Price trend

According to the Commodity Market Analysis System of SunSirs, the ex factory price of ethyl acetate in China was 5,470 RMB/ton on June 25th, unchanged from the previous day's price. The cost was mainly stable, and downstream purchases followed up as needed. The transaction atmosphere on the market was still acceptable, and the price of ethyl acetate was firm.

Analysis review

Recently, the market for ethyl acetate has been operating in a wait-and-see manner. On the raw material side, the price of acetic acid remained stable with small fluctuations, and the cost support was limited; On the demand side, downstream consumption was average, with a small amount of purchases following up on urgent needs. Enterprises shipped according to demand, and the market atmosphere was stagnant. The focus of ethyl acetate transactions was running steadily.

Market outlook

There was temporarily no inventory pressure on the supply side of ethyl acetate manufacturers, with strong quotations as the main factor. Downstream demand was weak, and the mentality of the industry was not good. However, there was a recent upward trend in the price of raw material acetic acid, which may have positive support. It is expected that the ethyl acetate market will be stronger in the later stage, and specific attention will be paid to changes in the upstream market and downstream follow-up.

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