According to the Commodity Market Analysis System of Shengyi Society, the ex factory price of ethyl acetate in China was 5456.67 yuan/ton on May 28th, unchanged from yesterday’s price. The cost situation is stable, downstream purchasing is mainly based on demand, and the trading atmosphere on the market is average. The price of ethyl acetate is temporarily stable.

Market analysis: Recently, the market for ethyl acetate has been stabilizing. On the raw material side, the price of acetic acid remains stable, but there is currently no favorable support in terms of cost; On the demand side, downstream consumption of inventory is the main factor, with a small amount of purchases following up on urgent needs. Enterprises ship according to demand, and the overall market trading is average. The focus of ethyl acetate transactions is temporarily stable.
Looking at the future, the price of ethyl acetate raw materials is stable, with little cost pressure. On the supply side, the utilization rate of ethyl acetate production capacity is low, and downstream demand is slightly followed up. There is a lack of market benefits, and it is expected that the price of ethyl acetate will remain stable in the short term. Specific attention should be paid to changes in the upstream market and downstream follow-up situations.