Market sources reported that China's ethyl acetate production in August was 199,800 tons, a 5.56% decrease from the previous month.
Also, market sources reported that China's average monthly ethyl acetate capacity utilization rate was 44.40% in August, a 5.85% decrease from the previous month.
In the last week of August, ethyl acetate capacity utilization was 45.53%, a 1.64% decrease from the previous week.
As an integrated internet platform providing benchmark prices, on September 1st, the benchmark price of ethyl acetate on SunSirs was 5,380.00 RMB/ton, a 1.28% decrease from the beginning of the previous month (5,450.00 RMB/ton).
Application of SunSirs Benchmark Pricing:
Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).
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