Price trend

According to SunSirs Data, as of the 27th, the price of ethyl acetate stood at 6,516.67 RMB/ton. This represents a decrease of 400 RMB/ton—or 5.78%—compared to the price of 6,916.67 RMB/ton recorded on April 20. With the prices of raw materials for ethyl acetate continuing their downward trend and cost-side factors remaining bearish, the overall market sentiment for ethyl acetate remains weak, and the price trajectory continues its downward slide.

Market analysis

The continuous decline in upstream acetic acid prices has exerted a bearish influence on the ethyl acetate market; manufacturers remain pessimistic in their outlook, adjusting their price quotes downward in tandem with market trends. On the downstream side, purchasing activity is limited to immediate, essential needs, resulting in sparse actual transaction volumes and insufficient support from the demand sector. Regarding supply, operating rates at ethyl acetate production facilities have fluctuated within a narrow range, ensuring a stable supply of goods; with manufacturers prioritizing active inventory clearance ahead of the holiday period, the market's fundamental underpinnings remain weak, driving the ethyl acetate market on a downward trajectory.

Market outlook

Looking ahead, ethyl acetate supply remains ample, with manufacturers prioritizing shipments. The price of the feedstock—acetic acid—is weak, providing insufficient cost-side support. Downstream buyers are entering the market on a strictly demand-driven basis, resulting in a lackluster trading atmosphere. It is anticipated that the ethyl acetate market will continue its weak, consolidating trend leading up to the holiday; future market developments will depend specifically on feedstock price trends and the extent of downstream follow-through.

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