According to the monitoring of the bulk data of the business agency, due to the poor downstream demand, the ethyl acetate Market is in a weak decline. As of November 12, the average price of enterprises in East China was about 6552 yuan / ton, down 0.83% compared with the beginning of the week and 13.41% higher than the same period of last month.
| Melamine |
Recently, the domestic ethyl acetate Market is weak and downward, but the price of ethyl acetate is still at a high level. The production enterprises of ethyl acetate have stable start-up and sufficient market supply. Affected by the weakening downstream demand, the enterprise’s shipping pressure is low, and the inventory is passively accumulated. The market price of ethyl acetate continues to decline, and the market is short-sighted. At present, East China is about 6500 yuan / ton, North China is about 6400 yuan / ton, and South China is about 6750 yuan / ton.
In terms of raw materials, the acetic acid market has a strong rise, with dual support from export domestic demand, low inventory of enterprises, and high price operation of raw materials, and tight market supply, multiple favorable factors support the firm upward trend of acetic acid price. The high level of ethanol market has declined, and the raw material corn has fallen slightly. It is difficult to purchase raw materials in Northeast China. Enterprises order delivery. The demand of liquor and chemical industry in the downstream is limited. At present, ethanol in East China is about 6775 yuan / ton.
The international market price of ethyl acetate fluctuated and adjusted. At present, the port price of European market is about 1300-1400 euro / ton, and that of North American market is about 690 US dollars / ton.
According to the analysts of ethyl acetate of business club, at present, the domestic ethyl acetate Market is running in a weak position. With the weakening of raw material ethanol and insufficient cost support, especially in the case of downstream market demand, the market bearish atmosphere is obvious, and it is expected that the price of ethyl acetate will be weak in a short period of time.
| Azodicarbonamide (AC foaming Agent) |