is still restricted, and the downstream just needs to follow up. The mainstream transaction price in the market is in the range of 8600-8800 RMB/ton.
Future forecast: domestic ethyl acetate is still boosted by the strength of acetic acid in the near future. The market supply and demand maintain a balanced situation. In the short term, we still need to pay attention to the trend of raw material acetic acid. In the near future, the market mainly stops rising and stabilizes.
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