According to the monitoring of the bulk data of the business agency, the East China ethyl acetate market fluctuated and adjusted in August. At the beginning of the month, the average price of enterprises in East China was about 5600 yuan / ton, rising to about 5682 yuan / ton in the middle of the month, with an increase of 1.47%. At the end of the month, it dropped to about 5602 yuan / ton, an overall increase of 0.04% compared with the beginning of the month.

At the beginning of the month, affected by the maintenance of enterprises, the overall supply of domestic ethyl acetate Market declined, and the enterprises pushed up, but the increase was not large. After the middle of the month, the maintenance enterprises in the early stage recovered and the spot supply increased. In addition, the demand in the downstream market was flat, and the enterprises were forced to compete for sales. Due to the high cost, some enterprises were close to the edge of loss. At present, it is about 5450 yuan / ton in East China, 5400 yuan / ton in North China and 5750 yuan / ton in South China.

In terms of raw materials, the acetic acid market started high in the whole month, and the spot supply was sufficient. With the completion of enterprise maintenance, the situation of market supply exceeding demand intensified, and the price of acetic acid continued to decline. The ethanol market fluctuated downward, the transaction price of raw corn weakened, and the ethanol enterprise equipment gradually opened. In addition, the demand of downstream market was weak, and the transaction was soft.

The international market price of ethyl acetate fluctuated and adjusted. At present, the port price in European market is about 750-770 euro / ton; in North America, the port price is about 630-680 US dollars / ton.

The ethyl acetate analysts of the business agency believe that the current domestic ethyl acetate Market bearish sentiment still exists, the situation of market supply exceeding demand continues, enterprises are forced to yield profits to ship, but recently, with the price of acetic acid rising slightly, ethyl ester enterprises have speculation mood. It is expected that the ethyl acetate Market will be in a weak position in the short term, and it is necessary to pay attention to the market of raw materials.