Price trend

According to SunSirs, as of the 31st, the price of ethyl acetate stood at 5,860 RMB/ton; this remained unchanged from the July 24th price of 5,860 RMB/ton but represented a 4.02% increase compared to the beginning of the month. With little fluctuation in operating rates and downstream buyers purchasing only as needed, market sentiment remained stagnant, and ethyl acetate prices held steady.

Market analysis

On the supply side, ethyl acetate production units undergoing maintenance have yet to resume operations; operating rates remain low, and producers are maintaining firm price stances. Regarding demand, trading in the end-user market is lackluster, with downstream purchasing limited to immediate needs, resulting in weak demand-side support. Prices for the raw material acetic acid remain stable, providing only moderate cost support; neither downstream demand nor cost factors are driving ethyl acetate prices upward. Consequently, amidst the tug-of-war between supply and demand, the ethyl acetate market is holding steady as participants adopt a wait-and-see approach.

Market Outlook

Market sentiment for ethyl acetate is currently cautious, with a prevailing tendency to maintain stable prices while observing the situation. Demand remains lackluster as the downstream sector enters its traditional off-season. In the short term, prices are expected to consolidate; however, as units currently undergoing maintenance resume operations, supply is projected to increase, potentially weakening market sentiment and leading to a downward adjustment in prices. Future market trends will depend on raw material price movements and the level of downstream demand.

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