Price trend

According to the commodity market analysis system of SunSirs, as of the 13th, the price of ethyl acetate was 5,320 RMB/ton, unchanged from the price on February 6th, and down 0.13% from the beginning of the month. Ethyl acetate producers actively shipped their products, downstream demand was moderate, and market sentiment was weak, resulting in a stable ethyl acetate market.

Market analysis

This week, the operating rate of domestic ethyl acetate plants decreased, market inventory declined, downstream pre-holiday stockpiling was generally weak, and purchases were mainly driven by immediate needs, providing insufficient support for ethyl acetate. The price of acetic acid, the raw material, saw a slight increase, but upstream support was limited, and market trading remained weak. Overall, ethyl acetate prices remained in a wait-and-see mode.

Market outlook

Looking ahead, ethyl acetate plants are operating stably, with companies adopting a wait-and-see approach. Downstream demand is weak, and market transactions are generally average. Upstream market conditions have limited impact on the ethyl acetate market, and there is a lack of positive support in the market. It is expected that ethyl acetate prices will remain stable in the short term, and the specific market trend will depend on raw material prices and downstream follow-up.

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