According to the Commodity Market Analysis System of Shengyi Society, the ex factory price of ethyl acetate in China was 5613.33 yuan/ton on February 25th, a decrease of 0.18% compared to the previous trading day. Cost support has weakened, downstream follow-up is average, supplier mentality is conflicted, and the price of ethyl acetate has been adjusted downward.
Market analysis: Ethyl acetate market is weak and consolidating. On the raw material side, the price of acetic acid is relatively stable, with some regions experiencing local price reductions and insufficient cost support; On the demand side, downstream factories purchase on demand, with limited on-site order volume and a relatively weak overall trading atmosphere; Enterprises are actively shipping, and the focus of market transactions has slightly shifted downwards.
In the future, the trend of ethyl acetate raw materials is generally average, with low cost and profit. The supply side and market capacity utilization rate have been raised, and the sales pressure of enterprises has increased. Downstream demand follows up, and market trading is poor. It is expected that the price of ethyl acetate will remain weak and stable in the short term. Specific attention should be paid to changes in upstream market conditions and downstream follow-up situations.
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