According to data from SunSirs, as of the 26th, the price of ethyl acetate stood at 5,873.33 RMB/ton, marking an increase of 30 RMB/ton (or 0.51%) from the 5,843.33 RMB/ton recorded on August 20th. Driven by rising upstream acetic acid prices—which provided market support—and steady downstream demand-based purchasing, market trading remained decent, with ethyl acetate prices trending firm.

On the cost side, acetic acid prices have been steadily rising, exerting strong upward pressure on ethyl acetate and prompting some producers to raise their quotes; regarding supply, operating rates for ethyl acetate have recently increased, and with an anticipated rise in market availability, significant price surges are being curbed; on the demand side, the end-market is in its traditional off-season, with downstream purchasing limited to immediate needs, providing little momentum to the market; amidst this interplay of market sentiments, ethyl acetate prices have seen a modest upward adjustment. 

Looking ahead, the operating rate for ethyl acetate is currently high, while downstream demand is recovering slowly, resulting in a continued tug-of-war between supply and demand. Regarding costs, acetic acid prices are strong whereas ethanol prices remain weak; consequently, market participants are adopting a cautious approach, limiting the upside for ethyl acetate prices. In the short term, the market is expected to consolidate with prices fluctuating within a narrow range. Future trends will depend on raw material market dynamics and the pace of downstream demand recovery.

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