According to the Commodity Market Analysis System of Shengyi Society, as of the 30th, the price of ethyl acetate was 5433.33 yuan/ton, an increase of 0.12% compared to the price of 5426.67 yuan/ton on July 23rd, and a decrease of 0.31% from the beginning of the month. The supplier’s inventory pressure is not high, and downstream market entry is mainly based on demand. The raw material market is supported by favorable conditions, and the quotation for ethyl acetate has been adjusted upwards.

The operation of domestic ethyl acetate plants is stable, and the overall market capacity utilization rate remains at a median level. Downstream purchasing enthusiasm is still acceptable, and enterprises ship according to demand. The market supply and demand are relatively balanced, and on-site trading is stable. In the early stage, the raw material acetic acid market was relatively strong and consolidated, which has a certain boosting effect on the ethyl acetate market. Some enterprises have a positive attitude, and the price of ethyl acetate has slightly increased.

In the future, the utilization rate of ethyl acetate production capacity is not high, the market supply remains stable, and downstream purchases are made according to demand. The support for ethyl acetate is still acceptable, and ethyl ester enterprises are negotiating shipments. Currently, the market sentiment is mostly wait-and-see, and it is expected that the price of ethyl acetate will remain stable in the short term. Specific attention will be paid to changes in supplier equipment and downstream follow-up.