According to the Commodity Market Analysis System of Shengyi Society, as of the 29th, the price of ethyl acetate was 5453.33 yuan/ton, a decrease of 16.67 yuan/ton or 0.30% compared to the price of 5470.00 yuan/ton on June 23rd. The supplier’s inventory level is still acceptable, downstream demand is average, market transactions are weak, and the quotation for ethyl acetate has been adjusted downward.

The utilization rate of domestic ethyl acetate production capacity has been reduced, and the inventory of enterprises is not under pressure, with strong quotations as the main factor. The enthusiasm of downstream market entry is not high, and the market trading atmosphere is weak. Some enterprises have poor shipments, coupled with the weak operation of acetic acid on the raw material side, the cost support is average, and the shipment of ethyl acetate in the market is hindered, causing the price center of ethyl acetate to shift downward.
Looking at the future, there is a supply-demand game in the ethyl acetate market, and manufacturers have a strong intention to ship. However, downstream purchasing is poor, and the pressure on ethyl ester enterprises to ship still exists. At the same time, the raw material market is bearish, and the cost support is insufficient. It is expected that the price of ethyl acetate will be weak in the later stage, and specific attention will be paid to changes in supplier equipment and downstream follow-up.