According to the Commodity Market Analysis System of Shengyi Society, as of the 28th, the price of ethyl acetate was 5390.00 yuan/ton, an increase of 0.50% compared to the price of 5363.33 yuan/ton on September 22nd. The price of acetic acid continues to be strong, and the raw material market is boosted positively. Supply side production has increased, which has suppressed a slight increase in the price of ethyl acetate.

This week, the utilization rate of domestic ethyl acetate production capacity has increased, the market inventory has increased, and downstream pre holiday stocking demand is average. A small amount of trading is mainly based on demand. The price of raw material acetic acid continues to rise, which provides good support for the market mentality of ethyl acetate. The price of ethyl acetate has been raised narrowly this week.
Looking at the future, the inventory of ethyl acetate in the market is currently high, and companies are maintaining active shipments. The pre holiday and downstream replenishment sentiment is not good, and the market trading needs to be followed up. The support of the raw material market is limited, and it is expected that ethyl acetate will fluctuate steadily in the short term. Please pay attention to the trend of raw materials and downstream follow-up.