According to the Commodity Market Analysis System of Shengyi Society, as of the 24th, the price of ethyl acetate was 5630.00 yuan/ton, an increase of 0.12% compared to the price of 5623.33 yuan/ton on January 20th, and a decrease of 2.03% compared to the beginning of the month. The inventory pressure on the supply side is not high, and downstream entry into the market follows up on demand. The market supply and demand are relatively balanced, and the ethyl acetate market is operating in a wait-and-see manner.
This week, the operating rate of domestic ethyl acetate plants has decreased, with no pressure on enterprise inventory, weak raw material prices as the main factor, inadequate cost support, weakened downstream production of ethyl acetate, and follow-up on demand before the holiday. Enterprise shipments are still acceptable, and the market price of ethyl acetate has stabilized.
In the future, the utilization rate of ethyl acetate production capacity is not high, and the market supply of goods remains stable. Downstream pre holiday stocking is coming to an end, and the market transaction atmosphere is weakening. In the short term, the price of ethyl acetate is stable and waiting for operation. Specific attention should be paid to changes in supplier equipment and downstream follow-up.
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