According to the Commodity Market Analysis System of Shengyi Society, as of the 19th, the price of ethyl acetate was 5423.33 yuan/ton, a decrease of 0.18% compared to the price of 5433.33 yuan/ton on August 11th, and a decrease of 0.43% from the beginning of the month. The supplier’s equipment is running smoothly, the downstream demand performance is average, the market trading atmosphere is weak, and the ethyl acetate market is running weakly.
The operating rate of domestic ethyl acetate plants is not high, and the overall operation is mostly stable. Enterprises ship according to demand, and downstream purchasing enthusiasm is not high, resulting in slow inventory consumption. The acetic acid market on the raw material side fluctuates, and overall transactions are average, which does not provide enough boost to the ethyl acetate market. Enterprises are mainly adopting a wait-and-see attitude, and the price of ethyl acetate is stabilizing.
In the future, the overall capacity utilization rate of ethyl acetate is not high, and the mentality of enterprises is mainly wait-and-see. Downstream consumption is slow, the market trading atmosphere is flat, and the supply and demand situation in the market is mainly deadlocked. Currently, the market news is quiet, and it is expected that the price of ethyl acetate will remain weak and stable in the short term. Specific attention should be paid to changes in supplier equipment and downstream follow-up.
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