SunSirs: On July 8, The Domestic Ethyl Acetate Market Gradually Stopped Falling
July 08 2022 14:38:06On the 8th, the domestic ethyl acetate market gradually stopped falling and stabilized. The prices of major manufacturers fell at the beginning of the week, mainly from the middle of the week to the weekend, and some major manufacturers increased on Friday. In terms of raw materials, the price of acetic acid continued to be low, which depressed market confidence. However, the supply and demand of ethyl acetate remained stable, the supply pressure was relieved, and the downstream just needed to follow up, so the market gradually bottomed out.
It is expected that the ethyl acetate Market will remain volatile in the short term, and the driving force for upward breakthrough is not great. It is suggested to pay attention to the price stabilization of raw acetic acid and ethyl acetate manufacturers.
At present, the mainstream transaction price in the market is in the range of 7500-7800 RMB/ton.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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