Price trend

According to the SunSirs commodity market analysis system, as of the 19th, the price of ethyl acetate was 5,423.33 RMB/ton, down 0.18% from 5,433.33 RMB/ton on August 11th and down 0.43% from the beginning of the month. Supply chain equipment was operating smoothly, downstream demand was generally weak, and market trading sentiment was weak, leading to a weak ethyl acetate market.

Analysis review

The operating rate of domestic ethyl acetate plants was not high, and the overall operation remained stable. Enterprises shipped on demand, downstream purchasing enthusiasm was not high, and inventory consumption was slow. The acetic acid market on the raw material side fluctuated, and the overall transaction was general. The ethyl acetate market was not boosted enough. Enterprises were mainly on the sidelines, and the price of ethyl acetate had stabilized.

Market outlook

The overall capacity utilization rate of ethyl acetate was not high, companies were mainly in a wait-and-see attitude, downstream consumption was slow, the market trading atmosphere was flat, and the supply and demand in the market were mainly stalemate. The market news was quiet. It is expected that the price of ethyl acetate will run weakly and steadily in the short term. Specific attention should be paid to changes in supplier equipment and downstream follow-up.

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