According to the Commodity Market Analysis System of Shengyi Society, the ex factory price of ethyl acetate in China was 5650.00 yuan/ton on March 12th, an increase of 0.65% compared to the beginning of the month price of 5613.33 yuan/ton. Cost support is favorable, downstream market entry actively follows up, on-site transactions increase, and the price of ethyl acetate stabilizes and rises.

Market analysis: Since March, the market for ethyl acetate has been relatively strong and consolidated. On the raw material side, the price of acetic acid continues to rise, providing favorable cost support; On the demand side, downstream procurement is steadily following up on demand, and enterprise shipments are relatively smooth. Business owners have a positive attitude, and the focus of ethyl acetate transactions is strong and upward.

In the future, the trend of ethyl acetate raw materials is relatively strong, and the cost boost is favorable. The supply side and market capacity utilization rate have not changed much, and downstream demand follows suit. The market trading atmosphere is good, and it is expected that the price of ethyl acetate will be strong in the short term. Please pay attention to the changes in upstream market conditions and downstream follow-up situation.