According to the Commodity Market Analysis System of Shengyi Society, as of the 13th, the price of ethyl acetate was 5456.67 yuan/ton, an increase of 40 yuan/ton or 0.74% compared to the price of 5416.67 yuan/ton on June 6th. There is no pressure on the supplier’s spot goods, and the enterprise’s mentality is quite high. The downstream is following up on demand, and the market transaction is still acceptable. The quotation for ethyl acetate is consolidating upwards.

The utilization rate of domestic ethyl acetate production capacity is not high, and the inventory pressure of enterprises is not significant. The main reason is that the quotation is firm. At the same time, there are many orders in the export market, and the supply of market goods is tight. The news is positive, and the quotation for ethyl acetate has been adjusted upwards; On the cost side, the weak downward trend of raw material acetic acid and the increase in profit of ethyl ester have a negative impact on the downstream purchasing sentiment of ethyl ester; In terms of demand, downstream entry into the market will follow up on demand, which will definitely suppress the significant increase in ethyl ester prices.
In the future, the operating rate of the ethyl acetate market is not high, and the support of the supply market is good. However, the enthusiasm of downstream market entry is not high, and the pressure on ethyl ester enterprises to ship may increase. At the same time, the raw material market is weak, and the cost is bearish. It is expected that the price of ethyl acetate will be weakly adjusted in the later stage, and specific attention will be paid to changes in the supply side equipment and downstream follow-up.