SunSirs: The Ethyl Acetate Market Was Running Weakly and Steadily

Price trend

According to the Commodity Market Analysis System of SunSirs, the ex factory price of ethyl acetate in China was 5,550.00 RMB/ton on April 23, unchanged from the previous day's price. The cost support was average, downstream followed up as needed, the trading atmosphere on the market was still acceptable, and the price of ethyl acetate was running steadily.

Analysis review

Recently, the market for ethyl acetate has been weak and stable. On the raw material side, the price of acetic acid has decreased, and the cost support was insufficient; On the demand side, downstream consumption of inventory was the main focus, with a small amount of procurement for essential needs being the main factor. Enterprises shipped according to demand, and market trading enthusiasm was not high. The focus of ethyl acetate transactions was running steadily.

Market outlook

The trend of ethyl acetate raw materials was weak, with a negative impact on the cost side. On the supply side, the utilization rate of ethyl acetate production capacity has not changed much, and downstream demand was not following up well. It is expected that the price of ethyl acetate will be weaker in the short term. Please pay attention to the changes in the upstream market and downstream follow-up situation.

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