According to the monitoring of the bulk data of the business agency, due to the strong support of the cost side, the ethyl acetate market continued to rise. As of November 24, the average price of enterprises in East China was about 6770 yuan / ton, up 2.85% compared with the beginning of the month and 9.86% higher than the same period of last month.
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At present, the domestic ethyl acetate market continues to rise. Affected by the continuous increase of raw material acetic acid, the cost side support is good. In addition, some enterprises in East China have reduced the maintenance burden, and the situation of market supply exceeding demand has been effectively alleviated, and the enterprise quotation has been pushed up. At present, it is about 6800 yuan / ton in East China, 6700 yuan / ton in North China and 7350 yuan / ton in South China.
In terms of raw materials, the acetic acid market continued to rise, with strong domestic and export demand. In addition, some enterprises were short of maintenance, and the spot supply was in short supply. The price of acetic acid rose to the annual high. At present, the spot market of raw material corn is weak, and from the perspective of demand, liquor purchasing in downstream consumption is mainly required. Some enterprises mainly consume inventory when their units are shut down for maintenance, and the overall market traders are more bearish on the future market. At present, ethanol in East China is about 6775 yuan / ton.
The international market price of ethyl acetate has been rising steadily. The port price in European market is about 1300-1400 euro / ton, and the port price in North America is about 760 US dollars / ton.
According to the analysts of ethyl acetate of business club, the current spot supply of ethyl acetate Market is shrinking, and the contradiction between supply and demand has been solved to a certain extent. In addition, the high-level operation of raw material market has double advantages to support the stable operation of ethyl acetate Market in the short term.
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