According to the commodity market analysis system of SunSirs, as of the 25th, the price of ethyl acetate was 5433.33 RMB/ton, down 0.24% from the price of 5446.67 RMB/ton on May 19, and down 1.51% from the beginning of the month. The demand side is looking for low-price purchases, the market transaction is not high, the shipment of ethyl acetate enterprises is not smooth, the price of raw materials is rising, and the cost pressure of ethyl acetate is increasing.

This week, the domestic ethyl acetate plant started steadily, and the inventory pressure of enterprises was not great. The news from the supply side was quiet, and enterprises were mainly actively shipping. The downstream demand performance was poor, there were many low-price inquiries in the market, and new orders were insufficient. The game of supply and demand in the market, the price was weak and downward at the beginning of the week, and the price of upstream acetic acid rose, supporting the ethyl acetate price to stop falling and stabilize.

Looking at the future market, the ethyl acetate market is weak, most manufacturers are taking a wait-and-see attitude, downstream demand is weak, companies are under great sales pressure, and the continuous increase in raw material prices has provided certain support to the market. It is expected that the price of ethyl acetate will consolidate in the short term, with specific attention paid to changes in supplier equipment and downstream follow-up.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.