According to the Commodity Market Analysis System of Shengyi Society, the ex factory price of ethyl acetate in China was 5470 yuan/ton on June 25th, unchanged from yesterday’s price. The cost is mainly stable, and downstream purchases follow up as needed. The transaction atmosphere on the market is still acceptable, and the price of ethyl acetate is firm.

Market analysis: Recently, the ethyl acetate market has been operating on a wait-and-see basis. On the raw material side, the price of acetic acid remains stable with small fluctuations, and the cost support is limited; On the demand side, downstream consumption is average, with a small amount of purchases following up on urgent needs. Enterprises ship according to demand, and the market atmosphere is stagnant. The focus of ethyl acetate transactions is running steadily.
Looking at the future market, there is currently no inventory pressure on the supply side of ethyl acetate manufacturers, with strong quotations as the main factor. Downstream demand is weak, and the mentality of industry players is not good. However, there is a recent upward trend in the price of raw material acetic acid, which may have positive support. It is expected that the ethyl acetate market will be strong in the later period, and specific attention should be paid to changes in the upstream market and downstream follow-up situations.