According to the Commodity Market Analysis System of Shengyi Society, the price of ethyl acetate on November 26th was 5370.00 yuan/ton, an increase of 0.31% compared to yesterday’s price. On November 26th, the ethyl acetate index of Shengyi Society was 73.06, up 0.23 points from yesterday, down 50.73% from the highest point of 148.30 points during the cycle (September 27, 2021), and up 23.06% from the lowest point of 59.37 points on September 7, 2016. (Note: The cycle refers to the period from September 1, 2011 to present)

The domestic ethyl acetate plant operates stably, with a relatively high overall opening rate and slow downstream consumption. It mainly enters the market on demand. Ethyl acetate manufacturers are negotiating shipments, and the raw material acetic acid market continues to rise. There is a strong intention for ethyl acetate to rise. Driven by costs, the ethyl acetate market has been adjusted upwards.
Looking at the future, the ethyl acetate plant is operating steadily, with high inventory pressure on the supply side and limited downstream purchases. The market is mainly adopting a wait-and-see attitude, while the upstream acetic acid market is strong, providing support for the ethyl acetate mentality. It is expected that the short-term ethyl acetate market will narrow down, and specific attention will be paid to the raw material market and downstream follow-up situation in the future.