Last week (3.8-12), the domestic ethyl acetate Market was mainly stable. After a sharp rise in late February, the high price fell in early March. At present, the price has stabilized. According to the monitoring of the business society, the production price of ethyl acetate in East China was 8925 yuan / ton, up or down to 0 last week.
In terms of the upstream acetic acid market, it has also stepped out of the stable market after falling from a high level. The cost support is weakened. The current price of acetic acid is still high, the market supply is slightly short, the downstream demand is stable, and the acetic acid market maintains a narrow high adjustment trend in the short term.
In the first week of this month, the price of ethyl acetate manufacturers in Shandong fell, but at present, the callback trend is basically in place. With the price of jinyimeng and other manufacturers rebounding after falling, the current price is running to a relatively high level, mainly due to the easing of supply pressure and the rigid demand. Supply side: in recent years, large plants have been running stably and the market supply is sufficient, but the inventory pressure of manufacturers is not obvious. Moreover, in terms of demand, with the recovery of economy, the terminal industry also showed warmth, the downstream operating rate gradually increased, and the purchasing capacity increased significantly compared with the previous month.
In the future, the price of ethyl acetate will be stable due to the stable supply and demand in the short term, and there should be little room for rise and fall.
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