According to the Commodity Market Analysis System of Shengyi Society, as of December 31st, the average production price of ethyl acetate was 5746.67 yuan/ton, a decrease of 70 yuan/ton compared to the beginning of the month price of 5816.67 yuan/ton, with an overall decline of 1.20%. Due to insufficient support from suppliers, weak downstream demand, and poor market trading, the price of ethyl acetate has weakened and declined.

Market analysis: This month, the ethyl acetate market has fluctuated and fallen. During the month, there were frequent changes in the ethyl acetate plant, and the mentality of the industry was unstable. At the same time, downstream performance was poor, demand remained weak, and the market trading atmosphere was light. In a timely manner, upstream acetic acid prices rose, but the price increase of ethyl acetate was still limited, resulting in a supply-demand game in the market. The overall price of ethyl acetate fluctuated weakly during the month.

According to the Business Society Acetic Acid Commodity Market Analysis System, as of December 31st, the price was 2970 yuan/ton, an overall increase of 0.68% compared to the acetic acid price of 2950 yuan/ton at the beginning of the month. The raw material side acetic acid market first fell and then rose, increasing cost pressure and reducing profits for ethyl acetate.

Looking at the future, the current price of ethyl acetate has been adjusted downwards, and downstream entry enthusiasm is not high, which provides weak support for the market. Although the price of raw material acetic acid is strong, there may be some psychological support, but the supply and demand game continues in the market. It is expected that the ethyl acetate market will continue to be weakly adjusted and operated in the future. It is recommended to pay attention to the price execution of raw material acetic acid and ethyl acetate manufacturers.